Sydney Beer Co upsizes fund-raising target

Good Morning,

Vladimir Putin claims landslide Russian election victory, Sixth successive trading day loss for NZX, Lawyers swarm Healthscope’s $1.6b debt restructure, South African rand slips ahead of CPI, Five-year plan to put fizz back into hospitality, Dunedin City Council will investigate selling lines company Aurora Energy, Morrison offers listed global infrastructure fund to Kiwi investors

Let's jump in.

Before The Bell

Markets

  • Sixth successive trading day loss for NZX (GR)

  • Wave of China money piles into Aussie banks, fueling rally (AFR)

  • Oil prices build on last week's strength as supply risks rise (RT)

  • South African rand slips ahead of CPI, central bank meetings (RT)

News Summary

  • Five-year plan to put fizz back into hospitality (NBR)

  • ‘Pivot to petrol’: Motor industry reacts to RUC changes (NBR)

  • Christopher Luxon says Winston Peters’ Nazi comparison not ‘helpful’ (Stuff)

  • Bail to be opposed for Kiwi brothers arrested after alleged attack on traffic officer in Thailand (Stuff)

  • Uber to pay $272 million to Aussie taxi operators in class action settlement (9 News)

  • New spray offers hope for people with common sleep condition (9 News)

  • Qantas could be forced to pay 'many millions' to sacked workers (9 News)

  • Queensland government spurns report's recommendation to demolish Gabba (9 News)

  • Jack Fitzgibbon remembered as 'gold standard' at funeral after fatal military drill accident (9 News)

  • Vladimir Putin claims landslide Russian election victory (Guardian)

  • Shock and confusion as Turkey seizes earthquake survivors' homes (RT)

Deal Flow

Investments / M&A

  • Aviva sells Singlife joint venture stake for $1.2 bln (RT)

  • Perseus raises stakes in $258m OreCorp gold bidding war (AFR)

  • Superloop tells Aussie Broadband to slash stake below 12pc (AFR)

  • Dunedin City Council will investigate selling lines company Aurora Energy. The company has a forecast debt of $576 million (Stuff)

  • Australia's MinRes to develop a lithium processing hub in Goldfields region (RT)

  • Fresh claims in Satori Holdings liquidation saga (NBR)

  • Morrison offers listed global infrastructure fund to Kiwi investors (NBR)

  • Brookfield’s Healthscope kicks off lender negotiations amid restructure (AFR)

VC & Fundraising

  • Small beer! Sydney Beer Co upsizes fund-raising target (AFR)

Equity Raises

  • Cybersecurity roll-up Sovereign Cloud Holdings launches rights issue (AFR)

Debt

  • Lawyers swarm Healthscope’s $1.6b debt restructure (AFR)

  • MoneyMe on international roadshow for new ABS deal (AFR)

Daily Picks

  • Why Formula 1’s fuel is going green (AFR)

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