Jake Mitchell
The Australian
Sydney, NSW, Australia
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Past articles by Jake:
Fairfax Media to slash 120 editorial jobs across Sydney, Melbourne
Fairfax Media journalists have voted to strike until Monday, after the company told staff it was planning to slash 120 editorial jobs across its Sydney and Melbourne newsrooms. → Read More
Matt Stanton quits Woolworths
Woolworths’ chief transformation officer and former Bauer Media Group chief executive Matthew Stanton has resigned from the supermarket giant. → Read More
Anchorage Capital buys Shoes & Sox for $20 million
Four months after snaffling Pacific Brands’ Brand Collective, Phil Cave’s Anchorage Capital Partners is acquiring children’s footwear retailer Shoes & Sox for about $20 million, sources said on Thursday. It’s understood the owners and management of Shoes & Sox will remain with the business. → Read More
Sportingbet's Michael Sullivan seeking capital for new betting venture
A presentation to investors seen by Street Talk reveals that Michael Sullivan, along with key players with whom he built up online-only bookmaker Sportingbet, are trying to raise $35 million to kick-start their new venture GoBet in time for the 2015 Spring Racing Carnival. → Read More
JC Flowers joins Macquarie, Pepper for GE Capital unit
JC Flowers, the private equity giant run by former Westpac Banking Corp boss David Morgan, is a late entrant into GE Capital's consumer finance auction. → Read More
Malcolm Turnbull scores a free feed at Credit Suisse
It's not every day the Communications Minister turns up for lunch at a big investment bank. → Read More
Chan to Allier Capital; Freeman heads to Macquarie
The post-bonus season senior moves continue apace with middle-market boutique advisory firm Allier Capital nabbing Citigroup’s Sidney Chan as a managing director. → Read More
Earl Evans hired as Shaw Stockbroking private wealth head
Earl Evans, the former chief executive officer of Macquarie Private Wealth, has been hired as head of Shaw Stockbroking's private wealth division, sources told Street Talk on Sunday night. → Read More
CIMB’s Crowley joins Luminis as senior adviser
Former CIMB Australia chairman Mike Crowley is joining new boutique Luminis Partners as a senior adviser, sources said on Friday. → Read More
Barrick auction glitters, as services tender gets Sirius
The potential $1 billion auction of Barrick Gold's Cowal mine in NSW and a stake in a Papua New Guinea mine is heating up, with expressions of interest rolling in and large international players likely to be involved. → Read More
Brokers haven't given up on $3.9b Woodside block
The sharemarket is retreating off a seven-year high, most companies have just reported, and equities desks are hungry for market share and league table credit before the end of the March quarter. → Read More
Sunsuper puts $200m private equity book on the block
Thirty billion-dollar superannuation fund manager Sunsuper is selling a $200 million private equity portfolio, including exposures to Australian mid-market manager Archer Capital and funds in the US. → Read More
Christian Nicks in Reunion for M&A boutique
Former Investec head Christian Nicks is expected to name his new mergers & acquisitions advisory boutique “Valkyrie” after registering the name with regulators. → Read More
Ex-Investec banker Christian Nicks to set up boutique business
Plenty of people were tipping former Investec and Goldman Sachs banker Christian Nicks to pop up at James McMurdo's Deutsche Bank. But it’s understood he’s done with bulge-bracket banks → Read More
Cromwell Property Group wades into Investa auction
It is only two weeks since Morgan Stanley kicked off its long expected exit from the $9 billion Investa Property Group but the US giant has already fielded interest from more than 15 tier one investors. → Read More
KKR puts foot on the gas; OICS on the block
Private equity giant KKR is running the ruler over several mid-tier Cooper Basin-focused energy companies as share prices across the sector suffer from plunging oil prices. → Read More
SunRice to unveil much-anticipated capital review
It has taken nearly three years of navel gazing but finally SunRice, the nation’s last export monopoly, is taking covers off its capital structure review. → Read More
Myer CFO Mark Ashby jumps ship to EZCorp
Mark Ashby, former chief financial officer of Myer Holdings, has been confirmed as CFO at NASDAQ-listed payday lender EZCorp, as exclusively revealed by afr.com on Monday morning. → Read More
WAM Capital kicks off $100m placement
WAM Capital is in the throes of a placement to raise $100 million, priced at $1.90 per share. → Read More
Pherous sells down Corporate Travel stake
Corporate Travel Management chief executive Jamie Pherous is selling 2 million shares in the company, while another senior executive is selling 1 million shares in a potential $35 million trade being handled by Morgans, sources said. → Read More