Ebos doesn't overpay for businesses it buys: CEO

Ebos doesn't overpay for businesses it buys: CEO
Chief executive John Cullity said prices for brands are higher than Ebos is prepared to pay. (Photo: supplied)
Jenny Ruth
Healthcare company Ebos has watched multiples of businesses it is interested in buying creep up over the last five years but chief executive John Cullity is adamant his company won't overpay for anything.Very low-interest rates and central bank money printing has seen prices for all types of assets escalate.Ebos is in the process of buying LifeHealthcare for A$1.17 billion (NZ$1.26b), a transaction it expects to settle before the end of June.But it also spent $107 million on three smaller businesses, Sentry Medical, Pioneer Medical and MD S...

More Retail

Woolworths NZ revenues hit $8.2b
Retail

Woolworths NZ revenues hit $8.2b

Woolworths has seen its NZ earnings grow to $8.29b.

Staff reporters 27 Aug 2025
'Predatory pricing': Govt targets supermarket market power
Retail

'Predatory pricing': Govt targets supermarket market power

Aldi and Lidl opted not to take part in the initial RFI.

Gregor Thompson 27 Aug 2025
Restaurant Brands margins undercooked in HY result
Retail

Restaurant Brands margins undercooked in HY result

Same-store sales in New Zealand fell 3.1% compared with last year.

Gregor Thompson 26 Aug 2025
Kogan.com takes $51m goodwill hit on Mighty Ape
Retail

Kogan.com takes $51m goodwill hit on Mighty Ape

Kogan.com has written down A$46.3 million (NZ$51.2m) of goodwill tied to its New Zealand segment, Mighty Ape.  The Australian retail and services group filed its earnings for the 12 months to June 30 with the Australian Securities Exchange (ASX) on Monday.Chief executive Ruslan K...

Staff reporters 25 Aug 2025