The confirmation from Pacific Brands that it has been approached by KKR raises the very real possibility that for the second time in less than a decade the consumer brands group could find itself in private equity hands.
KKR
The long, slow death of private equity
The advent of Annex Funds are an admission that the private equity model is broken beyond repair and it’s desperate times for the likes of KKR, Apollo and Cerberus.
The Packer-Stokes war hots up
The dinosaurs are restless again. Australia’s last remaining putative media moguls, “Little” Kerry Stokes and “Big” Kerry’s son James Packer, are locking horns over the rump of the media empire that Kerry Packer built.
Private equity barbarians turned away at the gate
It wasn’t long ago when the mere mention of private equity players would send shudders through the veins of even the toughest non-executive chairman. No longer.
Briefly Business: Westpac. KKR, Women on boards
The real cost of systems neglect .., KKR staging a revival. … Housing is all … China overtakes US online … Women on boards bring more women to top jobs.
The AFL drug scandal: no public interest and no ethics
In the absence of any evidence to show there was a public interest in publishing the medical records of two AFL players, it appears that Channel Seven and its reporter Dylan Howard are in breach of both the television industry’s code of practice and the code of ethics of the journalism profession.
Options not the only option for Sol
While Telstra has set relatively high performance hurdles regarding the exercise of options, the poor Telstra board (like most other public company boards) just don’t get it. That is, options don’t truly align the interests of senior management with shareholders. It’s all about getting skin in the game, not just your baby toe, writes Adam Schwab.
At least Coles’ directors didn’t do a BHP…
As the value of BHP Billiton continues to break records, it is worth revisiting what has quietly become Australia’s greatest corporate blunder, writes Adam Schwab.
