Patersons Faces $83 Million Cash Takeover Bid
Australian furniture group Patersons reports a $83 million cash offer for all issued capital from a rival bidder. Directors say they cannot yet recommend the bid while monitoring further developments. The move follows prior takeover interest and signals a potential shift in control of the company.
MENTIONED IN THIS ARTICLE
Patsroone
Fea
Laversal
SAAS
Eastealian Securities Ltd
Great Universal
Easiraians
Insquish
Mups
Bassin
Saluanian
Waltons profits swing as tax changes hit margins
British retailer Waltons reports a 177 percent drop in post tax profits after Anthony Hordern takeover costs and tax changes. Meanwhile sales and equity gains rise, with a 221 percent jump in profits for the period, aided by Miller Anderson and FNCB financing. The firm notes increased insurance profits and new outlet contributions.
MENTIONED IN THIS ARTICLE
Anthony Hordern
Tay Lowes
Waltes
FNCB
Waltons Corporanin
Imeim
Stones
Wallon
Tor
Wal
Crestknit to issue ordinary shares at premium in Melbourne
Crestknit Industries Ltd, a Melbourne knitwear group, plans a new issue of ordinary shares at a premium. Interim dividend boosted to 19 percent, payable April 3. Shares sold in the latest period rose 234 percent as of the report.
MENTIONED IN THIS ARTICLE
Crestknit Industries Ltd
Knitwear Group
Dicesiory
Yes
Mumine
Tom S
Sara
Athe
Iime
Profitability after losses Jeans Company Les Sevance
Net profit for the year ended November 30 1971 was 297000 versus a loss of 194980 in 1970. The brief note references profitability after losses and cites a three-figure loss context and comparatives for the year ended November 30 1971.
MENTIONED IN THIS ARTICLE
Les Sevance
Colonial Gas profits lift interim dividend amid lower rates
The report shows Colonial Gas lifting interim dividend by 104 percent for the half year to December 31, with profit after tax rising from 888,000 to 487,000. shares registered for the dividend on March 29. The period notes development plans and higher sales, including depots and new outlets, with improved year rate projections.
MENTIONED IN THIS ARTICLE
Shax
SBC
Tooheys boosts dividend amid record profits and growth
Tooheys announces an eighth consecutive dividend increase after a strong half year to January. Net profit rose to $37 million with earnings up about 24 percent, while turnover expanded and profit margins improved. Directors caution high payouts may not recur in the full year.
MENTIONED IN THIS ARTICLE
Nsw
Tooheys Tidhay
Prom
Also Mentioned on This Page
Barrier ST
Fyshwick
West End
Queanbeyan
Usiness & Economics
Patersons Capital
Patersons
Australis
Britain
Waltons
Eclaies Yncundinond
Pebnayy
Walcome Hall
Wealoes
Fowevers
Fom
Alice Meressing
Prattie
Adelaide Retaler
Sir John Walton
Austin
Damon
Wellengorg St
Turover
Wvemeon
Drrectors
Sandler
Garema Place
Kingston
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