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Abano shares valued at $8.30-$10.05 by Grant Samuel, exceeding Archer price
Nov. 26 (BusinessDesk) - Abano Healthcare is worth $8.30 to $10.05 a share for 100 percent of the company, a premium of as much as 46 percent to recent trading and well north of the takeover price proposed by Archer Capital and shareholders Peter Hutson and James Reeves, Grant S...
Rio Tinto looks ready to close ageing Gove smelter
Nov. 26 (BusinessDesk) – Global metals giant Rio Tinto looks likely to close its ageing aluminium smelter at Gove, in Australia’s Northern Territory, three months after cutting a deal to keep its Tiwai Point smelter in New Zealand open until at least 2017. Australian media repor...
Energy Mad shares drop as further losses unveiled
Nov. 26 (BusinessDesk) – Energy efficient lightbulb retailer Energy Mad has turned in another loss and has decided to write off a $2 million tax benefit, which would become available again if it were to be profitable and as long as at least 50 percent of the company remains in t...