17/06/2008 - 06:45

Today's Business Headlines

17/06/2008 - 06:45

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Babcock chief strikes back with 'orderly' rescue plan; New look, big ad campaign under way to lift E&T wines; Employers win in IR overhaul; Macquarie Capital goes private; EPA gives Atlas project the go-ahead

Today's Business Headlines

Babcock chief strikes back with 'orderly' rescue plan
Babcock & Brown has vowed it will win back the confidence of its shell-shocked investors in a "decisive yet orderly manner", after outlining plans to sell its wind energy assets and appoint advisers to conduct a review of the myriad underperforming listed funds the group manages. The West

New look, big ad campaign under way to lift E&T wines
The Eastern states owner of Evans & Tate will replackage the brand's entire range of wines and launch a multi-million-dollar media advertising campaign in the second half of this year as it steps up plans to expand the Margaret River business. The West

Employers win in IR overhaul
Employers have won the ability to force senior staff and high-income earners to work overtime unconstrained by a new 38-hour maximum working week. The Fin Review

Macquarie Capital goes private
Macquarie Group and a syndicate of investors will spend $836 million to buy back the shares of listed private equity vehicle Macquarie Capital. The Australian

EPA gives Atlas project the go-ahead
Atlas Iron has hurdled another obstacle towards its bid to develop a 12 million-tonne-a-year iron ore business with the Environmental Protection Authority (EPA) yesterday recommending its Pardoo project for State Government approval. The West

 

THE WEST AUSTRALIAN

Business: Babcock & Brown has vowed it will win back the confidence of its shell-shocked investors in a "decisive yet orderly manner", after outlining plans to sell its wind energy assets and appoint advisers to conduct a reviewfo the myriad underperforming listed funds the group manages.

The Eastern states owner of Evans & Tate will replackage the brand's entire range of wines and launch amulti-million-dollar media advertising campaign in the second half of this year as it steps up plans to expand the Margaret River business.

Atlas Iron has hurdled another obstacle towards its bid to develop a 12 million-tonne-a-year iron ore business with the Environmental Prtection Authority (EPA) yesterday recommending its Pardoo project for State Government approval.

Roc Oil is seeking to buy Anzon Australia for about $545 million to double reserves and lift output 40 per cent amid record prices.


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