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Dunne to leave REDgroup
Acting CEO of REDgroup Retail Australia Gary Dunne will finish in his position with the company at the end of next month. Dunne has been appointed as the new general manager of healthcare at Sigma Pha...
PEP-nominated REDgroup directors step down ahead of possible DOCA or sale
REDgroup Retail owners Pacific Equity Partners (PEP) has confirmed that its nominees to the board of directors at REDgroup have resigned 'with effect from 31 March 2011'. The statement follows the Wee...
NZ court clears Warehouse takeover bid
By overturning an earlier ruling from the country's Competition Commission, New Zealand's High Court has opened the way for a takeover of discount retailer The Warehouse. The most likely b...
PEP launches bid for Borders
Pacific Equity Partners, the private equity owners of Angus & Robertson in Australia and Whitcoull's in New Zealand, has lodged an ‘indicative bid' for the 24 Borders stores in both cou...
APA 'outraged' by A&R publisher contributions; criticism grows from trade and public
The Australian Publishers Association (APA) has taken the unprecedented step of publicly criticising a book retailer, with the association releasing a statement today (Friday) stating that its members...
PEP taking a 'close look' at Borders
Private equity company Pacific Equity Partners (PEP), the owner of Angus & Roberston in Australia and Whitcoulls in New Zealand, is reportedly ‘closely looking at a deal' to buy the 24 Borde...
Coles rejects Wesfarmers/PEP bid; KKR back in the running
The ongoing saga of who will own the Coles Group has taken another two turns in recent days. First, the board of Coles rejected the $20 million bid by Wesfarmers and PEP made last week, say...
ARW's owner in bid for Coles
In what would be the biggest corporate takeover in Australian history, Wesfarmers (which owns the Bunnings DIY chain) and Pacific Equity Partners (PEP, owner of Angus & Robertson Whitcoulls) have ...
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