APM Human Services has delivered its first set of financials as a private operator again, as the dust settles on the US-based Madison Dearborn Partners' $1.3 billion acquisition.
APM Human Services International's tumultuous three-year stint as a listed company is set to end this month after shareholders backed a $1.3 billion private equity takeover.
Megan Wynne-chaired APM Human Services has disclosed a major write-down in the value of goodwill from its prior acquisitions in a draft scheme submitted with financial regulators.
Michael Anghie-led APM Human Services International has entered a trading halt, pending an update regarding its non-binding acquisition proposal from US-based Madison Dearborn Partners.
APM Human Services has received a “disappointing” cash offer from its second largest shareholder Madison Dearborn Partners, 80 cents below the previous bid.
Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA's gas market; and resource export outlook.
APM Human Services International's board has recommended that its shareholders support a revised conditional, non-binding offer of $2 per share from CVC Asia Pacific in a bid to take over the company, according to chief executive officer Michael Anghie.
APM Human Services International's board has unanimously rejected a takeover bid from CVC Asia Pacific Limited, saying the offer didn't reflect the company's true value.
APM Human Services International shares plunged more than 40 per cent today, substantially eroding the net worth of rich list founder Megan Wynne, as the market reacted to a forecast half year profit fall.
A series of share transfers and company restructures over the past six months mean that Andrew and Nicola Forrest will have a roughly equal split of their $34 billion fortune.
APM Human Services has secured a further $200 million debt facility, taking its total debt to over $1 billion, after entering a series of acquisitions.
Politician-turned-professional director Ben Wyatt is on track to take up his seventh board role, a non-executive directorship with multi-billion-dollar human services provider APM.
Resources billionaire Gina Rinehart has been named Australia's wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.
APM Human Services has tabled its first half-yearly report since debuting in a $982 million IPO last year, reaffirming its commitment to a dividend while posting a $42.7 million net loss.
A property developer linked to two contentious Nedlands proposals has secured 2,000 square metres of riverside real estate in Dalkeith for $12.4 million.
Perth business woman Megan Wynne attracted national headlines last month when she was hailed as Australia's newest billionaire, yet recent disclosures by her company indicate that was never the case.
Shares in mega stock market float APM Human Services International made a soft start today, falling slightly but still leaving the company worth more than $3 billion.
APM founder Megan Wynne will become a billionaire when it lists on the ASX, with a prospectus lodged with ASIC showing the company will have a $3.3 billion market capitalisation.
Privately owned Perth company APM has established a powerful advisory board ahead of a likely ASX listing, with new appointments led by Ben Wyatt and Nev Power.
West Perth-based human services company APM has appointed Goldman Sachs and Gilbert + Tobin to assess a stockmarket float likely to be worth in excess of $1.5 billion.
Perth-based human services firm APM Group has attracted a new majority shareholder after three years of strong growth that has seen it nearly triple staff numbers to 6,500 across 10 countries.
EY's Perth managing partner, Mike Anghie, is planning to join APM as its chief executive, four months after advising Quadrant Private Equity on the purchase of a 60 per cent stake in what is Australia's largest privately owned human services company.