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It is a question that s probably been around for as long as houses have been built: which is more important, preserving and protecting green fields, trees and hedgerows, or providing new homes for people to live in?
360 Capital tests interest in E&P stake; readies sale
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360 Capital is preparing to sell its stake in ASX-listed stockbroker and wealth manager E&P Financial Group.
Street Talk understands that after an eventful 8½ months on E&Pâs share register â and following inbound approaches â 360 Capital has been testing strategic and public equities investorsâ appetite for its 20.2 per cent shareholding.
360 Capitalâs Tony Pitt. Â
Michel OâSullivan
Sources said 360 Capital was mulling over three offers and looking to sell in the coming days.
The groupâs expected to record a tidy profit.
It stormed on to E&Pâs share register (then called Evans Dixon) in August, when it acquired 43 million shares or 18.3 per cent of the company from co-founder Alan Dixon at 45¢ a share.
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