archive-au.com » AU » B » BUSINESSSPECTATOR.COM.AU

Total: 739

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Ben Wilmot - The Australian | Business Spectator
    Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Goldman s coal shoulder The investment bank giant has sold its stake in what would be the largest coal terminal on the US west coast in the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Ben Wilmot The Australian Westfield needs to lift WRT value Analyst calls for buybacks as group s plans to split get soft reception by Ben Wilmot The Australian 2 33am December 19 CBA speeds property fund exit Departure from 20bn funds empire gathers pace with CPA rights deal by Ben Wilmot The Australian 2 56am December 16 Stockland makes Glasshouse deal Property group surprises market with Sydney shopping centre buyout by Ben Wilmot The Australian 12 22am December 12 CBA to push on with CFS sale Bank seen making last ditch effort to finalise spin off plans by Ben Wilmot The Australian 2 18am December 09 Ingenia expands with holiday park deal Retirement village group to unveil latest bolt on buy in NSW by Ben Wilmot The Australian 7 11am December 03 Westfield needs to lift WRT value Analyst calls for buybacks as group s plans to split get soft reception by Ben Wilmot The Australian 2 33am December 19 CBA speeds property fund exit Departure from 20bn funds empire gathers pace with CPA rights deal by Ben Wilmot The Australian 2 56am December 16 Stockland makes Glasshouse deal Property group surprises market with Sydney shopping centre buyout by Ben Wilmot The Australian 12 22am December 12 CBA to push on with CFS sale Bank seen making last ditch effort to

    Original URL path: http://www.businessspectator.com.au/contributor/ben-wilmot-australian-0 (2014-01-13)
    Open archived version from archive


  • Ramsay to expand in France | Business Spectator
    Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Goldman s coal shoulder The investment bank giant has sold its stake in what would be the largest coal terminal on the US west coast in the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Ramsay to expand in France 2 Dec 2013 5 25 PM 1 DataRoom Mergers Acquisitions Industries Health and Pharmaceuticals Private hospitals operator to acquire mental health clinic provider Medipsy You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Private hospitals operator Ramsay Health Care Ltd will pay 149 million euros A223 47 million to expand its French business through the acquisition of mental health clinic provider Medipsy Ramsay s french subsidiary Ramsay Sante will take over Medipsy which operates 30 hospitals and more than 2600 beds from the end of December Managing director Chris Rex said the Medipsy takeover would make Ramsay Sante the third largest health operator in France It catapults Ramsay Sante into a new league and firms up the strength of our European operations he said Since entering the market in 2010 we have been carefully pursuing a broader French expansion strategy and following some successful bolt on acquisitions this deal allows Ramsay Sante to gain significant scale in France The deal will be funded through Ramsay Sante s existing cash and debt facilities with Ramsay s UK business and co owner Predica contributing additional funds Print this page Related articles 20 Dec The year in charts 10 Dec Patients doctors at odds over electronic medical records access study 05 Dec Innovation echoes down family lines 03 Dec Ingenia expands with holiday park deal 29 Nov Medibank sale advisers appointed More from Business Spectator Technology

    Original URL path: http://www.businessspectator.com.au/news/2013/12/2/health-and-pharmaceuticals/ramsay-expand-france (2014-01-13)
    Open archived version from archive

  • Medibank sale advisers appointed | Business Spectator
    Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP The federal government has appointed key advisers to prepare for the sale of health insurer Medibank Private increasing the prospects it might be announced in next year s budget Finance Minister Mathias Cormann announced that a panel to conduct a scoping study would report back in February next year so its findings can be considered ahead of the 2014 15 budget Lazard Pty Ltd is the business adviser Herbert Smith Freehills the legal adviser Ernst and Young the accounting adviser while the Australian Government Solicitor is advising on probity matters The study will provide recommendations to government on all aspects of the proposed sale including method timing costs regulatory issues and estimated proceeds The entity has previously been valued at 4 5 billion With 3 8 million members Medibank Private is Australia s largest health insurance provider and government owned Senator Cormann said there was no compelling policy reason for the federal government to continue ownership of the asset Print this page Related articles 20 Dec The year in charts 10 Dec Patients doctors at odds over electronic medical records access study 05 Dec Innovation echoes down family lines 03 Dec Ingenia expands with holiday park deal 02 Dec Ramsay to expand in France More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Lloyd Hunt Fri 2013 11 29 17 06 There may be no compelling reason for the sale not to proceed other than it is an asset that should generate dividends for the owners us And with the advisers and brokers all wanting their pound of flesh the price will be heavily discounted to get a great IPO The more appropriate wording should be there is no compelling reason for a sale of an asset such as Medibank Private Of course with the anticipated double dissolution toward the end of next year this will give the LNP a war chest of money to throw at the electorate for said election R Ambrose Raven Sun 2013 12 01 09 26 As with Americans and Camelot Howard s successors are mentally still living in Howard s variation of the financial deregulation of the Hawke Cheating era They are incapable of acknowledging the implications of the bursting of the debt driven asset price bubble created from 1980 to enrich the rich Nor that the said bubble required the then conservative national and personal balance sheets as a starting point while we are at the end point personal balance sheets leveraged to the max

    Original URL path: http://www.businessspectator.com.au/news/2013/11/29/health-and-pharmaceuticals/medibank-sale-advisers-appointed (2014-01-13)
    Open archived version from archive

  • The Distillery: Ansell's stretched glove? | Business Spectator
    cent from North America and 20 per cent from the Asia Pacific Assuming regulators have no concerns with the deal which is likely given the limited overlap in operations Ansell s North American revenue share will rise to 42 per cent above EMEA at 35 per cent and Asia Pacific at 20 per cent Meanwhile The Australian s John Durie believes the big leap forward from recent bolt on deals in the tens of millions is a sign of the direction Ansell s chief executive Magnus Nicolin wants to take Nicolin wants to follow along much the same lines as Ken MacKenzie at Amcor concentrating in key sectors where he has market leadership and protective healthcare is the new mantra Ansell is still in the condom business but surgical gloves protective clothing for the oil and gas industry and supplying the US military are its key markets Business Spectator s Stephen Bartholomeusz agrees though its lack of strategic buys in the condom sector may be more through necessity than choice In its traditional condom and surgical categories there isn t much scope for significant acquisitions but Ansell has been looking to the far more fragmented industrial and specialty categories for growth BarrierSafe is the biggest player in the industrial dental life sciences auto aftermarket and emergency medical services segments of the single use glove verticals It also has a bigger distribution system than Ansell in the US where it believes it has been under represented The deal represents Ansell s fifth purchase since July 2011 but the first above 150 million in a sign of how highly it values this deal The main question mark may surround private equity which has had its hands on BarrierSafe on several occasions over the past decade as The Australian s Tim Boreham explains A cardinal rule of business is to be wary of buying from private equity In the case of BarrierSafe Solutions the asset has been shuffled between three private equity alliances since 2004 Cognisant that BarrierSafe has changed hands more often than one of its products chief executive Magnus Nicolin says the due diligence team was especially wary of the owners stripping out research and development and marketing costs to dolly up the numbers Private equity often strips out any fat in a business to extract as much profit before selling which can leave businesses short on growth prospects and firms paying over the odds However given the multiple paid was below its own and around a similar mark to what it offered two years ago when it was outbid for BarrierSafe Ansell is confident it won t regret its latest foray into America Elsewhere Fairfax s Adele Ferguson mulls the super reforms that will be put on the table with the imminent release of a discussion paper from Treasury The government is committed to a level of mandatory independence on super boards which the industry expects it to deliver The two issues it needs to work out are how many

    Original URL path: http://www.businessspectator.com.au/article/2013/11/27/manufacturing/distillery-ansells-stretched-glove (2014-01-13)
    Open archived version from archive

  • Ansell turns to UBS for its deal of the decade | Business Spectator
    Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Ansell turns to UBS for its deal of the decade Brett Cole 26 Nov 2013 1 27 PM DataRoom Mergers Acquisitions Industries Health and Pharmaceuticals Manufacturing The acquisition of protective glove maker BarrierSafe Solutions is the Australian company s biggest acquisition since 2002 You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password For about a decade and over the tenure of three chief executives investment bankers have been calling on Ansell hoping their largely casual chats on strategy and finance would one day translate into a big deal These so called coverage bankers had ploughed a fallow field until today Ansell chief executive Magnus Nicolin has turned to UBS AG to advise and finance the company s US615 million 671 6 million acquisition of protective glove maker BarrierSafe Solutions International Inc Two years ago Odyssey Investment Partners LLC beat out Ansell to acquire BarrierSafe But like other private equity firms the competition with Ansell for the deal gave Odyssey confidence it had a ready buyer when it wanted to sell Ansell has bought BarrierSafe at the equivalent to enterprise value divided by earnings before interest depreciation and amortisation of 9 7 times based on October 2013 12 month figures or 8 4 times post synergies Value added acquisitions has been very important to Ansell Nicolin said during a conference call today We have tended to be very picky Since July 2011 Ansell has made four acquisitions US medical products and services company Sandel for US13 5 million European glove company Comasec for 118 million Brazilian protective clothing company Hercules for US77 million and South Korean glove manufacturer Midas for US41 1 million Nicolin and his chief financial officer Neil Salmon have largely put their trust in an internal deal team for these smaller strategic bolt on acquisitions But for Ansell s biggest acquisition since 2002 the year it changed its name from Pacific Dunlop Nicolin and Salmon turned to UBS Ansell s BarrierSafe purchase involved not only UBS long term Ansell coverage banker managing director Quentin Miller but his US and Australian colleagues who advise on mergers and acquisitions as well as debt and equity capital market teams UBS has provided a US300 million bridge facility to Ansell that will be taken out with long term debt in

    Original URL path: http://www.businessspectator.com.au/article/2013/11/26/mergers-acquisitions/ansell-turns-ubs-its-deal-decade (2014-01-13)
    Open archived version from archive

  • Ansell clears the barriers to the US market | Business Spectator
    Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The US615 million 671 6 million acquisition of US glove maker BarrierSafe Solutions announced by Ansell today fits within its existing businesses and its strategy well like a glove Ansell s chief executive Magnus Nicolin has made it clear that synergistic acquisitions that strengthen and deepen the group s existing product portfolio are a key element of his growth strategy BarrierSafe ticks a lot of boxes even though the deal is considerably larger than the incremental acquisitions Nicolin has previously targeted BarrierSafe has market leading positions in a number of single use glove segments of the market in the US segments in which Ansell itself has either modest positions or no presence at all Together the two businesses should have market shares above 20 per cent in most of those verticals which Ansell said today it had long targeted In its traditional condom and surgical categories there isn t much scope for significant acquisitions but Ansell has been looking to the far more fragmented industrial and specialty categories for growth BarrierSafe is the biggest player in the industrial dental life sciences auto aftermarket and emergency medical services segments of the single use glove verticals BarrierSafe also manufactures and distributes protective footwear giving Ansell a presence in a new category BarrierSafe has a bigger distribution system than Ansell in the US where it believes it has been under represented The acquisition should deliver conventional cost synergies Ansell says about US10 million a year mainly from combining and extracting efficiencies from the two supply chains The combination also ought to generate revenue synergies over time from the broader product range and wider distribution footprint Ansell will be able to sell BarrierSafe products into a much wider range of markets and geographies and vice versa Adding BarrierSafe will lift the share of revenue Ansell generates from the key North American market from 31 per cent to 42 per cent It is expected to be marginally dilutive if non recurring transaction and integration costs are included but to add to earnings per share by a low to mid single digit percentage figure in the 2015 financial year BarrierSafe has generated compound annual growth in revenues over the past six years or so of about 10 per cent with earnings before interest tax depreciation and amortisation growing even faster It should represent about 17 per cent of the combined revenues for the expanded Ansell of about US1 6 billion it will contribute about US280 million and 22 per cent or about US57 million of the combined EBITDA of about US255 million The acquisition is very material to Ansell but it says the acquisition multiple of about

    Original URL path: http://www.businessspectator.com.au/article/2013/11/26/industries/ansell-clears-barriers-us-market (2014-01-13)
    Open archived version from archive

  • Why Washington's government IT needs a health check | Business Spectator
    have never been easy for the federal government One problem say former administration officials is that agencies too often rely on established contractors Those contractors feel little pressure to innovate because there is no competition from cutting edge companies which are deterred by government red tape More nimble tech firms such as Development Seed find it hard to overcome hurdles that surround competitive bidding or dealing with risk averse bureaucrats All but one of the 47 companies that worked on HealthCare gov had done previous government work according to the Sunlight Foundation a watchdog group Obama himself says government too often gets it wrong How we purchase technology in the federal government is cumbersome complicated and outdated he said last week We might have done more to make sure that we were breaking the mold on how we were gonna be setting this up he said But that doesn t help us now Poor record Government has a poor track record in tackling large technology projects The Standish Group a research firm found that 40 percent of large federal state and local tech projects are cancelled or abandoned while only 5 percent are completed on time and on budget The research firm did not provide reasons Perhaps the only thing that makes HealthCare gov exceptional is its high visibility It s not an unusual screw up said Charlene Frizzera a former acting head of the Centers for Medicare and Medicaid Services CMS the agency overseeing implementation of the Patient Protection and Affordable Care Act which passed in 2010 Even an effort to streamline the way the government buys goods and services came in years late at twice the anticipated cost That website SAM gov crashed shortly after going live in 2012 and is still riddled with glitches The HealthCare gov site illustrates the divide between companies specializing in government work and the freewheeling start up culture that flourishes in Silicon Valley and other tech hubs Development Seed did not bid on the healthcare project It was brought in as a subcontractor by a top official at the Department of Health and Human Services HHS who admired its emphasis on simplicity and open source design the practice of releasing software code to the public so outsiders can spot flaws and suggest fixes This is cutting edge sort of where things are going HHS chief technical officer Bryan Sivak said of Development Seed at a conference in March Development Seed reduced the number of computer servers involved in its part of the website from 32 to two minimizing potential failure points and finished work in June Gundersen said officials like Sivak a former tech officer for the state of Maryland and the District of Columbia ultimately had limited control We ve probably got one of the most visionary guys that actually gets code from a tech background being the chief technology officer Gundersen said of Sivak And still he can t turn the battleship Inside track As Development Seed finished its work

    Original URL path: http://www.businessspectator.com.au/article/2013/11/20/technology/why-washingtons-government-it-needs-health-check (2014-01-13)
    Open archived version from archive

  • Andy Sullivan - Reuters | Business Spectator
    history of disappointment a clean set of financial numbers is needed to restore confidence Politics Australian Election Federal Budget International News Asia Europe USA National Affairs Latest stories Gagging visas are an attack on democracy The skyrocketing price of a journalist visa for Nauru will limit coverage of Australian prisoners on a vassal state It is an insult to the democratic principles this country stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories REVIEW Nokia Lumia 1520 The Nokia 1520 sports a number of key upgrades that bring it the Window s phone platform to parity with its Android competition But does this phablet do enough to sway attention from its rivals Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Goldman s coal shoulder The investment bank giant has sold its stake in what would be the largest coal terminal on the US west coast in the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Andy Sullivan Reuters Why Washington s government IT needs a health check A neglect modern web development processes has thrown the US ambitious digital health project into disarray and cast doubt over the Obama administration s government IT prowess by Andy Sullivan Reuters 9 03am November 20 Search Markets Global Indices Index Last Chg Chg DOW JONES 16437 05 7 7 S P 500 1842 37 4 2 0 2 NASDAQ 4174 66 18 5 0 4 FTSE 100 6739 94 48 6 0 7 NIKKEI 15912 06 31 7 0 2 Hang Seng 22846 25 58 9 0 3 The Spectators REVIEW Nokia Lumia 1520 Krishan Sharma 2 min ago The

    Original URL path: http://www.businessspectator.com.au/contributor/andy-sullivan-reuters (2014-01-13)
    Open archived version from archive