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

NZ sharemarket rises on back of positive news
Markets Market close

NZ sharemarket rises on back of positive news

The S&P/NZX 50 Index closed at 13,041.9, rising 276.66 points or 2.17%

Graham Skellern 22 Nov 2024
Oceania shrinks footprint, prioritises balance sheet
Property

Oceania shrinks footprint, prioritises balance sheet

Oceania has divested four aged care facilities in the space of six months.

Gregor Thompson 22 Nov 2024
The Warehouse’s plan to come back ‘with a vengeance’
Retail

The Warehouse’s plan to come back ‘with a vengeance’

Executives face tough questions at the retailer’s AGM.

Victoria Young 22 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024