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Markets today: Wall Street grinds higher, ASX set to rise

Markets today: Wall Street grinds higher, ASX set to rise
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Metcash in $300 million cash call to fund Superior Food, bolt-ons

The proceeds will fund the purchase of Quadrant Private Equity’s Superior Food Group, as well as a couple of bolt-on acquisitions. ....

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MTS ASX: Metcash appoints former Richard Murray to run tools franchise

The businessman abruptly left Solomon Lew’s Premier Investments in August and was previously chief executive at JB Hi-Fi. He starts at Total Tools this month. ....

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ASX MTC: Metcash moves to buy all of Total Tools

Total Tools chief executive Paul Dumbrell will step down after more than five years in the top job. ....

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Loopholes big enough to drive logging trucks through

It’s all very well to have eco labels for timber and free trade agreements that suggest that rainforest and other timber be sustainably sourced and labelled. But it’s not happening. ....

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