Busy Bees enters Think takeover fray, offers $1.75 a share, topping Alceon by 29.6%

Busy Bees Early Learning Australia has made an unsolicited, conditional, non binding proposal to purchase all of Think Childcare’s outstanding securities for $1.75 in cash, just one week after the company received a $1.35 per security bid from the private equity arm of Australian investment manager Alceon Group Pty Ltd.

3 days

by Jason Roberts

ARENA MD cites “strong rebound in ELC attendances post lockdown” in AGM address

Rob de Vos, Managing Director of ARENA REIT, the social infrastructure investment trust with significant early learning centre exposure, has provided a positive snapshot of current trading trends in the Group’s Annual General Meeting address. 

6 days

by Jason Roberts

Evolve Education provides guidance update, recommences acquisition strategy

Evolve Education Group has released a shareholder update in which it advises on current profit guidance and outlines a resumption of its acquisition strategy which was temporarily put on hold due to the onset of the COVID-19 pandemic.

2 weeks

by Jason Roberts

Think Childcare releases trading update, boosts CY2020 guidance

Think Childcare Group has released a trading statement and a guidance update which confirms that its network, ex Victoria, is trading strongly, and that CY2020 Group profits will be up significantly compared to what was expected, and communicated, at the Group’s half year results in August 2020.

3 weeks

by Jason Roberts

Mayfield issues comprehensive guidance update, confirms no dividend for 2020

Victorian based early childhood education and care provider Mayfield Childcare has released its guidance for the calendar year 2020 in which it confirms expectations around operational and profit performance for the full year and highlights that no dividend will be paid this year. 

4 weeks

by Jason Roberts

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