Infratil Ltd
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— From the desk
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Infratil raises $927m in share placement to fuel data centre expansion
Infrastructure investment company Infratil (ASX: IFT) has raised approximately $927 million from the underwritten share placement component of a planned $1.07 billion equity raising. The placement saw the issue of new Infratil shares at approximately $9.41 each, representing a discount of 6.8% to the last closing price of $10.10 on 14 June and a 6% […]
Rio Tinto pays historic tax settlement, Kelsian walks from deal with Go-Ahead and BHP accelerates potash project
Mining giant Rio Tinto (ASX: RIO) has agreed to hand over almost $1 billion in unpaid taxes in what is deemed to be one of the largest tax settlements in Australian history. Rio Tinto will pay the Australian Tax Office (ATO) an additional $613 million to settle disputes over its financing arrangements and marketing hubs […]