“White knight” Kogan scoops up collapsed furniture retailer Brosa for $1.5 million
Australian e-commerce powerhouse Kogan has stepped in to purchase collapsed furniture retailer Brosa for the bargain basement price of $1.5 million, a week after the firm called in the administrators.
Superhero founders to buy company back from Swyftx as crypto volatility, regulatory changes sink $1.5 billion merger
Share trading platform Superhero's planned $1.5 billion merger with Australian cryptocurrency exchange Swyftx has been scrapped.
Iconic Aussie pie brand Mrs Mac’s sold to mystery buyer
The family-owned pie brand has reportedly been sold to a mystery buyer, following months of financial pressure and tough times stemming from the COVID-19 pandemic.
UK-based Frasers Group buys collapsed footwear retailer Sneakerboy
It is understood Frasers Group will retain Sneakerboy’s staff and assume employee entitlements, but will not take on any other liabilities from the business.
‘Really important to us’: Drink disruptor StrangeLove to stay weird and wonderful despite mega acquisition
StrangeLove co-founder Stafford Fox tells SmartCompany that the soft drink business will maintain its unique identity, despite being acquired by Asahi.
Byron Bay’s StrangeLove snapped up by Asahi as ultra lucrative booze-free drinks industry takes off
Asahi Beverages has acquired adult soft drink company StrangeLove for a mystery sum as a growing number of health-savvy Australians turn towards the lucrative non-alcoholic drink market and away from the boozy one.
Aussie tech startup acquired by Pfizer for $179 million after developing an app that can ‘hear’ COVID-19
ASX-listed ResApp developed a smartphone application that studies showed could identify a COVID-19 infection from a person's cough.
Clothing brand Thrills acquired by Universal Store for $50 million
Founded in 2011, the Byron Bay label sells vintage and coastal-inspired youth fashion apparel for both men and women.
Checklist: How to overcome roadblocks in a business merger
How do you successfully acquire, merge or buy out another company operating in the same professional space? Take care of culture.
Why deals don’t succeed, and the 5Ps driving great business purchases
What determines if an acquisition is successful or not? The answer is often emotion, but that's not the only reason a deal will fall through.
Seven reasons why so many business acquisitions fail
Not every business acquisition is a success, with three out of four deals deemed a failure by those involved.
As Four’N Twenty ownership heads overseas, here’s a list of iconic Australian brands now out of local hands
Four’N Twenty pies, Nanna’s baked goods, and Lean Cuisine ready meals have been sold to Hong Kong-based investment firm PAG, marking the latest round of household Aussie names to come under foreign ownership.
