Good evening,
This next deal's a cracker.
Tonight, we reveal which premium foods business owned by private equity outfit CPE Capital is about to come up for sale. The company in question – which makes premium crackers, chilled-packaged seafood and sugar-free biscuits – is expected to notch $250 million revenue in the next 12 months and will be auctioned off to PE and trade buyers.
Meanwhile, four years after selling MLC Life to Nippon Life Insurance Company, National Australia Bank is back looking to offload another life insurance division. We've got the details.
Finally, Westpac waved goodbye to its investment in payments company Zip on Wednesday evening, and we've got the jump on the next IPO candidate about to land in front of funds.
Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd | 
