Brierley in $27m Rothmans NZ plunge

SYDNEY Mr Ron Brierleys Brierley Investments Ltd has matched the stake held by Mr Allan Hawkins Rainbow Corporation Ltd in NZs Rothmans Industries Ltd with a $NZ32.9m ($A27m) share plunge…

Day of uncertainty for Gadsen board

Directors of Victorias J. Gadsden Australia packaging group face a day of uncertainty today, by the end of which they must respond to SA Brewing Holdings Part C on- market…

WMC buys North BHs Alcoa stake

Western Mining Corporation Holdings yesterday gave North Broken Hill Holdings' well-publicised asset sell-off a major boost, with the $125m acquisition of Norths 12 p.c. stake in Alcoa of Australia.

NCSC vesting order over Claremont Petroleum stake

The Brisbane Supreme Court was told yesterday the National Companies and Securities Commission would seek a permanent vesting order similar to the one made in the Industrial Equity Ltd- North…

IEL buys Simplicity stake

Industrial Equity Ltd has taken close to a 10 p.c. holding in Adelaide second board company Simplicity Funerals Ltd after heavy trading in the local stock during the past two…

Brierley link with Allied buyer

Mr Ron Brierleys Industrial Equity Ltd is linked via a 9.9 p.c. shareholding to the NZ-based Apex Group the company which this week was revealed as one of Allied Mills…

ODE says no to takeover

Directors of Oil Drilling and Exploration have advised shareholders not to accept Industrial Equitys bid for control of the company pending further advice from the board.The board, which has appointed…

IEL set to control Acrow

SYDNEY: A $1.75-a-share bid for all outstanding capital in little-sought-after Acrow Australia Ltd yesterday signalled takeover specialist Industrial Equity Ltds launching on the 1985 corporate-acquisition trail.

Dixon challenged at AM Annual meeting

The resignation of the chairman of Allied Mills, Mr J. E. M. Dixon, was demanded at the groups annual meeting in Sydney yesterday by a stockbroker who unsuccessfully sought answers…

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