Kanika Sood

Sydney

Financial Journalist at Financial Standard

Financial journalist. I love tiramisu and nutgraphs. [email protected]

Articles

iPartners backs Aussie beauty company York Street Brands

3 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Sarah Thompson, Kanika Sood and Emma RapaportMay 12, 2025 – 8.18pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Alium Capital-backed beauty company York Street Brands has secured the backing of alternatives manager iPartners after banking $2 million in its latest funding round.
Hazardous deals: toxic waste management biz Tellus seeks new debt

3 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

The distressed debt funds that feasted on Carlyle’s Bis Industries are once again smacking their lips as a new refinancing candidate –toxic waste storage company Tellus Holdings – lands on the dealmaking circuit.
Goldman Sachs Asset Management real estate head bows out

3 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

The war for top talent rages on, this time at Goldman Sachs. Wall Street investment bank Goldman Sachs is a man down in asset management. ReutersLoading... Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.
Dyno Nobel inks deal for fertiliser business

3 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Sarah Thompson, Kanika Sood and Emma RapaportMay 12, 2025 – 7.35am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Dyno Nobel, formerly Incitec Pivot, has signed a deal with Ridley Corporation for the sale of part of its fertiliser business, Street Talk understands. Sources said UBS wall-crossed investors over the weekend. Dyno is set to announce its results today. Loading...
Sandon moves to spill Southern Cross board...but it’s ready to hit back

4 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

There’s been a flurry of activity behind the scenes at ASX-listed radio and television broadcaster Southern Cross Austereo, which will on Monday seek to rebuke a board spill attempt by its newest shareholder, Street Talk understands. On Wednesday, activist investor Sandon Capital, which appeared as substantial on Southern Cross’ register with a 5.05 per cent stake just two-weeks ago, issued a strongly worded letter to the board and major shareholders.
Sigma shareholders cash out $450m-plus as blackout period looms

4 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

It’s the gift that keeps on giving for stockbrokers and investment banking teams. Cheers at the bell-ringing ceremony. Left to right: Sigma Healthcare CEO Vikesh Ramsunder; Chemist Warehouse co-founders Sam Gance and Jack Gance; Chemist Warehouse CEO Mario Verrocchi. Louie DouvisLoading... Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.
Eyes on I-MED’s Jones Radiology as Stonepeak prepares to take keys

4 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Mike Dorrell’s Stonepeak is within inches of buying radiology giant I-MED for nearly $3 billion from London’s Permira. But there’s another smaller, yet not insignificant, deal playing out behind closed doors. The last deal in the sector, Healius’s sale of Lumus Imaging to Affinity Equity Partners, was done at 13-times EBITDA. Jessica ShaprioLoading... Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories.
HMC Capital sells Healthscope debt as forbearance vote 2.0 drags

4 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Sarah Thompson, Kanika Sood and Emma RapaportMay 11, 2025 – 4.38pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? David Di Pilla’s HMC Capital snuck out of Healthscope’s circa $1.6 billion debt stack on Friday evening, in what appears to be the final nail in the coffin for its much-publicised bid to acquire the flailing private hospitals giant.
Potentia Capital orders adviser beauty parade at Soprano Design

4 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Potentia Capital is on the move at Soprano Design two years after it snapped up a 25 per cent stake in the enterprise-level mobile messaging technology company, which makes around $40 million at the earnings line. Street Talk understands the $1 billion mid-market technology private equity firm has run a beauty parade and has resolved to hand investment bank Barrenjoey an advisory mandate. A formal sale process for its stake is the obvious next step. Loading...
Mystery buyer of Webjet’s 5pc stake unveiled

6 days ago | afr.com | Sarah Thompson |Kanika Sood |Emma Rapaport

Melbourne buyout firm BGH Capital is believed to be the buyer of a 5 per cent stake in Webjet Group, the online travel booking website capitalised at $314 million on the ASX. As first reported by Street Talk, fund managers were being approached by Macquarie Capital after-market on Thursday, offering 80¢ per share – or a 37.3 per cent premium to the close – to get its hands on the block of Webjet stock. Loading...