Business

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

Bellamy's Australia shares slumped this morning after the confirmation of a class action litigation.

Bellamy's Chinese burn causes more financial pain

The saga of Bellamy's demonstrates just how rapidly a company can move from being a sharemarket darling with seemingly limitless growth prospects to a sharemarket pariah with a questionable business model.

Under the new offer, Tatts would get split, giving shareholders cash for the valuable lotteries business and onselling ...

The $7 billion corporate battle for Tatts

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.