Kerry Stokes's diversified conglomerate says recent weakness in Boral's share price offered the perfect opportunity to pick up a piece of the building products giant.
Seven Group Holdings boss Ryan Stokes is one of 38 business leaders to be recognised in the Queen's Birthday Honours list.
Investors and analysts say billionaire Kerry Stokes is hoping to cash in on the upcoming boom in the construction sector after he acquired an unexpected stake in Boral.
Kerry Stokes,the Perth-based billionaire,is shaping up as rescuer of last resort for the debt-ridden Seven West Media group which,without a lifeline,potentially faces an existential threat.
Andy Lee understands the emotional connection men have with the game,and is now seeing how the “religion” holds the same meaning for women.
“From here on in,we will be fierce”,newly appointed CEO James Warburton announced at the Seven Network upfront in November 2019. Four months later,cracks in his strategy are showing.
Seven is banking on the family-friendly Pooch Perfect to be just the tonic the nation needs after a difficult summer.
Seven Group chief executive Ryan Stokes says the conglomerate still sees value in media after its energy and mining assets helped drive a record half year.
No matter its result on Tuesday,Seven West Media won't be getting any continuing financial support from its parent company,
The media and mining tycoon is the latest business magnate to help in the Australian bushfire crisis,promising to contribute $10 million through his companies to relief and rebuilding efforts.
TV executives are using the personality excuse rather than looking critically at the actual content of their shows.