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Gary Weiss

February

Cromwell Property CEO Jonathan Callaghan.

Cromwell pins hopes on $500m Polish malls sale to curb debt worries

The Brisbane property fund manager’s gearing level is close to 45 per cent, well past its target range, as devaluations hit its balance sheet.

  • Nick Lenaghan

October 2023

Ben Weiss, partner at Alicorn Venture Partners working from his bedroom bomb shelter in Tel Aviv.

Bedrooms become bomb shelters as VCs do deals amid destruction

With colleagues on the frontline and international deals on the line, Israel-based VCs such as Ben Weiss are leading double lives.

  • Paul Smith

July 2023

Gary Weiss, pictured at Cromwell Property Group’s 2018 AGM, is no stranger to shareholder activism.

Gary Weiss, original asset stripper, defends Ardent

It’s said imitation is the sincerest form of flattery. Not that vintage corporate raider Gary Weiss is in any way pleased. 

  • Myriam Robin
Dreamworld’s key attractions aren’t pulling enough visitors for one shareholder.

Ardent Leisure accused of being in ‘dream world’ by activist investor

K Capital’s David Kingston wants to roll out the same playbook that saw Village Roadshow go private, and has appealed to Ardent Leisure shareholders.

  • Ayesha de Kretser

April 2022

Ardent Leisure chairman Gary Weiss has dramatically increased the value of Main Event.

Ardent’s $1.1b US cash bonanza

The sale of Ardent Leisure’s US business, Main Event, for $1.1 billion follows a well executed turnaround strategy.

  • Updated
  • Tony Boyd
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August 2021

Work in progress: the Steel Taipan at Dreamworld on the Gold Coast is scheduled to be running by the end of this year.

Ardent Leisure faces two worlds of COVID-19 control

The ASX-listed company’s US and Australian entertainment businesses reflect different attitudes to managing the pandemic.

  • Michael Bleby
The rivalry between Coles and Woolworths is one for the ages.

The 70-year battle that changed Australian retailing

The fight for supremacy between Woolworths and Coles has been closely charted by The Australian Financial Review for many decades.

  • Sue Mitchell
Gary Weiss  and Solomon Lew. Dr Weiss says the idea “sounded intriguing, but it would have given rise to significant trade practices considerations”.

Lew’s secret plan for Coles to ‘rescue’ Woolworths revealed

A scheme hatched by Solomon Lew almost 30 years ago would have changed the competitive dynamic between Australia’s two largest food retailers.

  • Sue Mitchell

November 2020

Cromwell board torpedoed in AGM bloodbath

The Brisbane fund manager has been at odds with its major shareholder for close to two years, accusing it of pursuing a 'takeover by stealth'.

  • Nick Lenaghan
Inside the Lexus marquee on Derby Day

Virtual AGM savings vastly overstated: Ownership Matters

And anyway, the proxy advisory states, directors don't pinch pennies when spending shareholder money to go to Flemington, the Australian Open or Lord's.

  • Myriam Robin

October 2020

The federal government is chipping away at the rights of small investors.

Once again, investors' rights are being gnawed at

The proposal to make temporary rules allowing virtual annual general meetings permanent will hamper transparency and accountability.

  • James Thomson
WAM chairman Geoff Wilson says he virtual AGMs favour the big end of town.

Geoff Wilson to lead investor army against virtual AGMs

The fund manager has labelled virtual AGMs “undemocratic and grossly unfair to millions of Australian retail investors”. He said the plan will shift the balance of power away from retail investors.

  • James Thomson

September 2020

Weiss, Gersh win seats at Cromwell's table

While the battle for the boardroom ended on Friday, it's not yet clear if the war is over.

  • Nick Lenaghan
Gary Weiss

ARA's move on Cromwell disingenous: CGI Glass Lewis

Singaporean investor has failed to provide alternate strategy for Cromwell, despite heavy criticism and bid to win board seats, according to a proxy adviser.

  • Nick Lenaghan

Weiss and Gersh pitch for Cromwell posts

ARA Asset Management is launching a third effort to regain representation on the board after more than a year of acrimony between Cromwell and its largest shareholder.

  • Nick Lenaghan
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August 2020

Cromwell to ARA: keep your own house in order

Cromwell says its results vindicate its corporate strategy, which has been subjected to sharp criticism from ARA as a rift opened between the two fund managers over the past 18 months.

  • Nick Lenaghan
Gary Weiss.

ARA creeps up to 27pc of Cromwell

The activist shareholder has pushed its long-running battle for board representation forward after on-market share buys.

  • Michael Bleby

ARA adds $32m sweetener to win over Cromwell's loyal fans

A long-running battle enters a new stage as ARA tries to build its stake to nearly 27 per cent through on-market purchases.

  • Michael Bleby

July 2020

Joe Gersh: Nominated by ARA.

ARA recruits Gersh for tilt at Cromwell board

The Singaporean player is Cromwell's largest investor but the two investment houses have fallen out spectacularly in the past year.

  • Nick Lenaghan
Joe Gersh, for his sins, sits on the board of the ABC.

ARA adds Joe Gersh to Cromwell arsenal

The locked-down Melbourne corporate lawyer is the latest high-profile business figure to be drawn into the internecine and very bitter conflict.

  • Myriam Robin

Original URL: https://www.afr.com/person/gary-hilton-weiss-2zv