GPG lifts Ballarat Brew bid
SIR Ron Brierleys Guinness Peat Group has upped the stakes in the protracted takeover battle for pokie machine group Ballarat Brewing by lifting its offer a third time to trump…
Sir Ron set for return to exchange
After three years of self-enforced exile, Sir Ron Brierley is set to return to the lists of the Australian Stock Exchange with a company of his own. Sir Rons GPG…
Brierley raises FR285m for takeovers
Brierley Investments is looking for takeover targets in France. Last December the New Zealand run company raised $50m and according to the market earmarked the proceeds for French acquisition. The…
IEL launches two-pronged attack on W and J
Ron Brierleys Industrial Equity group has launched a two-pronged assault on Waugh and Josephson Holdings Ltd following an apparently defensive share placement.
IEL suddenly moves forward
Ron Brierleys Industrial Equity suddenly moved forward amid rumor that it was making plans to divorce itself from its NZ parentage by either a takeover of the NZ parent company,…
Pioneer Sugar seeks motive for IEL share raid
Pioneer Sugar Mills Ltd chairman Brian McCafferty yesterday called on Industrial Equity Ltd to clarify its Intentions towards his company.
Its all go in the takeover front
The industrial sharemarket struggled all last week against rising domestic interest rates and the uncertain foreign exchange market.
IEL matches Arnotts bid for Allied Mills
INDUSTRIAL Equity Ltd has matched Arnotts Ltds $3.25-a-share bid in the hard-fought takeover battle for Allied Mills Ltd. The higher IEL bid puts pressure on Arnotts to counter with a…
Arnotts 1 for 5 after $14.5m profit
Arnotts Ltd, is laying on a 1-for-5 bonus Issue a move widely viewed as defensive after regarding a 25.4per cent lift in profit- from $1.xx million to $14.56 million for…
IEL offer unworkable
INDUSTRIAL Equity Ltd's offer to underwrite the $2.5 million owed in back-rent to trusts under the Telford umbrella in return for leaseholds was unworkable, a Telford spokesman said yesterday.