Aveo parent FKP is still under a takeover offer by Lend Lease at $5 per share. In a vote of confidence, Mulpha International an existing major investor in FKP this week spent $19.8 million to increase its shareholding from 15 to 16.6 percent, paying $4.60 per share. If Lend Lease did win its takeover tomorrow, Mulpha would immediately make $1.7 million.


RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
