Business
Stokes’ stalking and capturing of Boral a clear case of legal theft – Sydney Morning Herald
Among myriad deals done by Kerry Stokes and more recently alongside his son Ryan, the takeover of Boral stands above the rest….
But it achieved this outcome by spending shareholders money to buy back stock at high prices – effectively mounting its own bidding duel with Seven.
It was a battle it was never going to be able to win. It was outmanoeuvred by Stokes and his advisers, Barrenjoey.
…
-
General19 hours agoRSL NSW president Mick Bainbridge and three board members resign in wake of 7.30 investigation into conflicts of interest
-
General23 hours agoSelf-taught child drummer makes rock band debut with The Living End
-
Noosa News18 hours agoNorman Dean Lake refused bail for allegedly threatening to kill Prime Minister Anthony Albanese
-
Noosa News23 hours agoOne Nation leader Pauline Hanson calls out supermarket giants for ‘fleecing’ customers with ‘flimsy’ paper bags