Only one buyer for Burns Philip's spices

Article Abstract:

Burns Philip's A$700 million writeoff for its spice business was shocking to the financial community at large and to Burns Philip investors in particular. The writeoff was expected to be less than A$500 million. The assets are now valued at A$150 million, and there are rumor of a takeover bid for A$240 million which leads analysts to ponder where the company derived the A$150 million valuation in the first place.

Food preparations, not elsewhere classified, Spices, Spice and Extract Manufacturing, Australia, Finance, Spice industry, Burns Philip (Australia)

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Hot time for coal

Article Abstract:

Glencore Coal is set to be floated in August 2001 and it could be the biggest of the year at more than 2 billion Australian dollars. The coal industry has been rationalised and prices have risen making the economic climate right for Glencore Coal.

Economic aspects, Investments, Coal industry, Glencore Coal

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Single gun theory of success

Article Abstract:

Issues are presented concerning the history behind the patenting and development of the super rapid-fire gun by inventor Mike O'Dwyer of Metal Storm. The time taken to bring an innovation to the market is discussed.

Innovations, Firearms, Intellectual property, Metal Storm, O'Dwyer, Mike

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