LA Private

November 22, 2023

EBOS cancels $3.75 billion Greencross purchase in surprise twist

Business media and market chatter had the New Zealand pharmaceutical and animal products giant, EBOS (ASX:EBO), poised to finalise a $3.75 billion acquisition of the Greencross animal care group. The Financial Review boldly stated, “Trans-Tasman pharma distributor EBOS will pay $3.75 billion to acquire TPG Capital-backed pets and vets business Greencross, details of which were […]

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Westgold Resources secures $100 million credit facility from ING and Societe Generale

Westgold Resources (ASX:WGX) has raised eyebrows in the mid-cap mining sector with the announcement of a $100 million revolving credit facility. This news comes at a time when the company boasts $217 million in cash and liquid assets at the end of the first quarter. Westgold disclosed on Wednesday morning that the credit facility is

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Moneyspot’s fast online personal cash loans: A financial overview

Moneyspot, a lending entity specialising in short-term financial solutions, offers fast online personal cash loans to address immediate financial requirements. MoneySpot uses invested money to lend to thousands of retail customers through several different consumer loan brands. The loans are up to $5,000, and the term of the loan is less than five months. The consumer

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Little Green Pharma rides the local medicinal cannabis boom but keeps its eyes on the European prize

Little Green Pharma (ASX:LGP) chief executive Paul Long attests to official data showing the rapid uptake of medical cannabis in Australia – albeit with some informal anecdotal observations. The Perth-based, ASX-listed grower and provider of cannabis oils and flowers estimates that seven years after medicinal cannabis was legalised under stringent conditions, 2.5 to 3 per

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The Nuclear Renaissance with Cauldron Energy

Jonathan Fisher serves as the CEO of Cauldron Energy (ASX:CXU). Cauldron Energy is primarily engaged in exploration activities, with a specific focus on uranium and critical minerals in the Western Australia region. During the interview, Jonathan shared insights into his background and the historical development of Cauldron Energy, with a particular emphasis on their uranium-related

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ASX closes 0.07% lower ahead of Thanksgiving

Australia’s stock markets remained stable ahead of the Thanksgiving Day holidays in the United States. Various sectors displayed a mixed performance, as gains in materials, energy, utilities, and healthcare balanced out declines in property, technology, communications, and consumer discretionary. At the closing bell, the S&P/ASX 200 was 0.07 per cent lower at 7,073.40. Futures The

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Sims Ltd’s UK scrap metal business sparks strategic review amid buyer interest

Sims Ltd (ASX:SGM), the scrap metal recycler, has received inquiries from potential buyers regarding its UK scrap metal business. The company initially announced a review of its UK operations during its annual results briefing and commentary in August. Yesterday, Sims informed the ASX that it had been approached by undisclosed parties interested in the business.

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Afternoon update: ASX down 0.12% driven by sell-off in Tech

Australian shares are tilting lower in the final hours of trading, primarily driven by a broad sell-off in tech stocks, despite chipmaker Nvidia exceeding analyst expectations in its results. The S&P/ASX 200 is trading 0.12 per cent lower at 7,069.50, while the All Ordinaries is down 0.2%, with energy, materials, and healthcare sectors partially offsetting

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