May
Andrew Abercrombie spills another Humm CEO
The man responsible for 2020’s infamous COVID-19 superspreader event at an Aspen ski party is as influential as ever.
July 2023
High-flyers at Lord’s watch Lyon’s wobbly stand
If Australia’s leaders watch sport for something to inspire, they got what they came for at the second Ashes Test in London.
June 2022
Inside the Humm-Latitude fiasco
Combining Humm and Latitude’s consumer finance arms made sense. But what transpired during the process leaves many unanswered questions.
There are no winners in the Humm mess
The battle for control of the ASX minnow has been bruising for some big names in Australian business. And it’s not over yet.
‘Muppet Show on steroids’ as Humm board quits, Wylie breaks silence
Angry shareholders take a “win” as the board quits, but most are losers in this messy corporate battle.
Humm director defends board’s actions after collapse of Latitude deal
Analysts have downgraded the embattled consumer finance and commercial leasing group after the collapse of its deal with Latitude Financial.
Christian, Wylie told to quit Humm, Fahour’s Latitude rating cut
There are no winners in the Humm shambles, with Latitude shares downgraded after the consumer finance division sale was scrapped.
Abercrombie had the numbers ahead of scrapped Humm vote: chairman
Humm Group’s chairman reveals 50 per cent of votes had been cast with 78 per cent opposing the sale of its consumer finance arm to Latitude Financial.
Shareholders say Humm board should quit over ‘muppet show’
Humm shareholders are stuck with assets that its board has described as “under pressure” and “unprofitable” after Ahmed Fahour’s Latitude was allowed to walk.
Humm tells shareholders to take the Latitude deal, again
Dissenting director Drew Abercrombie has continued to expand his holding in Humm under creep provisions, raising the heat ahead of next week’s shareholder vote.
Abercrombie buys more shares to block Humm sale
Andrew Abercrombie has beefed up his stake and asked shareholders to vote down the proposed sale of the buy now, pay later business to Latitude.
May 2022
End of the line for Abercrombie and Wylie
No matter what happens in Latitude’s takeover of Humm’s consumer business, the friendship between the two Melbourne blue bloods is finished.
‘I’ve been ostracised’: Abercrombie at odds with Humm board
Dissenting director Andrew Abercrombie says the Humm board has shut him out as each makes their pitch to investors on Latitude sale.
Sell now or pay later: Humm tells investors it’s unprofitable
But Andrew Abercrombie has hit back at the Humm board, telling shareholders Latitude’s private equity owners will be “sprinting for the exits” after the sale completes.
Abercrombie dissents from Humm board to block sale
Andrew Abercrombie is fighting directors including John Wylie to block the $335 million sale of its consumer finance arm to Latitude Financial.
Humm investor requests share register; proxy battle on horizon
There’s trouble brewing in Latitude’s $335 million bid to acquire Humm Group’s consumer finance business.
March 2020
Virus strikes Melbourne bluebloods
More than 100 of Victoria's 520 confirmed coronavirus cases are located in the upmarket suburb of Toorak and the seaside playground of Portsea.
Abercrombie's Aspen troupe in splendid COVID-19 isolation
A group of 13 Australians in Aspen, led by the Flexigroup chairman Andrew Abercrombie, remain in isolation awaiting their coronavirus test results.