Frank PR Bolsters Senior Team As Andrew Bloch Steps Down menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The 2021 financial year: ‘It’s been a mixed bag’
Today marks the start of a new financial year, and the end of the first full financial year Australian Securities Exchange (ASX) listed companies have had dealing with COVID-19, closed borders, lockdowns and more.
Here, the Mumbrella team takes a look at the highs and lows of the past 12 months for listed advertising, marketing, media and research companies.
July 1, 2021 9:55
by MUMBRELLA TEAM
For the most part the Australian economy has weathered the pandemic relatively well, thanks to unprecedented monetary and fiscal policy stimulus, and resilient consumer confidence. The Australian sharemarket went up 24% the past 12 months, however, not all businesses have bounced back from the turmoil simultaneously.
Enero appoints group strategy and M&A director, signalling expansion intentions
July 1, 2021 10:45
Sydney-based global agency group, Enero, has appointed Nick Burton as group strategy and M&A director, signalling a potential sign of things to come on the first day of the new financial year.
Burton will be based in the Enero Group headquarters in Sydney, and will be responsible for developing and executing the Group’s growth strategy and mergers and acquisitions activities.
Burton joins Enero after spending four years at global consultancy, Bain & Company in both London and Sydney. He was most recently senior manager, leading projects focused on corporate strategy and transformation for enterprises, also working with private equity investors, assessing potential acquisition targets.
Enero sells stake in Frank PR as part of management buyout
March 3, 2021 11:07
Enero Group Limited has sold its interest in Frank PR as part of a management buyout by founder and chairman Graham Goodkind and managing director Alex Grier.
Goodkind and Grier were two of Frank PR’s existing 25% minority shareholders, with Enero holding a 75% stake.
In an ASX announcement, Enero revealed it has now sold the agency which was originally acquired in 2007. Frank PR’s Australian operations shuttered in 2020.
Enero will recognise a non-cash loss on the sale of approximately $9.5 million to $10 million, before income tax, and after allowing for cash consideration of $1.5 million for the 75% stake.
Enero (ASX:EGG) share price falls despite being up over 45% in a month fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.