Many of the leading directors who signed off on some of the decade’s worst deals still remarkably remain leading corporate figures.
Tpg
Lobbyists, US big hitter slam ATO over private equity tax row
The private equity tax row continues as lobbyists and one of the richest men in the US lash the Australian Taxation Office’s attempts to levy income tax on certain private equity profits.
Rebel with a pause as private equity puts hit-and-run on hold
News that private equity has pulled another attempt to take the money and run from a poorly performing retailer again causes us to ask, just where is the added value from private equity?
ATO decision to tax TPG on Myer is on the money
Despite the claims of self-interested private equiteers and their hired help, the ATO’s decision to tax TPG’s billion-dollar Myer windfall was the right one.
ATO-TPG fight may force legislators to act curb tax favours
The emerging stoush between the Australian Tax Office and the former private equity owners of Myer should warm the cockles of the hearts of every long-suffering Australian taxpayer.
TPG is no new Dawn for Myer
Myer’s stunning profitability has garnered the brand plenty of headlines, writes our Retail Watcher — but that’s only half the story. Can the company actually deliver sustainable sales growth? It doesn’t look good.
Myer float damns former management
This is a continuing and dreadful indictment of the former leadership of Myer and its parent company Coles Myer, writes Rob Lake.
What’s going on with the Myer float? Time for some analysis
The TPG boys have done a remarkable job of hacking the bejesus out of Myer, writes a retail insider
Myer takes new product to market: itself
For potential investors in Myer’s float tomorrow one question remains: will private equity firm TPG retains shares? They will look for a show of faith to overcome concerns about the chequered history of such deals, says Elizabeth Knight.
Private equity suffering in the UK to spread downunder
UK retailer Debenhams is suffering, as are the private equiteers who own it. The really bad news is, there Australian companies stepping into the same leaky boat, writes Glenn Dyer.
