Brierley survives vote backlash
ONE-TIME corporate raider and maverick Ron Brierley nearly found himself tipped off the board of his favourite company, Guinness Peat Group, at its annual meeting in Auckland yesterday.Sir Ron, who…
Weiss exits Guinness Peat but stays on at Coats
One of Australias most enduring business partnerships ended yesterday when Gary Weiss announced he was resigning as a director of investment group Guinness Peat.Dr Weiss, whose trademark Afro
GPG mutiny an endless soap opera
The investors are still waiting for the promised "release of valueand their cheques. If youre wondering why theres been so much animosity between some shareholders and the board at Guinness…
Lenders take charge of Alinta
Shareholders in beleaguered utility Alinta Energy have finally handed the indebted company over to the lenders, retrieving just 10c in the dollar after almost three years of protracted negotiations.
Labor woes weigh on Bockers ASX bid
MAGNUS Bocker would no doubt have an eye on the Labor governments travails as he prepares to submit an application to the Foreign Investment Review Board seeking approval for Singapore…
AMP soars but saga heads to court
SHARES in AMP enjoyed their biggest one-day rise this year to close at a four- month high as investors applauded its GIO wrap-up and shrugged off the threat of more…
GIOs dispirited army surrenders
DISPIRITED GIO shareholders yesterday surrendered the detritus of one of the touchstones of the popular capitalism movement to AMP after 18 months of bitter fighting and shock losses.
GIOs great gamble
Shareholders of the troubled insurer must decide if its time to go it alone.
Simply GIO small holders left in lurch
To put it in terms that even the Australian Shareholders Association can understand, if AMPs bid to takeout the GIO minorities was by way of a takeover offer rather than…
No room for oversimplification in scheme of things at GIO
BRYAN Frith seems to be carrying on a vendetta against the GIO Scheme of Arrangement. In his latest article in The Weekend Australian, he appears to be attributing to the…