Morgan bets his shirt on a break-up of WMC
Article Abstract:
WMC Managing Director and Chief Executive Hugh Morgan believes that he is not endangering the company's share price by dividing it and preventing shareholders from debating a takeover bid from Alcoa. He feels that the demerger scheme will boost the transparency of WMC's earnings.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
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Buyers line up for woodchip giant
Article Abstract:
The bids made for wood chip producer Northern Forest Products by a range of companies from Europe, Japan and Tasmania are examined. The company exports 3.4m tonnes per annum and expects to receive about 350m Australian dollars for the sale.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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