Archer Capital, a private equity firm, agreed to buy a controlling stake in the V8 Supercars Australia auto-racing championship in a transaction that values the series at about A$300 million ($316 million).
Macquarie Group Ltd. and Australia & New Zealand Banking Group Ltd. are among firms planning bids for about A$2 billion ($1.8 billion) of loans being sold by Investec Plc, said two people with knowledge of the matter.
Archer Capital is among a list of private equity and pension funds said to have expressed an interest in Pacific Equity Partners’ Hoyts cinema business, the Australian Financial Review reported in its Street Talk column, without saying where it got the information. Pacific Equity Partners has sent out confidentiality agreements for the sale of the A$500 million-plus business, without committing to a formal timetable, according to the report.
Trafigura Beheer BV agreed through its Puma Energy unit to acquire Australian petrol station owner Ausfuel from Archer Capital and other investors to become the nation’s largest independent fuel retailer.