The private investors in sandalwood business Santanol Group, led by Tony Jack and Bob Bunning, have gained backing from litigation funder IMF Bentham for their fight against private equity group KKR.
A group of Western Australian investors has started legal action against US-based KKR, calling on the private equity giant to buy them out of Indian sandalwood producer Santanol Group at fair value or else have the business wound-up.
The development of the Ord River region in the state's far north will be significantly affected by the tender process for 5,000 hectares of land released by the state government last week.
Twenty years after Wesfarmers bought Bunnings in a contentious takeover, we reflect on the family that started one of Australia's biggest retail successes.
Tony Jack's bid to take control of Great Southern's timber schemes has caught the attention of the corporate regulator after projections contained in its proposal were deemed inappropriate.
Local forestry veteran Tony Jack has accused receiver McGrathNicol of using his bid for the collapsed Great Southern timber schemes to find a better deal for the bank creditors at the expense of out-of-pocket investors.
WA PLANTATION manager Integrated Tree Cropping claims to have been the first to get its prospectuses through under the Australian Securities and Investments Commision's new guidelines.
