Australian billionaire’s WiseTech to acquire U.S. firm for $2.1 billion
WiseTech Global, the Australian logistics software company founded by Australian billionaire Richard White, plans to buy cloud computing firm E2open for $2.1 billion.
Yessar Rosendar, Forbes Staff
Indonesian billionaire brothers’ Djarum Group unveils electric SUVs amid intense competition
Polytron, which has been selling electric motor bikes since 2022, hopes to hold its own against foreign car manufacturers. Its SUVs can travel across a distance of 402 kilometers on a fully-charged battery.
Google doubles down on Malaysia with $236 million data center deal
Malaysia is rapidly emerging as a key hub for data centers, fueled by the region’s AI boom. Last year, Google announced plans to invest $2 billion in the country.
Embattled Star accepts $300 million funding deal from U.S. casino operator Bally’s
Under the deal, Bally’s will purchase a combination of Star’s convertible notes and subordinated debt, delivered in multiple stages, according to an exchange filing.
Billionaire climate activist Mike Cannon-Brookes defends F1 sponsorship, private jet use
Australian tech billionaire and climate activist Mike Cannon-Brookes has defended his company’s sponsorship of the Williams Formula 1 team and his use of a private jet, emphasizing the need for pragmatic trade-offs in the pursuit of sustainability.
Billionaire Bruce Mathieson’s embattled Star gets $650 million debt refinancing offer from Oaktree
Star Entertainment Group—backed by Australian billionaire Bruce Mathieson—has received $414 million debt refinancing offer from U.S. alternative asset manager Oaktree Capital Management, providing the cash-strapped casino operator a potential lifeline.
Billionaire Bruce Mathieson-backed Star in talks to sell Brisbane Casino to Hong Kong partners
Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is in talks to sell its resort complex in Brisbane to its Hong Kong partners as the cash-strapped casino operator seeks to raise fresh capital to shore up its finances.
‘Material uncertainty’: Casino operator Star may run out of cash
Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is facing the risk of running out of cash as the embattled casino operator struggled to raise fresh capital amid slumping gaming revenues.
Indian Billionaire Gautam Adani building $476 million powerline project
Adani Energy Solutions will invest $476 million to build a 298-kilometer transmission line in the western Indian state of Gujarat.
Australia’s $30 billion solar farm, backed by Mike Cannon-Brookes, gets green light
Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.