MINNOWS SWALLOWING UP THE WHALES When the Perth tycoon Robert Holmes a Court launched a surprise bid for A$10 billion Broken Hill Proprietary in 1983 through an unknown and minuscule company called Wigmores, he ushered in the most frenetic stage in what had already become the latest Australian corporate craze – takeovers.
The Holmes a Court tilt at BHP — where he now speaks for a menacing 29% of the capital — has for the past year brought takeovers almost nightly into the living rooms of most Australians.
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