Zelenskiy gives number of soldier deaths for the first time

Good Morning,

Commonwealth Bank lines up $650m debt for Costa Group take-private, Ant Group outbids Citadel for Credit Suisse's China unit, SNP to push for another Commons vote on ceasefire in Gaza, Tuvalu names Feleti Teo prime minister, NZ a pain point as Michael Hill profits fall, Stocks, Futures Slip at Start of Data-Rich Week, NZ sharemarket flat as earning season rolls on

Let's jump in.

Before The Bell

Markets

• NZ sharemarket flat as earning season rolls on (GR)

• ASX edges up; TPG sinks 8pc; Alumina shares jump on takeover bid (AFR)

• Stocks, Futures Slip at Start of Data-Rich Week (BBG)

• Asia shares drift ahead of inflation tests (RT)

News Summary

• Queenstown’s Carlin Hotel goes into receivership (NBR)

• Summerset to push into Queensland (NBR)

• ‘Under-rented’ Auckland offers growth (NBR)

• NZ a pain point as Michael Hill profits fall (NBR)

• Hundreds of school upgrade projects at risk, education minister says (Stuff)

• Skipper pleads guilty after collision with ferry that left one critically injured (Stuff)

• Victorian firefighters battle to control major blaze ahead of nightmare conditions (9 News)

• Thousands of car parks at Melbourne Airport to be unusable until late 2026 (9 News)

• Major online auction company sells 750 Aussies fake or faulty cars (9 News)

• US leading global alliance to counter foreign government disinformation (Guardian)

• Tuvalu names Feleti Teo prime minister after pro-Taiwan leader Kausea Natano ousted (Guardian)

• Zelenskiy says 31,000 soldiers killed, giving figure for first time (Guardian)

• SNP to push for another Commons vote on ceasefire in Gaza (Guardian)

Deal Flow

Investments / M&A

• French group Saint-Gobain wins over CSR board in $4.3b takeover (AFR)

• Alcoa in $3.3b bid for Australian partner Alumina (AFR)

• Billionaire Niel to Buy $1.3 billion Stake in Sweden’s Tele2 (BBG)

• Superloop rejects Aussie Broadband’s AU$466m takeover bid (AFR)

• Goodman proposes NZ$290m internalisation deal (NBR)

• Iress sells OneVue platform business; Flagstaff, MA Moelis on ticket (AFR)

• McGuigan owner Australian Vintage considers merger with Accolade (AFR)

• Westpac to sell RAMS Home Loans, 16 years after saving it from GFC (AFR)

• Ant Group outbids Citadel for Credit Suisse's China unit (RT)

Debt

• Commonwealth Bank lines up $650m debt for Costa Group take-private (AFR)

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