Mosaic Brands receivers to close 160 stores by January
Dec 10, 2024 · The receivers to fashion retailer Mosaic Brands (ASX: MOZ) will close 160 stores across the group by mid-January putting the company’s iconic brands comprising Katies, …
NDIS provider Freedom Care Group falls into administration
Dec 6, 2024 · Freedom Care Group (ASX: FCG), the first National Disability Insurance Scheme (NDIS) provider to list on the ASX, has fallen into administration a month after warning …
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EML Payments sacks new CEO within six months of appointment
Dec 23, 2024 · Share price gains over the past month for Brisbane-headquartered prepaid card solutions company EML Payments (ASX: EML) have been wiped out after the company …
Pacific Equity to pay a premium in $1.2b bid for SG Fleet
Nov 25, 2024 · SG Fleet Group (ASX: SGF) is firmly in the sights of private equity group Pacific Equity Partners which is willing to pay a healthy premium to secure control of Australia’s …
Australian Young Entrepreneur of the Year revealed
Nov 23, 2024 · Award nominees brought in $2 billion in combined revenue, employed 12,400 staff, and their total profit soared as they reshaped and thrived in a wide spectrum of …
Swoop Aero under administration as turbulence strikes
Oct 15, 2024 · Melbourne-based drone logistics operator Swoop Aero, a company that two years ago turned down a $100 million buyout from a US-based defence services contractor, has hit …
Appen to raise $50m after return to underlying profitability
Oct 11, 2024 · After pulling itself up by the bootstraps when a major contract fell through with Google earlier this year, Sydney-based artificial intelligence (AI) annotation and services group …
Foxtel offloaded at $3.4 billion valuation
Dec 23, 2024 · UK-based global sports streaming platform DAZN has struck a deal to acquire the majority of shares in Foxtel from News Corporation (ASX: NWS) and Telstra (ASX: TLS) for an …
Karmo picks up rival Motopool amid plans to rev up growth
Nov 19, 2024 · Brisbane-based car subscription platform Karmo has acquired local rival Motopool in a deal that elevates the business into the nation’s biggest car subscription business with …