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Forum Archive Index - August 2001

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[sharechat] Daily ShareChat News Summary


From: "Phil Boeyen" <pboeyen@sharechat.co.nz>
Date: Tue, 7 Aug 2001 07:05:19 +1200


Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.

**
New Allied bid recommended

Montana's independent directors have recommended shareholders accept a
current offer by Allied Domecq to buy the stock at a price of $4.80 per
share

http://www.sharechat.co.nz/articles/20010806-MONnewalliedbidok.shtml

**
Corbans buy forces Montana earnings blip

The purchase of Corbans Wines from DB Breweries has proved to be a
short-term drain on Montana's earnings, although the winemaker believes the
benefits of the acquisition are just around the corner.

http://www.sharechat.co.nz/articles/20010806-MONfy2001.shtml

**
Approval for Nufarm delisting

Nufarm says shareholders have voted overwhelmingly in favour of its plan to
delist from the NZSE

http://www.sharechat.co.nz/articles/20010806-NUFdelistok.shtml

**
Lion long-timer new chairman

Long-serving Lion Nathan board member Geoff Ricketts has been appointed the
brewer's new chairman

http://www.sharechat.co.nz/articles/20010806-LNNnewchair.shtml

**
Telecom readies Aussie debt programme

The Commonwealth Bank has been appointed to handle a A$1.5 billion note
programme in Australia to help fund Telecom's trans-Tasman operations

http://www.sharechat.co.nz/articles/20010806-TELozdebtprog.shtml

**
Hellaby sells bikini business

Diversified trading group Hellaby Holdings has sold its swimwear subsidiary
but isn't yet saying at what price

http://www.sharechat.co.nz/articles/20010806-HBYexpozaysale.shtml

**
WAM recycles last year's result

Waste Management has had a flat first half and the outlook for the full year
is not much better, partly because of the loss of Auckland City contracts

http://www.sharechat.co.nz/articles/20010806-WAMhy2001.shtml


Best Regards

The ShareChat Team













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