May
Endeavour chair looks to reassure investors on Hrdlicka availability
Despite a strong performance from its pubs, the Dan Murphy’s owner grappled with less demand for alcohol and lingering supply chain disruptions in the third quarter.
April
Jayne ‘Hard Liquor’ has a big job ahead at drinks empire
Jayne Hrdlicka is jumping from one fix-up job at Virgin to the next at Endeavour, and she’s going to have to put some noses out of joint – again.
Star as we know it will be over, top execs cleaned out: Bally’s
Star Entertainment’s new controlling shareholder says there is still money to be made in gambling but the company had been badly managed for years.
March
Billionaire Mathieson backs Bally’s bid for Star with $50m sweetener
The company’s largest shareholder has thrown his support behind the American casino giant’s rescue bid despite Star’s lengthy discussions with another party.
February
Bruce Mathieson made second secret bid for Star’s Gold Coast casino
The informal offer was made last month and included a significant amount of up-front cash to help the embattled company navigate its financial difficulties.
Mathieson tabled $550m bid for Star Gold Coast (and was rejected)
The billionaire publican is working separately from the distressed debt funds and Hong Kong-listed investors who have all made proposals as the company teeters.
December 2024
Endeavour mulls an executive chairman as CEO search drags on
The largest shareholder of the Dan Murphy’s operator, Bruce Mathieson, said Ari Mervis could be a “short-term solution” to a permanent chief executive.
September 2024
Star needs new friends to stop the bleeding
Where will Star Entertainment’s shares trade? Surely, it’s going to be ugly on Friday morning.
August 2024
The $500m pub owner you’ve never heard of
David Tomsic, the son-in-law of billionaire pub owner Bruce Mathieson, started out as bricklayer but now owns an empire spanning over 40 venues.
Why Dan Murphy’s boss was almost sacked on his first day
As he celebrates three decades working at Dan Murphy’s, the Endeavour Group chief executive is ready for more direct feedback from his critics.
July 2024
Historic pub to close after Rich Lister sells building, keeps pokies
Pub and pokies baron Bruce Mathieson exchanged contracts to buy the Captain Cook Hotel for $13.5m in late 2022. His BLM Group sold it this month for $6.6m.
June 2024
Casino regulators clear way for Bruce Mathieson to buy up more of Star
The decision by NSW and Queensland authorities means the billionaire can increase his stake in the gaming operator from the 9.7 per cent he currently holds.
May 2024
Dan Murphy’s parent Endeavour posts 2.2pc sales growth
The pubs and bottle shops owner warned that market conditions have remained subdued so far in April.
January 2024
Dan Murphy’s owner Endeavour finds a fragile peace
Australia’s corporate stoush of 2023 has ended with a Goldilocks solution, but the test of the truce will be the company’s operating performance.
Endeavour loses chairman in reshuffle aimed at placating investors
The changes follow months of animosity between the alcohol retailing and hotels group and its largest shareholder, billionaire publican Bruce Mathieson.
December 2023
Endeavour looks to boost pubs earnings by $150m or more
Despite a barrage of investor questions about breaking up the company, CEO Steve Donohue says hotel and retail portfolios are deeply interconnected.
Mathieson Group says Endeavour chairman’s days are numbered
With tensions unresolved, the Mathieson camp says it is prepared to call an extraordinary general meeting if Peter Hearl does not step down.
November 2023
Endeavour spat: Major shareholders move against chairman Peter Hearl
Street Talk understands Aussie equities power duo AustralianSuper’s Shaun Manuell and Perpetual’s Vince Pezzullo are teaming up again.
October 2023
Endeavour chairman seeks ‘resolution’ with pubs billionaire
Peter Hearl clashed with a representative of major shareholder Bruce Mathieson accusing the pubs billionaire of destabilising the company.
Endeavour sales miss market expectations as focus switches to returns
The company’s largest investor, billionaire publican Bruce Mathieson, says revenue is in “absolute free fall”. The retailer holds its annual meeting on Tuesday.