Business Services Industry
Maycock's sweet start.
Australasian Business Intelligence, July, 2007
Byline: Henry Byrne
Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Jerry Maycock, the new CEO of CSR, is overseeing big changes at the 152-year-old Australian company. CSR paid $A690 million for glass manufacturer Pilkington, in its biggest deal since its 2003 demerger from Rinker Group. Guinness Peat acquired a six per cent stake in CSR, adding fuel
to ongoing rumours that the firm could be broken up into its various businesses. Maycock implies that more deals could emerge during the course of a strategic review of the company. He says that two or three "very real possibilities" have been uncovered.
Publication Date: 7 July 2007
CSR LIMITED - ASX CSR
RINKER GROUP LIMITED - ASX RIN
GUINNESS PEAT GROUP PLC -...
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