Biotech company Admedus has completed an oversubscribed $8 million share placement as it looks to push marketing for its CardioCel regenerative tissue product in Europe and the US.
Andrew Forrest has emerged as a surprise backer of Energy and Minerals Australia, taking a major stake in the Perth-based uranium explorer through a much-needed $12 million investment. EMA has also struck a debt-for-equity swap with its noteholders.
Andrew Forrest's Minderoo Group has emerged as the surprise buyer of the state's largest beef processor, Harvey Beef, quashing speculation that the company would be sold to Chinese interests.
Former Perth lawyer Nick Grono will return to Europe to run a new anti-slavery fund backed by his most recent boss, iron ore magnate Andrew Forrest, and other leading philanthropists.
Mining billionaire Andrew Forrest has further enhanced his credentials as one of the nation's leading philanthropists with a pledge of $65 million to Western Australia's universities.
Andrew Forrest's philanthropic efforts are as restless as the iron ore magnate himself. Recent changes appear to be part of a restructuring of his various private and charitable interests under the new brand of Minderoo.
