When the music stops...

Article Abstract:

A number of those who have succeeded in business and reached the Rich 200 list have decided to start all over again rather than retire and enjoy themselves. Some examples of this are described, including Len Ainsworth who left Aristocrat Leisure, a maker of poker-machines, in 1994 and then started another company, Ainsworth Game Technology.

Psychological aspects, Australia, Executives

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Hedge sitting can get prickly

Article Abstract:

Issues are presented concerning the hedging losses which have been incurred by MIM Holdings and Pasminco when they became tied into hedging policies which were not favorable. The hedging of other companies in the mining sector is discussed.

Economic aspects, Mining industry, Economic policy, Hedging (Finance), MIM Holdings Ltd., Pasminco Inc.

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Lion Nathan needs a drink

Article Abstract:

The financial performance of the drinks manufacturer Lion Nathan, following its withdrawal from its takeover of Montana Wine, is discussed. Lion's plans to diversify from its core product of beer, into wine, are examined.

Mergers, acquisitions and divestments, Finance, Alcoholic beverage industry, Brewing industry, Breweries, Wine industry, Wineries, Allied Domecq PLC, Lion Nathan Ltd., Montana Group Ltd.

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