Wry & Dry #7-27
Once again, a scandal in Victoria dominated the media. But not Wry & Dry’s scratchings; misbehaviour by footballers will not push aside more important matters. Such as Prince Harry and Princess Princess returning to the bosom of his family. So to speak. Elsewhere… Premier Carroll U-turns into a royal commission. Even more data to confirm that Victorians are the most unhappy about their government of all Australians. Trumpster’s tantrum phase foreign policy. AI works, until exam time. Taylor Swift is a public safety hazard. And notable DCMs.
The slowdown is becoming harder to ignore
Two developments dominated the week.
Reliance Worldwide, one of the largest holdings in clients’ portfolios, received a $ 4.75-per-share takeover proposal from Brookfield. It followed EQT’s bid for Cleanaway only days earlier. Two of our largest holdings have therefore attracted takeover proposals within a week.