20/06/2008 - 06:49

Today's Business Headlines

20/06/2008 - 06:49

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B&B Power scraps payout; Critic walks and leader is thrown out; 'Different' Ivanhoe seeks $125m with new metals float; Rampant Incitec hits $200; Deal maker Newman sails back with Argonaut

Today's Business Headlines

B&B Power scraps payout
Alinta shareholders who took up scrip in Babcock & Brown's funds under last year's takeover of the WA utility have been dealt another blow with the beleaguered investment group's power arm scrapping its promised second-half dividend. The West

Critic walks and leader is thrown out
The decline of the West Australian Liberal party continues with former opposition leader Paul Omodei quitting the party while current leader Troy Buswell was thrown out of parliament. The Fin Review

'Different' Ivanhoe seeks $125m with new metals float
Billionaire mining entrepreneur Robert Friedland is seeking $125 million from a float of the Queensland copper gold and uranium exploration interests of his Canadian-listed Ivanhoe Mines. The West

Rampant Incitec hits $200
Shares in Incited Pivot yeserday became the first to break through $200 on the Australian Securities Exchange as the company continued to revel in soaring fertiliser prices. The West

Deal maker Newman sails back with Argonaut
Alan Newman, widely regarded as one of WA's most astute deal makers, has made a comeback to Perth's corporate scene after taking on part-time consultancy with Argonaut, the investmet bank set up by Charles Fear and Eddie Rigg. The West

 

THE WEST AUSTRALIAN

Business: Alinta shareholders who took up scrip in Babcock & Brown's funds under last year's takeover of the WA utility have been dealt another blow with the beleaguered investment group's power arm scrapping its promised second-half dividend.

Billionaire mining entrepreneur Robert Friedland is seeking $125 million from a float of the Queensland copper gold and uranium exploration interests of his Canadian-listed Ivanhoe Mines.

Shares in Incited Pivot yeserday became the first to break through $200 on the Australian Securities Exchange as the company continued to revel in soaring fertiliser prices.

Alan Newman, widely regarded as one of WA's most astute deal makers, has made a comeback to Perth's corporate scene after taking on part-time consultancy with Argonaut, the investmet bank set up by Charles Fear and Eddie Rigg.


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