The 83-year-old businessman says he is open to a deal, but only once he can repair the struggling ASX-listed fast-food chain’s enormous share price slide.
GWM’s competitively priced Haval and Cannon brands are driving strong growth, but the local boss admits the car maker needs to do better on after-sale care.
Macquarie holds 10 per cent of Sea Forest, with billionaire Peter Gunn and author Zoe Foster Blake among its investors, as the group looks at a potential IPO.
Federal Communications Minister Anika Wells has slammed the telco after an eight-week-old boy and a 68-year-old woman were among three people who died when a major system failure left some customers unable to call triple-zero.
The march away from pandemic-era norms is only accelerating as sluggish growth, productivity woes and the rise of automation give big employers more sway.
Daring Foods was once a darling of the industry, valued at more than $500 million. Now it is being acquired by v2food in the hope scale will lead to profit.
The oil and gas giant has been headquartered in Adelaide since it was founded more than seven decades ago. The state wants to ensure investment continues.
The Chinese dairy giant acquired the local infant formula business off the ASX for $1.5 billion in 2019. It has since wiped most of its value amid big losses.
Scott Wharton had an uneasy stint as CEO of The Star Sydney, but it was nothing compared with trying to stop office break-ins during the Lehman Bros collapse.