Breakfast Deals: FKP's candid confession

FKP Property Group is in damage control after an unfortunate YouTube gaffe, while Lowe's will back Masters for another year.

FKP Property boss Geoff Grady is cleaning up the mess by a YouTube video apparently revealing the end of the company’s demerger plans. "No, no, no – we’re not saying that just yet, people!" Meanwhile, it could be that Woolworths has a year to convince Lowe’s to stick with Masters before having to go it alone. The opposition is building against the bid for GrainCorp, Billabong is still surging despite some shenanigans from its lenders and APA Group boss Mike McCormack shares his pipeline dream.

FKP Property

FKP Property Group chief Geoff Grady has been forced firmly onto the back foot after a video reportedly emerged on YouTube appearing to indicate that the company was shelving its retirement demerger plans.

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