M&A

Battle for Balmaine enters its end game

TEN months after Singapore-listed Shen Yao Holdings appointed administrators Hall Chadwick to its Australian subsidiary Balmaine Gold, a UK-based hedge fund is poised to seize control.

There could be a light at the end of the tunnel for Ballarat's last mine

There could be a light at the end of the tunnel for Ballarat's last mine

Acheron Capital, founded by Jean-Michel Paul almost 20 years ago, won tentative support from Balmaine's creditors at a meeting yesterday to secure control by paying out nearly $40 million cash, but the...

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