Business
Retail Food Group has bought Beefy’s Pies for $10 million with expectations of $18 million in revenue to flow into the Sunshine Coast-based bakery business in 2024.
Business
In October, Shunkang Holding Group came knocking on the door of Brisbane’s Armour Energy looking for a deal to buy the company. A month later, Armour assets are being sold off and receivers, managers and adminstrators have been appointed.
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Suncorp has revealed it went through a tough September quarter with its home lending portfolio falling by $64 million as business and agribusiness loans also fell away.
The year of reckoning for corporate boards has continued with Star Entertainment facing the wrath of its shareholders with claims it had destroyed the company’s market value and would have been bankrupt had it not carried out a capital raising worth more than $1.5 billion.
Corporate Travel Management has announced a $100 million buyback of its shares.
Activist hedge fund Starboard Value is building a stake in News Corp with expectations that it would force change at the global media company.
Business
Business
Business
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