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Stevenson Group to look at selling construction materials unit next year

Stevenson Group to look at selling construction materials unit next year

By Paul McBeth Dec. 15 (BusinessDesk) - Stevenson Group will test buyer appetite for its concrete business next year in a market the managing director Mark Franklin doesn't see abating any time soon.  The Australian Financial Review today reported Stevenson has hired PwC to...

Paul McBeth 15 Dec 2017
Pemba Capital walks away from $40.4 mln Smartpay takeover proposal

Pemba Capital walks away from $40.4 mln Smartpay takeover proposal

By Paul McBeth Dec. 15 (BusinessDesk) - Australian investment firm Pemba Capital Partners won't go ahead with plans to buy payment terminal provider Smartpay Holdings for $40.4 million after wrapping up due diligence.  The Sydney-based firm put forward an indicative offer o...

Paul McBeth 15 Dec 2017
CBA's Vittoria Shortt to take up ASB reins in February

CBA's Vittoria Shortt to take up ASB reins in February

By Paul McBeth Dec. 15 (BusinessDesk) - Commonwealth Bank of Australia group marketing and strategy executive Vittoria Shortt will take charge of the lender's New Zealand subsidiary ASB Bank in February.  ASB chief executive Barbara Chapman announced her retirement in Octob...

Paul McBeth 15 Dec 2017