Trade war fears rattle markets: Aus shares close 2% lower
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SUMMARY
23 Mar 2018 - Market Wrap Report: Webjet (ASX:WEB) announced it inadvertently overstated its recently purchased business, JacTravel’s depreciation and amortisation and as a result increased its results for the business. Tabcorp Holdings (ASX:TAH) has priced a US$1.4 billion issue of long-term notes to investors in the US private placement market to repay the $1.8 billion (AUD) bridge financing facility for the merger/combination with Tatts Group. Fisher and Paykel’s (ASX:FPH) Optiflow nasal high flow therapy has shown significant benefits for children. Plus more news on companies and markets.
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SUMMARY
23 Mar 2018 - Market Wrap Report: Webjet (ASX:WEB) announced it inadvertently overstated its recently purchased business, JacTravel’s depreciation and amortisation and as a result increased its results for the business. Tabcorp Holdings (ASX:TAH) has priced a US$1.4 billion issue of long-term notes to investors in the US private placement market to repay the $1.8 billion (AUD) bridge financing facility for the merger/combination with Tatts Group. Fisher and Paykel’s (ASX:FPH) Optiflow nasal high flow therapy has shown significant benefits for children. Plus more news on companies and markets.
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