STEVEN Preston and Manito Pty Ltd have been stopped from
providing unlicensed superannuation advice by the Australian Securities and
Investments Commission.
PERTH was home to Australia’s largest private equity transaction of 2004 when heavy equipment supplier Emeco International was sold to GS Private Equity and Pacific Equity Partners (PEP) for a price believed to be about $450 million.
AUTOMOTIVE parts business Coventry Group has made its third
acquisition in six months, this time snapping up Alice Springs-based Southcott
Auto Centre for $500,000.
THE boom conditions on the Australian stock market in 2003 laid a solid foundation for 2004, with most broking firms reporting improved totals in the WA Business News 2004 equity capital raising survey.