Business

CBD

ASIC boss flying high in final year

After Easter, Greg Medcraft's itinerary will include Washington for IMF-World Bank meetings, followed by a fin tech ...

It seems like a long time since CBD last saw a travel itinerary - and costings - for the overseas adventures of our top corporate cop, Greg Medcraft.

A new jackpot on the way for Len Ainsworth?

Illustration John Shakespeare

It didn't make much of a splash, but one of Len Ainsworth's offspring, Paul Ainsworth, sold some shares in Aristocrat Leisure late last week to take his stake below the substantial shareholder threshold.

Sir Ron Brierley still walks the takeover path

Illustration: John Shakespeare

Proving he can walk and chew gum at the same time, Sir Ron Brierley's current plaything Mercantile Investment has two takeover bids on the go as it continues to try to hoover up market minnows, writes Carolyn Cummins.

High times: King of Cannabis lights up pot stock

Marijuana

The combination of cash and Cannabis has proved a heady mix for the stock market recently. But nothing prepared the market for the astounding reaction to Tuesday's news that the "King of Cannabis" Nevil Schoenmakers is acting as a strategic advisor to another dope hope, the ASX-listed Singaporean biotech Stemcell United Ltd.

Macquarie sells out of deal that saw it dubbed the Vampire Kangaroo

KANGAROO . 011005 AFR PICTURE BY PHIL CARRICK GENERIC: WILDLIFE, ANIMAL, ENVIRONMENT, NATURE, OUTBACK, HUNTING, ****AFR ...

Nic Moore's Macquarie Group has sold its final stake in Thames Water for up to £1.5 billion, according to UK reports. It ends an 11 year association with the utility that endeared it to the Brits so much it was labelled the "vampire kangaroo" by Rupert Murdoch's paper, The Sunday Times, for its ruthless focus on profits and tax minimisation.

Executive Style

Small Business