Energy generator and retailer AGL has withdrawn its $3 billion takeover offer for Vocus — the second suitor to walk away from the telecommunications company in the past fortnight.
AGL has signalled an aggressive move to broaden its business away from legacy coal-burning infrastructure to data infrastructure with its bid for the telecommunications business Vocus.
Former Fairfax Media executive Antony 'The Cat' Catalano strikes a $115 million deal to buy his old employer's regional newspaper group.
Australian paint maker DuluxGroup is on track to be taken over for $3.8 billion by Nippon Paint Holdings, pending approval by shareholders, the courts and regulatory bodies.
One of the world's best-known lollies is again being made in Australia as Darrell Lea turned on their production of Life Savers in south-west Sydney.
News of the potential sale of James Packer's Crown Resorts comes after a particularly turbulent time for the company, factors that may be encouraging Mr Packer to get out of the gambling business.
Crown Resorts' share price surges after the company confirms it is the subject of a $10 billion takeover offer from Las Vegas casino giant Wynn Resorts.
Chinese investment in Australia drops by more than 36 per cent in 2018, to its second lowest level since the global financial crisis of 2008.
A foreign company is looking to take over a small Northern Territory-based resources company, which owns one of the nation's biggest deposits of phosphate.
Telco TPG is ceasing the rollout of its mobile network, which would have been a fourth competitor in the Australian mobile phone market.