UPDATE: Bingo suitors likely to face ACCC

CPE Capital consortium, which has made a $3.50 per share cash buyout proposal for Bingo and includes a Macquarie infrastructure fund, Macquarie Infrastructure and Real Assets, is likely to face scrutiny from the Australian Competition and Consumer Commission (ACCC) which is likely to insist on small divestments should the bid succeed.

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$30 million boost for SA recycling industry

South Australia’s recycling industry will receive a $30 million boost with the Federal and State Governments signing up to a National Partnership on Recycling Infrastructure. The partnership is the result of the $190 million Recycling Modernisation Fund (RMF) which will generate more than $600 million in infrastructure investment for Australia’s waste management and resource recovery sector.

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