The deal for the largest locally owned cybersecurity firm in Australasia will be a successful exit for Aussie PE firm BGH.
The firm is more bullish on challengers than incumbents.
The firm is now about one-third smaller than it was before the tax office conflict of interest scandal.
The new offer comes after a flurry of activity in the storage sector in recent months.
While the copper tariffs will impact the two global miners, Australia will be more directly affected by the prospect of 200% tariffs on pharmaceuticals.
The market had expected a rate cut today, with another two cuts by the end of the year.
The company offers housing to baby boomers under a structure where people buy the house and not the land.
The airline says that a ‘significant’ proportion of the Manila call centre’s database is likely to have been stolen.
The stock slumped by 17% after the chief executive’s announcement.
The telco has agreed that it took advantage of indigenous people in remote areas and people with poor English skills.