Profits surge for IEL
Industrial Equity Ltd has reported an 87 per cent rise in December half net earnings to $15.36 million from the previous December halfs net profit of $8,210,000.IEL broke its long…
Cascade wins beer war
THE Industrial Equity Ltd-controlled Cascade Brewery Co Ltd yesterday crushed its interstate opposition in the beer market by grabbing control of the Tasmanian Four Seasons accommodation chain.
IEL wins the takeover title in this seasons big league
INDUSTRIAL EQUITY LTDS decision to take control of the Tasmanian hotel chain, Four Seasons Ltd, was a gentle reminder that if you want to play in the big league, make…
Lloyds International advisers on IEL bid
SYDNEY Directors of troubled building industry supplier Acrow Australia Ltd have appointed Lloyds International Ltd to advise Acrow on a takeover offer tor the company by Industrial Equity Ltd.
IEL moves quietly on to 1985 takeover trail with bid for 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 launch on the 1985 corporate acquisition trail.
Takeover jitters at Allied Mills
Nervousness about a possible takeover bid came to the surface at Allied Mills Ltds annual general meeting yesterday at which a group of dissident shareholders tried unsuccessfully to oust the…
IEL reassures Cascade staff
Cascade Brewery employees had nothing to fear from the recent takeover of the company by Industrial Equity Ltd, lELs general manager, Mr W. Loewenthal, said yesterday.
IEL takes low-key board role
Only two executives of Industrial Equity Ltd were yesterday appointed to the board of.the Cascade Brewery Co Ltd, in a move which ended speculation about total IEL dominance of the…
Flashpoint in takeover war
The Cascade takeover reached a flashpoint yesterday when the National Companies and Securities Commission refused to allow the Seppelt-CC Bottlers consortium the right to conditionally vary its takeover offer to…
IEL considers move over sale of Cascade shares
Industrial Equity Ltd yesterday said it was considering the option of taking legal action after the National Companies and Securities Commission last month ruled Potter Partners engaged in unacceptable conduct…