Coats stay on
Guinness Peat Group has hired a London-based brokerage firm to promote Coats as a stand-alone business and is searching for a chairman for what will be its remaining asset. GPG is exiting its investments, apart from Coats.
ABC liquidator boost
Liquidators of ABC Learning can proceed with legal action to recover $244 million from a bank syndicate after Justice Peter Jacobson of the Federal Court in NSW found there was no conflict of interest in IMF Australia funding both the liquidators' action and a potential class action.
InvestSMART FORUM: Come and meet the team
We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.
Want access to our latest research and new buy ideas?
Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.Sign up for free