Caltex Australia Ltd said Canada's Alimentation Couche-Tard Inc has raised its buyout offer to A$8.80 billion ($5.93 billion), in a final attempt to sway the oil refiner and convenience store firm after interest from Britain's EG Group.
Blackmores Ltd scrapped its dividend on Wednesday and said it expects this year's profit to more than halve as the coronavirus hits its supply chain, sending the Australian vitamin maker's shares down by the most in nearly a year.
* No provision made for lower sales outside China
(Recasts and updates throughout with shares, analyst comment,
Australia's Boral Ltd said on Monday delays to building projects due to bushfires will likely cause a plunge in its second-half results, while revealing an investigation had found inflated earnings at its North American window-making business.
* Closure of Macau casinos and slide in tourism hitting
The new coronavirus epidemic has claimed its first big M&A deal, with Macau casino operator Melco Resorts & Entertainment Ltd pulling the plug on a stake purchase in Australia's Crown Resorts Ltd , citing a plunge in traveler numbers and casino closures.
* Tourism, travel stocks rise after sharp falls earlier this
* Mining, energy stocks hit hard as oil, commodity prices
Village Roadshow Ltd on Friday said it has received an unsolicited buyout offer from a private equity firm that valued the Australian movie theater and theme park operator at A$777 million ($531 million), about 2% more than a earlier rival bid.
SYDNEY/HONG KONG Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal.