Acquisition activity in the state’s geoanalytical testing industry is continuing, with Balcatta-based metallurgical testing firm Ammtec Ltd acquiring engineering group MARC Environmental Solutions for $12 million.
The flood of initial public offers on the Australian bourse of recent times may be reduced to a trickle in the first half of 2008, as investors and company vendors seek clarity on the direction of equities markets, interest rates and the US economy.
The booming advisory market in Perth is creating some musical chairs among the key players, with corporate lawyer Justin Mannolini heading to Gresham Advisory Partners Ltd, prompting Freehills to fill the vacancy by appointing a new partner, Simon Reed.
Malaga-based scaffolding and form-work supplier PCH Group Ltd is awaiting legal advice after UK-based Cape plc announced its intention to launch a $233 million offer despite having a standstill agreement with PCH.
The battle for control of scaffolding supplier PCH Group Ltd has turned hostile, with UK company Cape plc announcing its intention to launch a $233 million offer despite having a standstill agreement with PCH.
West Perth-based coal seam gas developer Greenpower Energy Ltd will aim to raise up to $10 million to acquire and develop a suite of tenements across Australia in its inital public offer, the company has announced.
East coast wine player McWilliam's Wines Pty Ltd has entered into an agreement with the receivers of Evans & Tate Ltd for the Australian distribution of the E&T, Gnangara, X&Y and Oakridge wine ranges from September 1.