Hardie Grant buys-out founding investors
July 22, 2021 8:28
Hardie Grant has announced the buy-out of its founding investors.
The announcement:
Hardie Grant was founded in 1997 by Fiona Hardie and Sandy Grant, with support from Associated Media Investments (AMI) as a start-up investor. The Australian company has since grown to be a globally active, diversified business with offices in Melbourne, Sydney, London and San Francisco, 200 staff and revenue over AU$100m.
Since its inception shares have been acquired by founding member and current Hardie Grant Publishing Group Managing Director, Julie Pinkham, and publishing veteran Ian Webster. Both, alongside the Hardie-Grant family have now acquired all AMI’s shares, securing the company’s commitment to being an independent, Australian-owned business.
Australia s Hardie Grant Completes Buyout
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St. Vincent nurses in Massachusetts in fourth week of strike for safe staffing
Nurses at St. Vincent Hospital in Worcester, Massachusetts are entering the fourth week of strike action. St. Vincent is owned by Tenet Healthcare, a Dallas, Texas-based conglomerate that has so far spent at least $22 million to hire strikebreaking replacement nurses. After a series of federally mediated negotiations, the nurses, represented by the Massachusetts Nurses Association, took their demand for safe ratios and patient care to the picket line on March 8 .
Roughly 700 nurses maintain the picket in shifts. Two entrances, one to the parking garage and to the loading docks, have become hotspots. Last week, the hospital installed two surveillance towers to monitor both entrances 24/7, under the pretext of maintaining safety. Worcester police officers, paid for by the hospital to keep the entrances open at a rate of $30,000 a day, installed a surveillance camera of their own.
St. Vincent Hospital nurses in Worcester, Mass. in second week of strike for safe staffing ratios
Nurses at St. Vincent Hospital in Worcester, Massachusetts, have entered their second week of an ongoing strike. They are demanding that Tenet Healthcare, which owns St. Vincent Hospital, agree to establish strict ratios for safer patient and workplace conditions. The roughly 700 nurses on the picket line, members of the Massachusetts Nurses Association, have been joined by other health care workers, including personal care assistants (PCA), pulmonary technicians and housekeepers, who face similarly dangerous conditions at the hospital.
On February 10 the nurses gave 89 percent approval to authorize a strike. Negotiations resumed the next day but quickly stalled again, as hospital management refused to address their central concern: assignment limits of four patients to every nurse on medical-surgical floors.
St. Vincent Hospital nurses strike in Worcester, Mass. over unsafe staffing ratios
At 6:00 a.m. on Monday, March 8, 800 nurses at St. Vincent Hospital in Worcester, Massachusetts began an open-ended strike. This is the first strike at the hospital in 20 years by nurses. They are members of the Massachusetts Nurses Association and have been working without a contract since 2019.
St. Vincent nurses are demanding improved staffing ratios because the current ratio of 5 patients to 1 nurse on medical-surgical floors is unsafe, leading to preventable complications, injuries and deaths. Nurses want the ratio set to 4 to 1. The staffing ratio has been their main concern since contract negotiations began in November 2019.
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