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Roll up, roll up

Article Abstract:

Australian company Stockford Ltd acquired more than 45 accounting and other business and finance-related firms, for approximately $A1-$A6 million per firm, in an attempt to become the largest consolidator in the country. A competitor, Tasman Group, is in the process of acquiring small and medium-sized firms for a total of $A50 million.

Author: Thomas, Tony

Publisher: Australian Society of Practising Accountants
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001

Finance, Acquisitions and mergers, Accounting firms, Accounting services

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Fine tuning

Article Abstract:

The practise of gearing can offer a way for investors' to solve their wealth accumulation problems, but it comes at high risk to both investors and their advisers. Gearing is the practise of borrowing money to invest in an investment group or chosen class of assets.

Author: Skillecorn, Casimir

Publisher: Australian Society of Practising Accountants
Publication Name: Australian CPA
Subject: Banking, finance and accounting industries
ISSN: 1440-8880
Year: 2001

Methods, Economic aspects, Investments, Loans

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Subjects list: Australia

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