Monday
November 30, 2020
Good evening,
A few more twists look to be on the horizon in one of corporate Australia's most protracted power struggles.
Tonight, we take a look at what Cromwell Property Group's board is mulling, in an effort to stem the flow of blood from its boardroom.
It's been two weeks since the property manager copped a second strike against its remuneration report at its AGM – triggering a spill meeting in the next 90 days – and Cromwell's independent directors are thinking about what they can do to minimise the damage.
Elsewhere, ASX-listed betting technology company BetMakers has its sights on a new acquisition, and was crossing fund managers on an equity raising on Monday night to finance the purchase.
And finally, we take a look at the sale of a stake in New Zealand's third largest oil and gas field.
Happy reading,Sarah Thompson, Anthony Macdonald and Tim BoydStreet Talk Editors
Cromwell Property Group's board is thinking about doing the unthinkable in an effort to stem the flow of blood from its boardroom.
BetMakers Technology Group has roared out of the starting gates in its race to raise capital.
Own an oil or gas asset in the region? Expect a call from RBC Capital Markets.
Barrenjoey Capital Partners has claimed another two scalps from JPMorgan's Australian team.
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