The government will reap up to $5.5 billion from the sale of Medibank Private when it lists on November 25, the health insurer's prospectus has shown.
The pay packet of Medibank Private boss George Savvides will more than triple overnight on November 25.
Roiling markets have hit super and jeopardised the $4 billion Medibank Private float, but may stop rates rising for at least a year.
Is Groupon Australia acting in the interests of its own body corporate in Australia?
See how Australia's biggest listed companies performed this week
Australia's richest person Gina Rinehart will not relinquish her 10 per cent stake in struggling free-to-air broadcaster, Ten, despite planning to step down from the company's board.
On Friday, some of the country’s most successful entrepreneurs and rich-list families backed an equity raising of taxi booking and payments app goCatch in the race to “break apart” the country’s powerful $5.4 billion taxi industry.
Sydney's wealthy Salteri family has sold contractor Tenix to Downer EDI for $300 million, as revealed by Fairfax Media on Monday morning.
The $35-million national sea simulator is a cut above other scientific aquariums.
Australian management firm Transfield Services has received an indicative takeover proposal from Spanish infrastructure group Ferrovial, valuing the company at around A$1 billion.