June 11, 2024

Beach Energy (ASX:BPT) has flagged more asset impairments for the year to June 30, with the total bill topping $1.1 billion. These write-downs are in addition to the cost of cutting 30% of the company’s workforce earlier this year after a new CEO, Brett Woods, took the reins at the company, which is 30% controlled […]

Struggling automotive parts retailer and distributor, Bapcor (ASX:BAP), has confirmed that US private equity group Bain Capital has lobbed a non-binding offer at around $5.40 a share, approximately $1 above Friday’s close of $4.36. The mooted offer price is a large discount to the $6 plus level the shares were trading at in late April