Bank works the Packer factor
Article Abstract:
Boutique investment bank Challenger International has enjoyed strong growth since gaining financial support from Kerry Packer. Bill Ireland, Challenger's owner, feels confident that this positive performance will ensure that Packer's Consolidated Press Holdings will retain its 18.9% stake for at least the foreseeable future. However, there is speculation that the Packers may abandon their holding.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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The Packers' $2-billion bad year
Article Abstract:
James and Kerry Packer have made losses of around A$500 million on investments made by CPH Investment Corp, Consolidated Press Holdings and Publishing & Broadcasting Ltd. There have been some gains, but the family's net wealth has been cut by around A$2 billion since early 2000.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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Hunting with the Packers: not all bullseyes
Article Abstract:
The investments of Australian Kerry Packer and his son James are discussed, with reference to the CPH Investment Corporation launched in May 2000. The success of this new venture is not assured in the current economic climate.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2000
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Comment about this article or add new information about this topic:
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