CEOs rake in a record haul by sleeping rough

CEOs rake in a record haul by sleeping rough

Australia's business leaders did what they do best overnight by making big bucks, although this time it was for a worthy cause in the annual Vinnies CEO Sleepout. Funds raised nationally from the charity event have reached a record $6.3 million, edging closer to the $6.42 million target set for 2018. However, the funds raised are ...

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Michael Hill axes Emma & Roe to support core brand

Michael Hill axes Emma & Roe to support core brand

Michael Hill International (ASX: MHJ) is saying its final goodbyes to the fledgling brand which, despite promise in the early days of Michael Hill's ASX listing, has proven to be a burden on the group's balance sheet. Following a company-wide review, Michael Hill has decided to close all Emma & Roe fashion jewelry stores to re...

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Billboard world in a whirl as offers start flying

Billboard world in a whirl as offers start flying

THE battle for outdoor advertising space has stepped up a notch as APN Outdoor (ASX:APO) makes a last-ditch bid to secure the Adshel business from Here There & Everywhere (ASX:HT1).

APN has sweetened its offer for Adshel just a day after it received an unsolicited $1.1 billion takeover offer of its own from French billboard giant JCDecaux...

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Apollo scoops up troubled Fleetwood RV brands

Apollo scoops up troubled Fleetwood RV brands

Listed motorhome group Apollo Tourism & Leisure (ASX:ATL) has steered west for its latest acquisition, splashing out $1 million to scoop up brands owned by Perth-based Fleetwood Corporation. While this is the latest in a string of major deals secured since the company listed on the ASX in 2016, the company today warned that FY18 earni...

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Offshore buyers may fill the void as BP dumps bid for Woolies petrol

Offshore buyers may fill the void as BP dumps bid for Woolies petrol

The national retail petrol market could open up to new competition after BP Australia pulled out of an ambitious $1.8 billion plan to buy Woolworths' retail fuel network.

At least three international parties have been rumoured to be in the running for the acquisition, namely private equity group Kohlberg Kravis Roberts, Canadian retail fu...

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