This Month
From one wheelbarrow and a ute to a $437m ASX listing
Symal Group founder Joe Bartolo started from humble beginnings in 2001 to build his construction group into a large enough player to float on the exchange this year.
- Simon Evans
October
Irish giant CRH to buy CPE Capital-backed concrete infrastructure biz
Civilmart is the country’s No.2 manufacturer of concrete pipes and precast products, backed by John Haddock’s buyout firm CPE Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Leading financial reformer Percy Allan dies aged 78
Allan worked under some of the most prominent political figures in NSW, including Labor premiers Neville Wran and Bob Carr, and as a key reformist under Liberal premier Nick Greiner.
- Andrew Clark
September
Investors in Vik Bansal’s biogas side hustle are up 85pc
The Boral CEO is also chairman of ASX-listed biogas group LGI, which has 32 waste landfill sites and supplies electricity into the grid when returns are highest.
- Simon Evans
- Analysis
- Media & marketing
Seven West Media stokes tension behind the scenes at Seven Group
The broadcasting and publishing empire accounts for just 0.6 per cent of the broader conglomerate’s total assets. It accounts for much more of its problems.
- Sam Buckingham-Jones
August
- Results Wrap
- Chanticleer
Winners from profit season’s big Wednesday
All eyes were on CBA’s monster numbers, but Seven Group Holdings and AGL also delivered nice profit growth – and Pro Medicus impressed yet again.
- James Thomson and Anthony Macdonald
July
The ACCC’s new target | What makes an elite CEO | Earnings season predictions
This week on the Chanticleer podcast, Anthony and special guest companies editor Vesna Poljak look at the ACCC’s latest target, discuss what makes an elite CEO, and make some predictions on earnings season.
- Opinion
- Chanticleer
To back Vik Bansal, you have to buy into the Seven dream
Boral’s gone from the ASX, but not forgotten. It’s tucked up inside Seven Group’s portfolio and still one of Australia’s turnaround stories to watch.
- Anthony Macdonald
June
$11b swoop on ASX building giants leaves James Hardie the lone prize
The CSR, Boral and Adbri buyouts come at a low point in the construction cycle, with better times expected from mid-2025 once interest rate cuts arrive.
- Simon Evans
April
Seven Group says talk of Cleanaway buyout ‘completely untrue’
Shares in Australia’s largest waste collection company surged 15.8 per cent, to a two-year-high, after reports that the conglomerate was contemplating a bid.
- Simon Evans
Building materials supplier Lutum goes into administration
The move by directors to try and salvage the Boral spinoff shows casualties in Australia’s precarious home-building sector have spread well beyond builders.
- Michael Bleby and Simon Evans
- Opinion
- Chanticleer
Seven’s Boral sweetener lets everyone claim victory
A new dividend and some peacemaking by Ryan Stokes has sealed Seven’s takeover of Boral.
- Updated
- James Thomson
Seven’s new Boral bid; Mercedes mortgage pain; $77m Toorak double deal
Read everything that’s happened in the news so far today.
Kerry Stokes’ Seven rains dividends to win over Boral
The independent directors of the cement group are now recommending shareholders accept the revamped $1.9 billion bid, with one-off dividends attached.
- Simon Evans
Why Paradice is backing Seven Group’s bid for Boral
Mid-cap investor Jovana Gagic says Kerry Stokes’ conglomerate has a good track record in buying controlling stakes, and reveals why she’s bullish on Orica and Pro Medicus.
- Joanne Tran
- Updated
- Mergers & acquisitions
Grant Samuel concedes it got Boral valuation wrong in win for Stokes
But the building materials group’s independent directors are still recommending shareholders reject a $1.9 billion takeover offer lobbed by Seven Group.
- Updated
- Simon Evans
March
- Opinion
- Chanticleer
Seven starts throwing haymakers to get Boral bid moving
An independent expert’s report is the tip of the iceberg in the battle for Boral. The fight is ramping up.
- Updated
- Anthony Macdonald
Bankers’ housing alert; Lew’s $3b bet; PwC’s power players
Read everything that’s happened in the news so far today.
Seven attacks Boral deal expert over ‘fundamental errors’
Seven Group, controlled by billionaire Kerry Stokes, has stepped up the pressure in its push to buy out the rest of cement and asphalt group Boral.
- Simon Evans
Why you should buy these cheap stocks before somebody else does
Fund managers including Ethical Partners and Maple-Brown Abbott are sticking with unloved stocks such as Ramsay Healthcare and Tyro Payments.
- Joanne Tran and Jonathan Shapiro