Attempts to scupper $6.3b Tatts takeover bid vintage Macquarie
The move take a position and get a slice of the spoils in the carve-up of the Tatts Group is vintage Macquarie Group.
Elizabeth Knight comments on companies, markets and the economy.
The move take a position and get a slice of the spoils in the carve-up of the Tatts Group is vintage Macquarie Group.
A new bid from financial players including Macquarie and US-based private equiteers KKR for lotteries and gaming group Tatts could scupper Tabcorp's takeover ambitions.
Fairfax is calling it dirty. At the very least it's intriguing.
To the extent that the soon-to-be-departing head of Bunnings John Gillam made a mistake, it was to turn down an approach to become chief executive at Woolworths.
Investors responded positively to Origin Energy's decision to spin off its portfolio of conventional oil and gas assets, pushing the company's share price by 2.49 per cent on Tuesday to $6.58.
Australian banks are drawing a line in the sand. Interest rates on mortgages are going up – by stealth. And there will be flow on effect to the residential property market and temper the rate of growth in Sydney and Melbourne.
Sitting at home watching Netflix or playing on home electronic gadgets, eating delivered takeout food, and getting fatter? You're not alone.
Even if you know nothing about taxation, happy multinationals are usually a fool-proof measure that can be employed to determine if a tax is raising the appropriate amount of revenue.
The scorecard has been released for the annual ratings battle, and there are no real winners.
Ever stayed in a hotel, used a furniture removalist or bought a kitchen appliance after reading positive online reviews and felt like a victim of bait and switch?
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