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Business, general

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Morgan bets his shirt on a break-up of WMC

Article Abstract:

WMC Managing Director and Chief Executive Hugh Morgan believes that he is not endangering the company's share price by dividing it and preventing shareholders from debating a takeover bid from Alcoa. He feels that the demerger scheme will boost the transparency of WMC's earnings.

Author: McCallum, Jan
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
Officials and employees, Interview, Aluminum industry, WMC, Morgan, Hugh

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Buyers line up for woodchip giant

Article Abstract:

The bids made for wood chip producer Northern Forest Products by a range of companies from Europe, Japan and Tasmania are examined. The company exports 3.4m tonnes per annum and expects to receive about 350m Australian dollars for the sale.

Author: McCallum, Jan
Publisher: B R W Media
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2001
Finance, Statistics, Wood pulp industry, Paper industry, Pulp industry, North Forest Products

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