ASX 200 Live: ASX to drop, $A plunges amid rethink on US interest rates
Shares follow New York lower. US dollar strengthens as bond yields fall. Pact Group shareholders urged to reject billionaire Geminder’s buyout plans.
Source: afr.com
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Divorcing the ASX can bring hidden payday as InvoCare, Healthia and Estia Health show
Unloved companies are disappearing from the ASX through private equity buyouts, privatisations and voluntary delistings.
Source: afr.com
Pact Group chairman launches takeover bid
The move comes only a month after Australia-based Pact sold 50 percent of its reusable plastic crate pooling business to global infrastructure investment manager Morrison & Co. Ltd.
Source: plasticsnews.com
Real-life succession manoeuvres as Raphael Geminder attempts to make Pact Group private at below current share price
Pact Group founder and chairman Raphael Geminder, who holds a just-over 50% stake in the company, is on a quest to delist it from the ASX. Geminder faces an...
Source: proactiveinvestors.com.au
ASX: Shares fell ahead of key CPI data, Viva Energy extends losses
Most ASX sectors fell but a small rally in energy heavyweights Santos and Woodside capped losses. Qantas slipped after a High Court rebuttal.
Source: afr.com