There has been a number of significant changes at Transpacific Holdings (TPI) recently and it appears to have caught the eye of Paradice Investments
Livewire
There has been a number of significant changes at Transpacific Holdings (TPI) recently and it appears to have caught the eye of Paradice Investments. Paradice today lodged a notice of substantial holding with a 5% stake in TPI. The Company is in the midst of some significant strategic changes including the $880million sale of its New Zealand waste disposal operations. Perhaps, more significant in the eyes of investors has been the change in management at the top of the business and strong commentary around growth and efficiency. The TPI share price had a good run through the second half of 2013 and clearly the team at Paradice are looking at new initiatives and focus to build on the next leg of growth.
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise