SPOTLESS REJECTS DOWNER'S 'HOSTILE' $1.2B BID AS IT PROMISES A STRATEGY RESET

SPOTLESS REJECTS DOWNER'S 'HOSTILE' $1.2B BID AS IT PROMISES A STRATEGY RESET

CLEANING and catering services company Spotless has rejected a $1.26 billion takeover bid from mining services firm Downer EDI, describing it as "hostile" and "highly conditional".

Spotless issued a statement to the ASX on Monday saying the $1.15 per share offer does not represent adequate value as it fails to reflect the ...

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EXCLUSIVE INTERVIEW: MEGAPORT CEO VINCENT ENGLISH ON GLOBAL EXPANSION AND HOW TO SCALE UP A BUSINESS

EXCLUSIVE INTERVIEW: MEGAPORT CEO VINCENT ENGLISH ON GLOBAL EXPANSION AND HOW TO SCALE UP A BUSINESS

THE RAPID expansion of Megaport (ASX: MP1) continues with the Brisbane-based company announcing a major partnership deal with US-based giant Oracle which will allow its customers to access its network across North America, Europe and Asia Pacific.

Through its collaboration with Oracle, Megaport customers will now be able to create a dedicated...

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DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S PIZZA EMPLOYEES OFFERED A SLICE OF THE PIE

DOMINO'S Pizza (ASX: DMP) has launched an employee share acquisition plan which will give its 26,000 staff the option of buying between $1,000 and $5,000 worth of shares per month with their pre-tax salary.

The share acquisition plan is voluntary for the 2017 and 2018 financial years and the purchases will be on market or the Brisban...

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WOOLWORTHS CLAIMS LEGAL VICTORY IN STOUSH WITH LOWE'S

WOOLWORTHS CLAIMS LEGAL VICTORY IN STOUSH WITH LOWE'S

SUPERMARKET giant Woolworths (ASX: WOW) has been given the go-ahead to sell its Masters property assets after winning a legal stoush with former US joint venture partner Lowe's.

Lowe's accused Woolworths last year of acting in bad faith after it offloaded 82 sites to Home Consortium for $750 million as part of its exit from the d...

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PRICELINE STORE ROLLOUT BOOSTS API'S FULL YEAR PROFIT FORECAST

PRICELINE STORE ROLLOUT BOOSTS API'S FULL YEAR PROFIT FORECAST

Australian Pharmaceutical Industries (ASX: API) has booked a rise in half year net profit of $29.1 million on the back of rapid expansion in its Priceline Pharmacy network.

The owner of the Priceline and Soul Pattinson brands reported a 27 percent rise in net profit for the six months to February 28, along with a rise in revenue of 13 per cen...

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