Coats helps Guinness stitch up $73.5m profit
RESULTS: Sir Ron Brierleys investment company Guinness Peat Group has reported a fullyear net profit of 46 million ($73.5m), a turnaround from the 36m loss the year before, with a…
Guinness Peat Group plans asset selldown
INVESTMENT: Guinness Peat Group is planning an initial capital return to shareholders of at least 75 million ($119m) this year, as it starts an orderly asset selldown.In a strategy to…
Sir Rons back to haunt the AMP
AMPS bid to mop up the minority shareholdings of GIO Australia is under threat of derailment from wily New Zealand corporate raider and strategist Ron Brierley.
Brierley-Rothschild take on Asia
TROUBLED investment group Brierley Investments is set to resume normal activities with a new focus on Asia after executive chairman Selwyn Cushing yesterday unveiled a $US1 billion ($1.53 billion) joint…
Guinness Peat tops up Ballarat bid
SIR Ron Brierleys Guinness Peat Group Plc yesterday added spice to the stagnating takeover battle for Ballarat Brewing Ltd, lifting its takeover offer by 9c to $2.54 a share.The revised…
Ampolex date set
AMPOLEX Ltds dispute with Sir Ron Bnerleys GPG Nominees Pty Ltd over the ratio value of its convertible notes will be heard in the NSW Supreme Court from September 18.NSW…
Brierley Disney buy amusement group
BURBANK (California): The Walt Disney Co and New Zealand partner Sir Ronald Brierley have completed the purchase of Wrather Corp, which owns the Disneyland Hotel and operates the Queen Mary…
Brierley issue savaged by crash
A RIGHTS issue launched by Sir Ronald Brierleys Brierley Investments Ltd (BIL) in early October has been savaged by the lingering effects of the sharemarket crash.
Brierley shuts up shop in Cleveland
MR Ron Brierleys Industrial Equity is poised to sell its Cleveland based retail store Higbees. The chairman, Mr Robert Broadbent, told Wall St Beat this week that he expects an…
IEL to acquire Woolies stake via note issue
Mr Ron Brierleys Industrial Equity Ltd (IEL) will issue $156 million worth of convertible notes to Brierley Investments Ltd (BIL) to acquire BILs 20 per cent stake in troubled retailer…