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Water fears split Outback town over drilling fix for gas crisis

Bloomberg In the tight-knit Outback town of Narrabri, the cold-shoulder treatment farmer Peter Gett has felt over the natural gas wells on his property has shown him that promoting Australia’s energy security comes at a cost. The fifth-generation wheat grower opened gates and cleared tracks to smooth a path for exploration of the gas reserves beneath his farm. Seven years ...

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Buyers line up as Europe’s biggest debt collector divests units

Bloomberg A long list of potential buyers has expressed interest in the Nordic and Baltic businesses that Intrum Justitia AB and Lindorff need to divest to proceed with their merger, according to Intrum’s chief executive officer. CEO Mikael Ericson says he is confident the two firms can sell Lindorff’s entire business in Denmark, Estonia, Finland and Sweden, as well as ...

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Delivery Hero seeks $4.9bn valuation as IPO price set

Bloomberg Delivery Hero AG plans an initial public offering valuing the company at as much as 4.39 billion euros ($4.9 billion) as the Rocket Internet SE-backed food-delivery startup seeks funds for growth. The company and current owners will sell as much as 996 million euros in stock for 22 euros to 25.50 euros apiece, according to a statement on Monday. ...

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