CONSTRUCTION giant Multiplex received a request from a potential predator to commence takeover discussions, sending its shares soaring more than 17 per cent.
Alinta has revealed that its chief executive officer, Bob Browning, is stepping down from the top job amid growing criticism of a conflict of interest in the wake of a management buy-out proposal.
The market may be getting the jitters over commodity prices but there are still a host of resources-related floats seeking to make the most of the buoyant capital markets.
Queensland-based Platina Resources Ltd has signed a joint venture agreement to search for platinum group metals at the Polar Bear Project, near Norseman, spending $1.3 million over 3 years to earn a 70 per cent interest in the project.
Leederville-based mining company Fox Resources Ltd has acquired a processing plant and tailings project from Sydney-based Swiss company MKS Capital Ltd for $500,000.
Perth-based junior oil and gas explorer and producer Burleson Energy Ltd has a lodged a prospectus for its $4 million initial public offering to fund its share of a proposed two well drilling program in Texas and the acquisition of additional leases.
Together with joint venture partner Genesee & Wyoming of the United States have agreed to sell the Australian Railroad Group to Babcock & Brown Ltd and Queensland Rail for $1.3B.
Shares in BankWest, the Perth-based regional bank which was bought by Bank of Scotland for $A900 million last year, made a strong debut on the Australian stock market, going to an immediate 22 per cen
Perth-based biotech company Regenera Ltd has changed its name to Advanced Ocular Systems Ltd following its merger with US based refractive devices company Advanced Ocular Systems, Inc. on 30 December 2005.
RETICULATION and water management company Total Eden is planning a big expansion into the eastern states after AMP Capital Investors injected up to $20 million into the group, giving it a 65 per cent
PERTH’S biggest market research and marketing agency, Market Equity, has been bought by Synovate, a subsidiary of London-based Aegis Group plc, for a reported $28 million.Market Equity was established
The creators of Student Edge, a discount card for Perth’s school and university students, hope a meeting with a youth media marketing company in Sydney this week may lead to a national sales deal wort
Perth-based injury management consultant Workfocus has prepared a small war chest and is eyeing off expansion opportunities nationally and overseas.Workfocus CEO Rob Gordon said the unlisted public co
PERTH investor Barry Patterson looks set to make a clean and profitable exit from his rescue of office supplies company National 1 after French firm Lyreco announced a 14-cents-per-share takeover bid.
DATA communications and Internet provider Swiftel Limited has announced its intention to merge with privately owned voice services company, people telecom, in a scrip deal worth an estimated $50 million.
LISTED property developer Multiplex has entered into discussions with the East Perth Redevelopment Authority over its ambitious $50 million plus redevelopment proposal for the defunct Perth Entertainment Centre.
PERTH transport company Mitchell Corporation is poised for further expansion after securing a $10 million investment from AMP.Mitchell has achieved rapid growth since establishing its bulk logistics b
