Dioceldo sydney

Photo shared by Dioceldo Sy on September 20, 2024 tagging @kev947, @jamesyap18.
Blackwater owner Dioceldo Sy in talks with PBA on bid to put up expansion team.
Blackwater owner Dioceldo Sy is proposing a dispersal draft to restore parity in the PBA. Good idea?

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Shelley Sullivan has sold her cosmetics company
It sold for an estimated $500million after five years
READ MORE: MCoBeauty founder Shelley Sullivan split: Emotional beauty boss is consoled by her mum after sudden break-up from husband Anthony

Sydney entrepreneur Shelley Sullivan has parted ways with MCoBeauty in a deal that valued the cosmetics company at an eye-watering $1billion.

Started just five years ago, the Aussie company replicates products from big-name cosmetics companies and sells them at lower prices in pharmacies and supermarkets such as Big W, Woolworths and Chemist Warehouse.

Melbourne billionaire Dennis Bastas has bought the company after his DBG Group earlier took a 50 per cent stake in the business in 2022.

He will now take full control of MCoBeauty.

The amount paid in the latest transaction hasn't been disclosed, but sources say DBG paid at least $500million, according to reports from the Australian Financial Review.

Ms Sullivan said just six months after launching MCoBeauty she was already getting takeover offers.&n

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(Bloomberg) -- A corporate tie-up in Australia has produced a parade of fortunes in an industry hardly known for extravagance.

More than 100 shareholders are officially millionaires. At least 10 are worth over $100 million. And atop the group are three billionaires, including one former intern.

Behind this blitz of riches, rare even for Australia where a decades-long mining boom has minted fortunes, is the merger of closely held pharmacy franchiser Chemist Warehouse with publicly traded Sigma Healthcare Ltd. — a deal that has created one of Australia’s largest pharmacy chains and wholesalers.

Shares rose as much as 7.6% Thursday, to trade at around A$2.95 as at 12:12 p.m. in Sydney.

The deal is hailed both as a rags-to-riches example of the Australian “battler” sentiment, and as a glaring example of how low-cost chains edge out legions of mom-and-pop pharmacies. It’s also a coming out, of sorts, for the trio who built the chain over decades largely while staying behind the scenes.

“Fifty years of toil, 50 years of grind, a bit of blood, sweat and tears and we have established

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Get to know the imports -- old and new -- of the 2018 PBA Commissioner's Cup

San Miguel Beer is the prohibitive favorite to dominate the 2018 Honda PBA Commissioner's Cup as it tries to inch closer to winning a second Grand Slam title this season.

The Beermen are in an even better position to realize that dream, now that Fil-German rookie big man Christian Standhardinger will be beefing the team up when the mid-season conference kicks off Sunday, April 22 at the Smart Araneta Coliseum.

But 11 other teams this coming conference will do everything to prevent the newly-minted four-time Philippine Cup champions from rewriting history. In fact, six of the 12 teams elected to bring in old faces, putting premium on foreign players who are already familiar with the PBA brand of play.

Justin Brownlee, Arinze Onuaku and Vernon Macklin head the list of familiar names set to lead their respective teams' championship campaigns in the import-spiced conference.

The 29-year-old Brownlee, however, won't be playing for Ginebra till he finishes his duties with the Alab Pilipinas, which booked a