Media group, Fairfax (FXJ) has returned to profitability, posting an improved $83.9m full year profit for the 12 months to June 30 and provided details on its planned Domain IPO. While underlying earnings (not including significant items) went backwards over the year, EBITDA came in ahead of market expectations. The... Show More
In The Australian Financial Review I argue that the private equity buyers circling Fairfax should consider the embedded optionality inherent in the development of what I call the "Financial Amazon" business model that could be worth multiples Domain and transform the way banks compete to provide their products to customers... Show More
Livewire readers will undoubtedly be aware that Fairfax Media is now firmly in play. The revised, indicative proposal by the TPG consortium whereby they would acquire all outstanding shares in FXJ at a price of $1.20 cash per share was the biggest financial markets news story of the day (including... Show More
The Australian healthcare sector is being turned on its head. Which stocks will benefit, and which have the most to lose? Show More