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
Stokes backs nuclear, and free electricity for those who live near it
Chief executive of Seven Group Holdings Ryan Stokes says the nation must consider nuclear energy as a baseload power source.
- Tom Rabe
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
Stokes’ woke regime comes with sexy surprise
Seven West Media’s recent issues haven’t stopped a salacious lunchtime performance.
- Updated
- Mark Di Stefano
Stokes’ vision for Seven’s Boral comes to life
Seven Group boss Ryan Stokes says the company is interested in buying the BGC cement division left behind by the late WA entrepreneur Len Buckeridge.
- Brad Thompson
- 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
June
- Opinion
- Chanticleer
‘I don’t think you can trust me at this point’: CEO’s startling call
Brett Woods has a new plan from the Stokes family playbook and some solid market tailwinds at his back. But it will take time to win Beach Energy investors back.
- James Thomson
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
- 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
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
March
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
Boral independent directors say Stokes’ bid undervalues group
Boral’s minority shareholders were urged to reject Seven’s bid, based on an independent expert finding the shares are worth up to $7.13. Ryan Stokes disagrees.
- Updated
- Simon Evans
- Opinion
- Chanticleer
‘Tell them they’re dreamin’: guerilla Boral campaign flares up
A colourful presentation from a boutique broker isn’t normally newsworthy – but remember who was first to call out Origin Energy’s bid.
- Anthony Macdonald
Boral target statement on its way; fundies start to sell
You would think with fund managers like Coopers already folding and arb funds coming on the register, Seven could do a quick job of mopping up the register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Boral bristles for round two with formidable Stokes
Ryan Stokes wants to add the cement maker to his trophy cabinet. Will he and father Kerry get what they want, again? History says they’re hard to beat.
- Anthony Macdonald
February
CSR’s $4.3b French buyout bid ‘compelling’: shareholder
Fund manager Merlon Capital says the $9 per share proposal offers “compelling” value for one of Australia’s oldest companies.
- Simon Evans
Stokes’ Seven Group bids to take full control of Boral
Boral shares climbed 4.6 per cent as Seven Group, which owns 71.6 per cent of the concrete company, returned with a scrip and cash offer.
- Updated
- Simon Evans
- Opinion
- Chanticleer
Stokes’ Boral mop-up comes with carrots and a big stick
Seven’s bid to buy the rest of Boral comes with several sweeteners, but one big stick that could leave Boral investors in a tough spot.
- James Thomson
Ryan Stokes warms to gas pact with WA billionaires
Ryan Stokes raised the prospect of Seven, Hancock and MinRes working together on onshore gas production as Seven Group goes from strength to strength.
- Brad Thompson