Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

The pharmacy and beauty sector accounted for nearly half the $13.35 billion in retail merger and acquisition (M&A) activity in Australia in the 18 months to the end of ...

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

The board of Super Retail Group (ASX: SUL) has announced today that...

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Aussie-founded sleep device giant ResMed sees profit lift 29pc

Shareholders backing Australian-founded, California-based sleep med...

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

After 23 years as co-CEO of Sydney-headquartered software giant Atl...

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Grays agrees to pay $10m fine for misleading car ads on its website

Grays agrees to pay $10m fine for misleading car ads on its website

Online auction platform Grays has agreed to pay a $10 million fine ...

Superloop board rejects "opportunistic" takeover offer from Aussie Broadband

Superloop board rejects "opportunistic" takeover offer from Aussie Broadband

The board of Superloop (ASX: SLC) has taken little time in assessin...

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Australian hat manufacturer Akubra has enlisted retail industry exe...

How healthy are the plant-based meat and dairy replacements in the market?

How healthy are the plant-based meat and dairy replacements in the market?

If you’re thinking about buying plant-based foods, a trip to ...

Australian Vintage confirms merger talks with wine giant Accolade’s new owners

Australian Vintage confirms merger talks with wine giant Accolade’s new owners

A merger between Australian Vintage (ASX: AVG) and Accolade Wines c...

Acusensus puts foot on profit accelerator as road safety technology gains traction

Acusensus puts foot on profit accelerator as road safety technology gains traction

AI-based road safety technology company Acusensus (ASX: ACE) put it...

Aussie Broadband lobs $467m takeover offer for Superloop

Aussie Broadband lobs $467m takeover offer for Superloop

Update: Since this story was published, the board of Superloop...

Australian Ethical profit up six-fold as customer numbers rise

Australian Ethical profit up six-fold as customer numbers rise

Sydney-headquartered investment manager Australian Ethical (ASX: AE...

Hotel Property Investments CEO Don Smith passes away

Hotel Property Investments CEO Don Smith passes away

Following a successful career of almost two decades with Vicinity C...

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Entrepreneurship

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used by giants like Lendlease (ASX: LLC), Westfield (ASX: SCG) and CBRE (NYSE: CBRE) has raised $2.75 million i...

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

Don’t understand predictive algorithms? Xplainable bridges the “how and why” gap of machine learning

"There is so much hype around AI. Let's just focus on...

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

"10x in six months": Brisbane startup Xrecruiter opens Melbourne office

A Brisbane-headquartered startup that helps recruiters strike it ou...

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Tech Council urges merger reforms to consider Aussie startup dependence on acquisitions for exits

Amidst a significant funding gap in later-stage rounds for startups...

MERGERS AND ACQUISITIONS

Customer experience consulting firm Strativity acquired by UST

Customer experience consulting firm Strativity acquired by UST

US transformation solutions company UST has made its second Austral...

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Australian furniture group Nick Scali (ASX: NCK) plans to raise up ...

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two Australian family-owned supply chain trackers specialising in l...

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Retail

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali shares reach all-time high following UK expansion plans

Nick Scali’s (ASX: NCK) plans to expand into the UK have...

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Australian furniture group Nick Scali (ASX: NCK) plans to raise up ...

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

Retail M&A volume drops 32pc as deals vary from high multiples to the discount bin

The pharmacy and beauty sector accounted for nearly half the $13.35...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

 

Opinion

Will checking character references really help you find the best candidate for a job?

Will checking character references really help you find the best candidate for a job?

Finding the best person to fill a position can be tough, from draft...

AI is making smart devices easier to hack. Here’s how to stay safe

AI is making smart devices easier to hack. Here’s how to stay safe

From asking our smart speakers for the weather to receiving persona...

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

Banducci couldn’t give senators Woolworths’ return on equity. What does the figure say about profit?

During yesterday’s senate inquiry into supermarket pricing, G...

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CAPITAL RAISING & FINANCE

Struggling games developer Mighty Kingdom lifts capital raise to $8.2m

Struggling games developer Mighty Kingdom lifts capital raise to $8.2m

Adelaide-based game developer Mighty Kingdom (ASX: MKL) will dilute...

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used b...

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne-based solar-and-storage technology company RayGen has rai...

DroneShield lifts capital raise to $105m as investors flock to defence tech

DroneShield lifts capital raise to $105m as investors flock to defence tech

Counterdrone defence technology company DroneShield (ASX: DRO) has ...

Leadership

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

After 23 years as co-CEO of Sydney-headquartered software giant Atl...

Will checking character references really help you find the best candidate for a job?

Will checking character references really help you find the best candidate for a job?

Finding the best person to fill a position can be tough, from draft...

Vitura Health founder and Bali bombings hero Rodney Cocks resigns as CEO of cannabis group

Vitura Health founder and Bali bombings hero Rodney Cocks resigns as CEO of cannabis group

Rodney Cocks, the CEO and co-founder of digital health group Vitura...

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Property

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Lifestyle Communities sheds $254m as shares plunge on home settlements downgrade

Shares in Lifestyle Communities (ASX: LIC) have reached their lowes...

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Deloitte Access Economics is forecasting a "more promising&quo...

Shakespeare swoops on Woolstore 1888 by Ovolo with plans for new hotel operator

Shakespeare swoops on Woolstore 1888 by Ovolo with plans for new hotel operator

Shakespeare Property Group, the property arm of boutique investment...

Health

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

The Gold Coast’s LuminaX HealthTech Accelerator has accepted ...

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief gets a healthy boost to its retail footprint through Woolworths distribution deal

Zea Relief, a Tasmanian wellness scale-up that has developed a rang...

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

AI medtech Artrya secures first Australian commercial agreement with The Cardiac Centre NSW

Perth-based medtech Artrya (ASX: AYA) has secured the first commerc...

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Australia’s biggest chemist is merging with a giant wholesaler. Could we soon be paying more?

Corporate Australia loves a big merger. And amid a growing flurry o...

Technology

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

“Difficult decision”: Atlassian co-CEO Scott Farquhar to step down

After 23 years as co-CEO of Sydney-headquartered software giant Atl...

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

The “Uber Eats” of construction logistics: Veyor Digital raises $2.75 million in pre-series A

A Sydney-based logistics coordination software company being used b...

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne renewable technology group RayGen raises $50m as global opportunities beckon

Melbourne-based solar-and-storage technology company RayGen has rai...

DroneShield lifts capital raise to $105m as investors flock to defence tech

DroneShield lifts capital raise to $105m as investors flock to defence tech

Counterdrone defence technology company DroneShield (ASX: DRO) has ...

Legal

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

Super Retail Group to face court over allegations of undisclosed exec relationship, bullying

The board of Super Retail Group (ASX: SUL) has announced today that...

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

The Star Entertainment Group’s (ASX: SGR) executive chairman ...

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