BREAKFAST DEALS: Dulux paint ball

Dulux and Alesco fire at each other via the Takeovers Panel, while Goodman Group spends big on Chinese expansion.

The Takeovers Panel hasn’t yet given us definitive word on whether it will give a ruling on the Alesco Corporation-DuluxGroup fiasco. It would really help, but the two companies have done enough to ensure no one else goes down this road. Meanwhile, Goodman Group is still benefiting from the rise of China with a logistics deal, as Fortescue Metals Group tries to restore belief in Beijing’s demand for iron ore. Elsewhere, GrainCorp has got its institutional offer away with just a small shortfall, while Telstra has done its dash with the TradingPost.

Alesco Corporation, DuluxGroup

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