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| | | The Australian Leisure and Hospitality Group said today a takeover bid by a joint venture between Woolworths and The Bruce Mathieson Group, called Bruandwo, is opportunistic and grossly inadequate. Last week, Bruandwo Pty announced its intention to ... |
| | | | Supermarket giant Woolworths\' potential joint acquisition of Australia\'s biggest pubs operator, Australian Hospitality & Leisure Group (ALH), could put pressure on its credit rating. Rating agency Standard & Poor\'s (S&P) said on Tuesday it would ... |
| | | | News Corp and Lend Lease have exited their stakes in the Fox Entertainment Precinct in Sydney's Moore Park, selling the shopping and leisure complex to two funds under the management of Colonial First State. CFS Gandel Retail Trust (GAN) and Direct ... |
| | | | Lend Lease on Tuesday announced a 10-year plan to develop a $1 billion residential and entertainment precinct in Queensland's Surfers Paradise, in conjunction with Japanese apartment builder Daikyo. Daikyo Australia, a branch of Japan's largest condominium ... |
| | | | Queensland-based diversified financial services group MFS has taken over ownership of Victorian ski resorts Falls Creek and Mt Hotham. The acquisition includes the Falls Creek and Mt Hotham ski businesses, Mt Hotham Airport, Dinner Plain development ... |
| | | | Shares in poker machine maker Aristocrat Leisure rocketed more than 12% higher in early trade after providing guidance for the first half. Aristocrat - which had previously provided no outlook for the first half - today said it expected a net profit ... |
| | | | The Australian market is expected to open weaker following losses in the US as interest rate fears, sparked by lower than expected jobless figures and high oil prices, hit the markets. The Australian stock market finished in the red yesterday, with ... |
| | | | Standard & Poor's said today that Leighton Holdings results for the nine months to March 31, 2004, were disappointing, but can be accommodated within the BBB-plus corporate credit rating. Leighton reported a profit after tax of $77 million (unaudited) ... |
| | | | Deep discount store The Reject Shop today joined the rush to list on the Australian Stock Exchange and will raise $44.1 million in an initial public offering with shares at $2 each. But Reject Shop chief executive Barry Saunders made the point yesterday ... |
| | | | Macquarie Bank Ltd has appointed the head of the Independent Pricing Tribunal (IPART), Dr Tom Parry, to spearhead its new community partnerships funds management business. Macquarie said yesterday the initiative would provide investment vehicles through ... |
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