Downer paid A$55M for Hawkins adding 'significant technical capability', accounts show
By Rebecca Howard Aug. 29 (BusinessDesk) - Australian infrastructure and mining firm Downer EDI spent A$55.4 million snapping up local construction firm Hawkins which was in need of capital at the time of the purchase. The sale price, which was withheld at the time of the...
Airwork annual profit edges up 0.7%, boosted by fixed wing business
By Rebecca Howard Aug. 29 (BusinessDesk) - Airwork Holdings lifted annual profit 0.7 percent, in line with its guidance, as a bigger fleet in its fixed wing division delivered better earnings offsetting a weaker result from its helicopter unit. Net profit increased to $24....
NZ dollar pares some losses against euro on profit taking
By Rebecca Howard Aug. 28 (BusinessDesk) - The New Zealand dollar clawed back some of its losses against the euro, likely on some profit taking after it touched a 15-month low in early trading. The kiwi dollar traded at 60.70 euro cents as at 5pm from 60.51 euro cents as at...
Abano Healthcare completes $35 million capital raising, including shortfall
By Rebecca Howard Aug. 28 (BusinessDesk) - Abano Healthcare said it successfully completed the shortfall bookbuild component of the $35 million capital raise announced on July 26, with strong investor support. Last week the Australasian radiology and dental centre operator...
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