National Australia Bank (ASX:NAB) has released findings from its March survey of business conditions, detailing better-than-expected results and signaling an eight-point increase to a record high of 25 points. NAB chief economist Alan Oster has attributed improved conditions to the early lifting of COVID restrictions ahead of schedule around Australia. In contrast, the business confidence index still hovers above average despite shedding 3 points to 15 due to weaker performances in wholesale and manufacturing.
16 Dec 2020 - On 26 October 2020, Infratil (ASX:IFT) announced that it had executed a conditional binding offer to acquire up to 60 per cent of Qscan Group Holdings from Quadrant Private Equity and existing doctor and management shareholders, for total cash equity consideration of up to $330 million.
27 Aug 2020 - Bega Cheese (ASX:BGA) announced its full year audited results for the financial year ended 30 June 2020 showing statutory profit after tax rose by a huge 384 per cent for the year to $21.3 million.
07 Feb 2020 - Agricultural group Webster (ASX:WBA) reports that the Supreme Court of NSW has made orders approving the Ordinary Scheme of Arrangement under which an indirect wholly-owned subsidiary of Canada’s Public Sector Pension Investment Board will acquire all of the ordinary shares in Webster that they not already own.
08 Oct 2019 - City Chic’s (ASX:CCX) US$16.5m acquisition of the e-commerce assets of American clothing chain Avenue has been given the green light from the US Bankruptcy Court.
