ASX Announcements
Notice of ceasing to be a substantial holder from WOW
Ceasing to be a substantial holder
- May 6, 2024
- 36 pages
This Month
Dan Murphy’s parent Endeavour posts 2.2pc sales growth
The pubs and bottle shops owner warned that market conditions have remained subdued so far in April.
- Carrie LaFrenz
Woolworths faces widening gulf with Coles in sales stakes
Brad Banducci, the departing chief executive of supermarket giant Woolworths, is losing the battle with arch-rival Coles as he prepares to bow out in September.
- Updated
- Simon Evans
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
Woolworths shareholders to pocket proceeds from Endeavour sale
The supermarket giant offloaded a 5 per cent stake in the owner of Dan Murphy’s, realising $468 million for its shares.
- Carrie LaFrenz
April
Woolworths launches $468m selldown in Endeavour; Jarden on ticket
It’s not the first time Woolworths has offloaded Endeavour Group stock since the grocer spun it off to the ASX boards.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Private equity-backed Australian Venue Co steps up pub chase
The $10b Endeavour Group put the brakes on acquisitions, but its smaller rival says it could buy 20 pubs this year “quite comfortably”.
- Simon Evans
Booming AI demand threatens electricity supply
Regulators are scrambling to factor the explosive growth of data centres into demand projections as one network warns of a 250 per cent surge in power needs.
- Ben Potter
March
Dan Murphy’s stopped selling this beer after it refused Endeavour deal
Some Endeavour Beverages’ beers were taken off Dan Murphy’s shelves after it refused to sell its trademark to the listed Endeavour Group, claims founder Ben Kooyman.
- Jemima Whyte
Think your wine comes from a boutique winemaker? Think again
An explosion in the number and sophistication of own-brand bottles produced by the largest retailers is creating a war for shelf space.
- Jemima Whyte, Simon Evans and Carrie LaFrenz
February
Dan Murphy’s owner Endeavour off to slower start in second half
Trading at its bottle shops in January softened, pinning hopes on a February turnaround and an outsized performance from Endeavour’s pubs.
- Updated
- Carrie LaFrenz
- Opinion
- Chanticleer
What we learnt from Suncorp, TPG, Endeavour, Liberty Financial’s results
Suncorp’s pre-emptive strike against price-gouging claims, TPG still looking for regional solution, Liberty Financial’s borrowers remain solid and Endeavour’s big reveal.
- James Thomson and Anthony Macdonald
- Exclusive
- Retail
Woolies CEO says shoppers want ‘value’ not ‘broader conversations’
After a bruising political bunfight over Australia Day merchandise, the Woolworths boss says shoppers want the retail giant to “focus on delivering value”.
- Carrie LaFrenz and Jemima Whyte
January
- Opinion
- Chanticleer
10 CEOs under the pump in 2024
Activist shareholders, grumpy regulators and politicians looking for someone to blame are likely to keep the heat on these leaders in the year ahead.
- James Thomson
Woolworths flags big writedowns in NZ, $200m Endeavour hit
The supermarket giant says it still has confidence in New Zealand as its transformation project progresses, and it puts more distance between itself and Endeavour.
- Ayesha de Kretser
- Opinion
- Chanticleer
Dan Murphy’s owner Endeavour finds a fragile peace
Australia’s corporate stoush of 2023 has ended with a Goldilocks solution, but the test of the truce will be the company’s operating performance.
- Updated
- Anthony Macdonald
Endeavour loses chairman in reshuffle aimed at placating investors
The changes follow months of animosity between the alcohol retailing and hotels group and its largest shareholder, billionaire publican Bruce Mathieson.
- Updated
- Carrie LaFrenz and Simon Evans
Better Beer capital raise on ice until Mighty Craft woes sorted
Comedians The Inspired Unemployed hold 42 per cent in the fast-growing beer group whose fortunes are poles apart from its ailing large shareholder.
- Simon Evans
December 2023
- Exclusive
- Chanticleer CEO poll
CEOs warn red tape, higher rates holding back investment
The country’s top energy and resources leaders say stresses from higher financing costs are being compounded by activism and unfriendly government policies.
- James Thomson and Anthony Macdonald
Major retailers threaten to siphon away $1.1b in advertising spend
Morgan Stanley says Coles, Woolworths and Amazon are taking market share from media groups. But publishers and broadcasters are fighting back.
- Sam Buckingham-Jones
- Opinion
- Chanticleer
Endeavour buys the beers to help win the war
The group has spent a lot of time listening to shareholders. On Wednesday, it gave its reply.
- Anthony Macdonald
