The not-so Midas touch
Tuesday, 26 May 2009
The sorry saga at car servicing chain Midas has taken another twist.  ...

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Midas to be rescued by investment firm
Tuesday, 26 May 2009
Investment firm Lazard Carnegie Wylie will invest $1.65 million in a bid to gain control of collapsed automotive servicing chain Midas, but unsecured creditors of the group will only receive between 2c and 4c in the dollar under the deal.  ...

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Franchised Midas car care finds big name investors
Tuesday, 11 March 2008
Embattled franchise car care chain Midas Australia has attracted two big names to its share register. Lazard Carnegie Wylie Investment Management and former Coles Myer chief executive John Fletcher have invested in the 90-store car care chain, owned by chief ...

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Angry Midas franchisees meet in Sydney
Wednesday, 24 October 2007
On Saturday morning at the Mercure Hotel at Sydney Airport, about 45 Midas car care franchisees will meet to discuss the future of the troubled franchise system. The Midas franchise chain has been mired in controversy for several years with several franchisees ...

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New potential buyer for Midas
Friday, 07 September 2007
The troubled Midas car care franchise may have found a new buyer. There are rumours now circulating in the franchising community that Midas Australia’s owner Philip Bonney is in discussions with a new potential purchaser: Nigel Warr, the owner of Perth-based ...

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Banks move on security… NSW demands more… The cost of IT recycling… Midas sale crash fear… Succession seminars… Retail, business confidence diverge… Sweet sanity…
Tuesday, 10 July 2007
Online security threat prompts bank action Australia’s big banks are negotiating discounted PC security software for their customers to counter the dramatic increase web and email scams over the past 18 months. Online banking used to be prey only to one-time ...

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Do Not Call chaos... IR info sheet fines... Midas outrage... Labor's sole trader/contractor pitch... Dollar soars... Crazy Vodafone
Monday, 02 July 2007
Do Not Call chaos... IR info sheet fines... Midas outrage... Labor's sole trader/contractor pitch... Dollar soars... Crazy Vodafone... SMEs battle to maintain workplace culture... Economy roundup   Do Not Call chaos The Do Not Call Register is causing ...

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Customs scheme could cost big... Ads on social sites?... Midas delay, again... China FTA still in air... Too much super closes investor doors... High debt threat to rates... Mire of telco politics
Monday, 25 June 2007
Customs scheme could cost big... Ads on social sites?... Midas delay, again... China FTA still in air... Too much super closes investor doors... High debt threat to rates... Mire of telco politics... Economy round-up   New customs security scheme could ...

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WorkChoices red tape builds... Midas drama twist... Export goalposts moved... Rates rise on hold, for now... Power prices to jump... Corporate colour grab... Foster's locks up chequebook
Friday, 15 June 2007
More red tape from WorkChoices As the detail on the changes to WorkChoices is revealed, the red tape is piling up. Employers will have to provide fact sheets on the new fairness test to each of the nine million workers in the federal system – or face a $110 ...

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Start-up VC bonanza... Midas hits the skids... 'Annihilation' faces PM... New IR red tape in NSW... Top-end property jumps... Super funds super returns...
Wednesday, 23 May 2007
Tide comes in for technology start-ups A record $170 million capital raising by venture capital firm Southern Cross Venture Partners could just be the beginning of a surge in investment funding for Australian start-up and early stage companys, leading industry ...

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