
Queensland stocks beat the benchmark as private equity pushes mergers
The value of Queensland’s listed companies jumped 31 per cent last year, outpacing the All Ords and led by resource and energy stocks, according to Deloitte.
The value of Queensland’s listed companies jumped 31 per cent last year, outpacing the All Ords and led by resource and energy stocks, according to Deloitte.
The Brisbane-based cancer care company Icon Group has been sold to European investment company EQT Private Equity for $2.4 billion.
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US private equity firm Bain Capital won’t formally assume control of Virgin Australia until November. But its coup last week against chief executive Paul Scurrah signals the start of a classic private equity smash-and-grab operation, writes Mark Melatos.