GUD unplugs Sunbeam
Consumer and industrials business GUD Holdings Limited (ASX: GUD) announced on Thursday it had entered into an agreement to sell the balance of its stake in Sunbeam Corporation for $35 million. The company will sell its 51% stake to its US-based Sunbeam Products Inc, which trades as Jarden Consumer Solutions. GUD shares closed up 14.2% for the week. We own shares in GUD in the investment portfolio.
1 stock mentioned
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...
most popular
Equities
The quirky trend to add to your recession ready portfolio
Sara Allen,
Livewire Markets
Equities
Signs of the bottom
Ally Selby,
Livewire Markets
Education
Are you missing this tax loophole?
Sara Allen,
Livewire Markets