Chanticleer
Rodney Duke's Briscoe pounces on weakened Kathmandu
Chanticleer is Australia's pre-eminent business column.
Updated
Timing is everything in takeover battles.
Kathmandu's board and its new chief executive Xavier Simonet were caught like deer in the headlights early Tuesday when news hit the market that New Zealand's Briscoe Group had acquired a 19.9 per cent stake in the company.
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Michael Smith is the Health Editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
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