Business Services Industry
Investec joins Miller's board.(Miller's Retail Ltd.)(Investec Bank (Australia) Ltd.)(Brief Article)
Australasian Business Intelligence, February, 2005
Feb 15, 2005 (The Sydney Morning Herald - ABIX via COMTEX)
Investec Bank's Geoff Levy is the new chairman of troubled Australian discount retailer Miller's Retail. Miller's chairman Ron Baskin is due to retire in March 2005. Investec has joined forces with Miller's MD Gary Perlstein to buy a stake in the company. Their combined holding is put at 15.8 per cent. Investec Wentworth MD John Murphy is also joining the Miller's board in March. Another board appointment is Joel Bloom, the founder of Go-Lo Variety Stores. Miller's shares fell $A0.02 to $A1.04 on 15 February.
Publication Date: 16 February 2005
MILLER'S RETAIL LIMITED - ASX MRL:
INVESTEC BANK (AUSTRALIA) LIMITED:
INVESTEC WENTWORTH PRIVATE EQUITY
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