Street Talk understands Living Gems has struck a deal to sell eight land-lease communities to Avid Property Group, which already owns a portfolio of 45 developments.
The beef giant saw a drop in profits as rivals pushed more meat into the market and costs rose.
A plan to produce green steel will now be pushed out until 2027, the company said. It is already grappling with issues that have shut down the furnace.
Where the government can make a real difference is getting the basics right; starting with environmental approval processes is just too hard.
Jakob Stausholm won’t rule out entering the acquisition fray, but told investors he doesn’t want big transactions to derail his recovery mission at the miner.