Seven West Media has completed its takeover of National Hire Group, after Tasmanian Caterpillar dealer Dale Elphinstone relinquished his 21.9 per cent stake in the company for around $122 million.
Seven Group Holdings has upped its takeover bid for National Hire Group, after its initial offer of $3.00 per share was rejected by the target’s major shareholder, Tasmania-based Caterpillar dealer Da
Coote Industrial has posted a $124.6 million net loss after tax for the 2010 financial year, after incurring $118.9 million worth of impairments, writedowns and losses on the sale of assets.
Dale Elphinstone has taken over as chairman of Coote Industrial after his Tasmanian company Elph effectively took control of Coote.
MADDINGTON-BASED Coote Industrial and associated company Greentrains have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.
Maddington company Coote Industrial Ltd and associated company Greentrains Ltd have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.
© Business News 2018. You may share content using the tools provided but do not copy and redistribute.