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Company News
Blackmores greenlights $1.8b Kirin takeover, Kogan remains profitable as sales soften and Megaport reveals higher EBITDA guidance
Shares in Australia’s largest health supplement group Blackmores (ASX: BKL) surged this week after it revealed Japan’s Kirin had made a $1.8 billion offer. Blackmore’s board and major shareholder Marcus Blackmore have given the acquisition the green-light. Mr Blackmore had an 18% stake in the company his father founded, and sold his holding to Kirin […]
Health and wellness stocks that deliver prosperity and vitality
It seems the only advertisers these days are Harvey Norman, sports betting shops and Chemist Warehouse and Priceline with their pages of pills and unguents. Indeed, the term “health and wellness” might be overused and even tautologous, but tell that to the average households that spend many billions of dollars annually on cosmetics, dietary supplements […]
Blackmores subsidiary BioCeuticals and Fiji Kava complete milestone agreement
Medicinal wellness company Fiji Kava (ASX: FIJ) has unveiled a major new agreement with Blackmores’ (ASX: BKL) subsidiary BioCeuticals to develop a co-branded product for the Australian and New Zealand markets. Minutes after cutting the red ribbon on the “milestone” deal and making it public, Fiji Kava’s shares were temporarily paused on the ASX “pending […]