News
PRESS DIGEST-Australian Business News - Jan 30
www.reuters.com
[Reuters] - A decision on whether or not to call an extraordinary general meeting with the aim of removing the directors of contract cleaner Spotless will be made by Simon Marais, the managing director of Orbis, and Simon Conn, a senior portfolio manager at
Spotless, PEP negotiations at standstill
www.plasticsnews.com
[Plastics News] - IML Senior Portfolio Manager Simon Conn reportedly said IML was happy with the A$2.68 offer and would push for a change in the board if it had to. However, Conn would not comment further to Plastics News. Spotless shareholder Sydney-based Orbis
Spotless shareholders are becoming more and more restless
www.theaustralian.com.au
[The Australian] - "We either get a higher bid or we go to an EGM," Investors Mutual senior portfolio manager Simon Conn said. Investors Mutual holds 3 per cent of Spotless. "Yes it's an option, it's always an option," Orbis Investment Management analyst Simon Mawhinney
BREAKFAST DEALS: Pacific bunker
www.businessspectator.com.au
[Business Spectator] - Investors Mutual senior portfolio manager Simon Conn was more emphatic: “We either get a higher bid or we go to an EGM.” So far, Smedley has balanced the desire that shareholders naturally have for the takeover premium with the need to make the case to
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