Plastic packaging specialist Pact Group is acquiring Jalco Group, a supplier of outsourced manufacturing and filling in the non-food fast moving consumer goods (FMCG) sector.
Jalco operates across six
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Uninspiring share market start for South32
BHP Billiton shareholders gifted stock in South32, the demerged entity containing assets deemed non-essential by the Big Australian, will have been disappointed by a rather pedestrian start to trading
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Port of Darwin bidders mull bid documents
According to the AFR’s StreetTalk column, potential bidders for the Port of Darwin have been absorbing the contents of a 220-page information memorandum and have until June 29 to submit first round bids.
Sale
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Iron ore up but views diverge on way ahead
Iron ore is up for six straight days to US$64/t. However, one financial firm sees longer term gloom and more mine closures, while another sees a rally to US$80 by year’s end.
In a report this week, Goldman
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Tough conditions for Qube’s ports and bulk division
A little of the gloss came off market darling Qube last week when the logistics business announced tough trading conditions for one of its key divisions.
After trading at up to $2.76 per share last week,
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Aurizon’s new chair faces difficult Pilbara decision
Tim Poole, who succeeds John Prescott as chairman of rail giant Aurizon in September, faces a major decision on whether to cancel, postpone or proceed with the company’s ambitious and expensive Pilbara
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