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Private equity gears up for a deal fest Down Under

Australians are a sports-mad lot. So it’s fitting that one of the country’s most hotly contested deals involving overseas private equity firms is for Rugby Australia. CVC Capital Partners and Silver Lake are just two of the seven players, reports the Australian Financial Review, trying out to join the ownership team of the game’s national governing body. It’s an unusually competitive battle in a slow year for financial sponsors. It’s also a teaser for the deal fest buyout shops are gearing up for Down Under. ....

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AI hype embellishes Il Makiage IPO

The Israeli beauty company home to Il Makiage and SpoiledChild is highlighting its artificial intelligence. At some point, it will wash off, columnist Anita Ramaswamy writes. ....

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Factbox: PwC Australia scandal latest of many around the globe for the firm

PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up work with multinational companies hoping to sidestep new rules. ....

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