News
Dulux slow off the blocks with bidder's statement
www.theage.com.au
[The Age] - Dulux chief Patrick Houlihan indicated on Tuesday when launching his $2 a share offer that the paperwork was not far behind, but, as of late yesterday, Alesco was telling Insider it had yet to see it. That is handy for the institutional shareholders
Mixed results for investment bank offshoots
www.brisbanetimes.com.au
[Brisbane Times] - Third, Dulux's Patrick Houlihan is backing his management's own knowledge of their business over the external viewpoints of short-term, value-oriented fund managers. And his board is supporting him - undoubtedly helped by the fact that his chairman
Alesco Jumps Most in 30 Years After Bid: Sydney Mover
www.bloomberg.com
[Bloomberg] - “The addition of Alesco would provide DuluxGroup with new platforms for future growth,” DuluxGroup Chief Executive Officer Patrick Houlihan said today in the statement. Alesco told shareholders not to take any action on the bid and its board will
THE DISTILLERY: Rates wait
www.businessspectator.com.au
[Business Spectator] - And The Australian Financial Review's Chanticleer columnist Tony Boyd noticed that Dulux Group chief executive Patrick Houlihan was a quick mover in response to the Reserve Bank's rate cut. “Houlihan, like everybody else, would have been planning on a
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