Former banker and company director Warwick Kent, who led the revival of Bankwest after big losses in the early 1990s and through its subsequent privatisation, passed away this week at his home in NSW.
Coventry Group has appointed current chief financial officer Robert Bulluss as chief executive. Mr Bulluss has been acting chief executive since March, and will step down as company sec
SPECIAL REPORT: The number of hostile takeover bids confronting Australian companies may be relatively low, but disruption from sources such as activist groups and shareholder class actions is a growing challenge for directors.
The consumer watchdog has decided not to approve GPC Asia Pacific's proposed $43 million acquisition of Automotive Holdings Group's Covs Parts business on the grounds that it would substantially lessen competition.
The competition watchdog has raised concerns regarding Automotive Holdings Group's $43 million sale of its Covs Parts business to GPC Asia Pacific, which already operates the Repco chain.
Industrial products distributor Coventry Group will embark on a restructure, including warehouse closures and around 100 job losses, after it forecast an increased loss for the first half of the financial year.
The share price of Perth industrial parts and services provider Coventry Group has risen 14 per cent following the announcement of a $21 million return to shareholder
Industrial parts and services provider Coventry Group has warned earnings growth will be slim in the second half of the financial year, after lodging a narrow net profit for the six months to Decem
Coventry Group's net profit plunged 71 per cent over the 2013 financial year as the downturn economic conditions and the scaling back of capital investment hurt the industrial parts and services su
Coventry Group announced today that it has downgraded its expected net profit by about 25 per cent, and plans to exit its furniture component business.
ASG Group's takeover negotiations with potential suitors mark a trend of merger and acquisition activity in Western Australia's IT and communications sector.
Automotive Holdings Group is continuing on a path of expansion after it agreed to acquire Coventry Group's WA automotive parts distribution business and Adelaide-based freight business, Harris Refrigerated Transport.
Coventry Group shares were up more than 14 per cent at close of trade today after the company announced late yesterday it expects to record a net profit after tax of $7 million for the 2010 financial year.
Morley-based manufacturer and distributor Coventry Group Ltd has recorded a net profit after tax of $7.3 million and revenue of $245.2 million for the half year ended 31 December 2005.