Dec 10, 2024 · The receivers to fashion retailer Mosaic Brands (ASX: MOZ) will close 160 stores across the group by mid-January putting the company’s iconic brands comprising Katies, Millers, Rivers and Noni B all in the firing line.

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Aug 19, 2024 · The merger, the latest in a raft of consolidations for the Australian banking sector, is expected to be earnings accretive for the group from FY26 after a challenging year for MyState Bank’s owner, the diversified financial services group MyState Ltd (ASX: MYS), which posted an 8.3 per cent fall in net profit after tax to $35.3 million in FY24.

Dec 24, 2024 · Brennan's offer at $0.14 per share values the business at $22.8 million, up from an $18 million bid lobbed by 5GN Networks late last week - a move that coincided with the initial suitor acquiring a 10.74 per cent stake in AUCyber from institutional investors.

Dec 2, 2024 · Telstra Group (ASX: TLS) has acquired prepaid mobile services provider Boost Mobile in a deal that is understood to value the business at close to $100 million.

Nov 21, 2024 · Zero-waste recycling group Close the Loop (ASX: CLG) has announced an exit of senior leaders from the board in the wake of a $143.6 million takeover bid from Adamantem Capital.

Sep 23, 2024 · The appointment comes a little over two weeks after Canada’s Saputo Inc announced it is closing King Island Dairy, ending 123 years of history for that famous brand.. Beston, which produces a range of dairy products under various brands such as Edwards Crossing and Mable's, announced to the ASX today the appointment of KPMG Australia’s Tim Mableson, James Dampney, Gayle Dickerson and David ...

May 16, 2024 · The latest round, led by led by new investor Spark Capital and supported by existing investors Dawn Capital, King River Capital and G Squared, brings the total capital raised by the company since inception to US$150 million ($223.6 million) - leading Bloomberg to declare it a unicorn in 2021 with a valuation of US$1 billion ($1.5 billion).

Dec 17, 2024 · Meta Platforms, Inc. has agreed to stump up a record $50 million for Facebook users in Australia who were impacted by the Cambridge Analytica scandal as part of an enforceable undertaking to settle civil action brought by the Australian Information Commissioner.

Nov 27, 2024 · The high-cost environment of food production has churned out another casualty as leading South Australian dairy producer Beston Global Food Company (ASX: BFC) is set to be be wound down, after voluntary administrators from KPMG failed to find a buyer for the business.