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Showing posts from July, 2010

Niall Ferguson to speak at “Diggers and Dealers 2010”

Yes !! Its that time of  the year  again . when all the “whos who” of the mining industry  flock to Kalgoorlie  to mix business and pleasure  and have a great time at teh “diggers and dealers conference”.
So who is Niall Freguson (this years Diggers and dealers speaker) ?Professor Ferguson ( Age 46 – Born : Glasgow - Scotland ) as he is called , is  a respected economic historian and Harvard professor  once named by “Time magazine” as one of the 100 worlds most influential people . He is also the financial times contributing editor. if you do recall the last year  “diggers and dealers 2009” main speaker was “Dr.Doom – Nouriel roubini”
You can catch Niall Ferguson at his website here - .Nial Ferguson websiteIn Australia people will know him for his 2008 book “ The ascent of money: A financial history of the world”.This was also made into a televison  series screened by the ABC Australia . Interestingly enough ,  you cannot say his personal life is less controversial with him being in a r…

Healthscope on possible 2.7 Biilion takeover by TPG and carlyle

With 44 private hospitals spread throughout every Australian state and territory, Healthscope is the country’s second largest private healthcare provider behind Ramsay Health.The big private hospital operator Healthscope has squeezed out of its two suitors, TPG and Carlyle, the biggest private equity takeover in more than four years. Healthscope announced yesterday that after an exhaustive three-month process it would recommend that shareholders accept a $6.26 a share cash offer worth $2.7 billion from the pair, representing a 16 per cent premium on the closing price of $5.40 on Friday.John Durie: "The Healthscope deal makes more sense from the perspective of a private equity manager with the need to spend money than it does from a value perspective... It is the need for private equity managers to invest money at seemingly any cost to maximise their own fee earnings."Healthscope- AboutHealthscope is a leading private health care provider within Australia that uniquely operat…