Packer-backed investment company buys into The Star
Ellerston Capital, the investment company in which Packer retains a 25 per cent stake, has emerged with more than 5 per cent of Star.
Elizabeth Knight comments on companies, markets and the economy.
Ellerston Capital, the investment company in which Packer retains a 25 per cent stake, has emerged with more than 5 per cent of Star.
Sitting still is not something James Packer does well. He is both aggressive and entrepreneurial and it is hard to imagine he isn't looking for his next deal.
What did the private equity groups see that sent them heading for the hills?
Those who think corporate culture is just a soft issue should take a close look at Uber.
Only a few weeks back the Queen bestowed upon Frank Lowy a knighthood.
Meet Australia's most important woman - Christine Holgate. She has been chosen to head one of Australia's oldest, most financially and structurally challenged, politically fraught and controversial organisations, Australia Post.
There is a hidden and worrying risk lurking for a particular set of mortgage borrowers, whose level of financial stress is about to get a whole lot worse.
In the wake of yet another Rio Tinto director resignation under a scandal-heavy cloud it's only fair to ponder whether this company is accident-prone, unlucky or if there is a bigger underlying governance malfunction behind its series of poor director and senior management choices.
Tabcorp's $11 billion punt has hit the jackpot. It was both a high stakes and risky gamble.
It appears media players are attempting to make a pre-emptive strike and pick off some of Fairfax Media's non-core assets in the weeks before the main game of selling the whole company moves into full swing.
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