Doing nothing is Ebos' secret acquisition sauce

Doing nothing is Ebos' secret acquisition sauce
Ebos CEO John Cullity had a twinkle in his eye but kept his lips firmly sealed at its annual meeting. (Image: Ebos)
Rebecca Stevenson
Ebos chief executive John Cullity wasn’t giving much away about the firm’s acquisition plans at its recent annual meeting, saying only that the company “continued to look for value accretive acquisitions, whether they be in health care or animal care”. But as he told BusinessDesk in August, acquisitions are in the company’s DNA. Again, it appears Ebos is on the hunt, entering a trading halt on the New Zealand stock exchange (NZX) on Thursday after Australian media reported it would add Aussie pet care com...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024