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
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.
MADDINGTON-BASED Coote Industrial and associated company Greentrains have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.