Altair boss in dispute over mother's shares
The fund manager is embroiled in a dispute surrounding his mother's share portfolio.
Vesna covers markets from our Sydney newsroom.
The fund manager is embroiled in a dispute surrounding his mother's share portfolio.
On Friday, Sandon took the first step to calling an EGM to change the company's constitution. By Tuesday there was a new CFO at Fleetwood.
Soul Patts is arguing in its defence of an oppression claim that family ties are irrelevant, and the majority of directors are unrelated to the Millners.
The hedge fund agitating for a shake-up at BHP Billiton years ago considered an activist play targeting the cross-shareholding between Soul Patts and Brickworks.
"The thicker the office carpet, the thinner the dividend," Jim Millner was known for saying. That structure still exists today between Soul Patts and Brickworks.
On the fourth day in court, ex-fund manager Martin Duncan gave expert testimony in the Perpetual, Soul Patts and Brickworks case.
Matt Williams was cross examined in court on the third day of the Perpetual, Washington H. Soul Pattinson and Brickworks case.
Soul Patts director Warwick Negus told chairman Robert Millner that Matt Williams was "flogging a dead horse" with his strategy to unlock va...
The besieged sandalwood grower has requested an extension of its suspension from trading on the ASX.
The Millner family regards Brickworks and Washington H. Soul Pattinson as family companies and their cross shareholdings amount to "ghost eq...
Potential class actions against the company are zeroing in on continuous disclosure obligations.
Quintis has sought a suspension from trading until May 24, and Slater & Gordon is considering whether mounting a class action is viable.
The best stock ideas at the Future Generation investment forum in Sydney on Tuesday were value oriented.
The founder of the former TFS would, it appears, not trigger a change of control event if he takes over the company.
The fund manager doesn't like the way banks pay their executives but nor does he support the $6.2 billion bank tax.
Wednesday's Westpac-MI consumer sentiment reading will be the first since the federal budget was handed down.
Ratings agencies Moody's and S&P; downgraded the company's bonds and a potential class action is being investigated.
Long-time supporter Canaccord dropped research coverage citing an "apparent lack of transparency".
Australian growth is headed to 3 per cent in 2018-19 if you believe the budget papers and unemployment will be lower than it is today.
Quintis says that its board and management were not aware that Galderma had quit a key supply deal with the company.
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