Another winner this year has to be Aveos Justin Laboo. This time last year he had Stockland prowling for a takeover of the retirement assets [Aveo] from FKP. 12 months later Stockland's share price is in the doldrums and the company has openly stated it is no longer pursuing the expansion of its 15% FKP interest (or its similar interests in Aevum). Meanwhile Aveo has ramped up its sales and its profitability, making it the star in the FKP group.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...