Matt Ogg
Editor at Business News Australia
Head of Policy @SMMT Politics. Running. Automotive. Food. Wine. Coffee.
Articles
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2 days ago |
businessnewsaustralia.com | Matt Ogg
Wilson's camp at WAM Active Limited (ASX: WAA) took control of the board at Keybridge - where it has a 45 per cent stake - in April when a court confirmed the result of a February shareholder vote that removed three directors including Bolton, whose Australian Style Group owns 19.05 per cent of the company.
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2 days ago |
businessnewsaustralia.com | Matt Ogg
Already backed by Radar Ventures' Atlanta Daniel and Rod Drury, the founder of Xero (ASX: XRO), the company has completed multiple trials of its patented Tetramatrix and is targeting the markets of bone regeneration, tissue spacing and tissue healing. Tetratherix chair Emma Cleary says the current total addressable market for these applications alone is US$6.8 billion ($10.4 billion). The company's expected market capitalisation, at an initial public offering (IPO) price of $2.88, is $145 million.
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3 days ago |
businessnewsaustralia.com | Matt Ogg
Multi-generational Australia beef processing company Teys will pass fully into US ownership after Minnesota-based multinational Cargill reached a deal to acquire the remaining 50 per cent stake it does not already own for an undisclosed sum. Brisbane-based Teys' operations date back more than 75 years, but its Teys Australia and Teys USA businesses have operated through a joint venture with Cargill since 2011 when James Packer's Consolidated Pastoral Holdings exited the company.
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3 days ago |
businessnewsaustralia.com | Matt Ogg
Katoomba, which goes by the name KG Foods and distributes a wide range of international brands including Al Wadi, The Rice Company, The Spice People, Maggi and Pangkarra, will also assume PCF's liabilities including staff entitlements. The transaction compares to the $34 million paid to PCF's founders Helmut and Ulli Spranz in December 2017 by Longtable Group, in addition to paying all of the company's $7.6 million in bank debt at the time.
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4 days ago |
businessnewsaustralia.com | Matt Ogg
Geoff Wilson's WAM Active (ASX: WAA) is attempting to take the reins of Yowie via the investment vehicle Keybridge (ASX: KBC), where in tandem with media mogul Anthony Catalano he wrested control from Bolton in April - a move that was validated by a Supreme Court ruling that Bolton unsuccessfully appealed.
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There are few moments in history as profound as the passing of a long reigning monarch. Here, the second Elizabethan age ends. One of my generation’s constants. As an Old Savilian of QEGS, an historian, a politico, Britain will never be the same again. GSTK.
We are deeply saddened to hear of the passing of Her Majesty Queen Elizabeth II who dedicated her life to the service of the nation and the Commonwealth https://t.co/IjPV0Hyqzj
RT @SMMT: We are deeply saddened to hear of the passing of Her Majesty Queen Elizabeth II who dedicated her life to the service of the nati…
Hero. Keep on fun running @JasminKParis, it's basically just an American Spine right?!
Jasmin Paris @JasminKParis was overheard at the fire tower saying Fun Run doesn’t seem like the right word for it. #BM100
