ABC gets $22m in state aid to stay open
CAROL NADER The Federal Government chips in $22m to ensure ABC Learning keeps its child-care centres - many of them unprofitable - open.
ABC crisis hurts Fantastic
Toy company Fantastic, whose brands includes The Wiggles and Power Rangers, fears ABC Learning's receivership could hurt its earnings.
Banks' ABC, Allco exposure tops $1.6b
Australian banks carry $1.6b exposure to failed ABC Learning and Allco Finance.
Funding black hole at ABC Learning
VANDA CARSON THE receivers of ABC Learning Centres are still trying to work out how much cash will need to be injected into the business to ensure the doors of centres remain open, and the figure is likely to reach into the hundreds of millions.
Nanny state will babysit ABC kids
STEPHANIE PEATLING AND VANDA CARSON THE Federal Government will spend hundreds of millions of dollars to ensure all 1100 ABC Learning child-care centres stay open.
Canberra to help run ABC
VANESSA O'SHAUGHNESSY AND TOM ARUP Corporate recovery specialist will run Australia's biggest child-care provider - with assistance from secured creditors and the Federal Government.
Child-care rescue
ELIZABETH KNIGHT
Sorting out the mess around the insolvency of ABC Learning is no simple matter. While in any corporate demise there are a range of stakeholders, in this unique situation there are tens of thousands of nappy-clad and snotty-nosed ones with desperate parents - all of whom vote and all of whom have bank accounts. It may not be the biggest corporate collapse but its ramifications are huge.
ABC Learning Centres to stay open
TONY MOORE
ABC Learning Centres throughout Australia will re-open tomorrow and open again on Monday, receiver Chris Honey told a media conference in Brisbane, this afternoon.
ABC child care goes under
VANDA CARSON
ABC Learning's board has thrown in the towel, but the company's child-care centres will remain open.
ANZ slumps on ABC exposure
ANZ shares slump after the bank reveals a $182 million exposure to failed ABC Learning.
Last rites as ABC set to go under
VANDA CARSON ABC Learning remains on the brink of collapse, with its board meeting to prepare to hand over running of the company to an insolvency firm.
ABC Learning teeters on the edge
ABC Learning says it is discussing its future with stakeholders, amid reports it will be placed into receivership.
ABC operations feel pinch
COLIN KRUGER, SYDNEY ABC Learning Centres fail to meet latest self-imposed deadline for release of financial accounts.
ABC staff fights with employment agencies
COLIN KRUGER ABC Learning Centres has failed to meet the latest self-imposed deadline for the release of its financial accounts and would not give any indication of when it might be released, but this may be the least of the child-care operator's problems.
ABC stuck in earnings sin bin
ABC Learning delays its earnings for a third time as the child-care provider battles to get its accounts in order.
Concerns as ABC calls off 123 takeover
COLIN KRUGER ABC Learning Centres has called off the $70 million acquisition of the child-care recruitment company 123 Careers and cancelled plans for further expansion in Australia, but company executives did not deny that the company faced collapse.
Floodgates open on dark nights at ABC
SIMON O'BRIEN THE former chief executive of ABC Learning Centres, Eddy Groves, spoke yesterday of the dark moments he experienced during his company's collapse.
ABC Learning set to reveal all
COLIN KRUGER ABC Learning's board is expected to rebuff concerns about the child care operator's solvency with the delivery of its audited results this month, but its longer term future remains in question.
ASIC was warned about ABC's licences
COLIN KRUGER
THE Australian Securities and Investments Commission was warned more than two years ago that questionable accounting practices at ABC Learning Centres may overstate the value of the company and mislead potential investors, but the regulator declined to take action.
ABC postpones the inevitable - again
COLIN KRUGER Doubts are growing about the survival of ABC Learning Centres.
ABC stays vague on result release date
The child-care operator expects to finally release its 2008 results by the end of the month, and appoints a new CFO.
ABC Learning sells UK business
ABC Learning sells its UK voucher business to Computershare, but doesn't say when it will release its overdue annual results.
ABC Learning board staying put
ABC Learning Centres Ltd chief executive Eddy Groves says neither the board nor shareholders of the childcare provider have indicated they want him to step down.
ABC's Groves 'can't tell' when results will be ready
ABC Learning Centres says it won't be able to releases its annual results today as planned.
ABC Learning seeks 4-day trading halt
ABC Learning Centres, Australia's biggest childcare provider, requested a voluntary suspension of its shares from quotation on Monday in order to finalise its full-year results and prior period adjustments.
ABC woes go on: more revisions
VANDA CARSON ABC Learning Centres has had a disastrous six months, and there is more bad news to come this week with trading in its shares halted pending further revisions of past earnings.
ABC Learning in trading halt
Shares in embattled child-care operator ABC Learning have been placed in a trading halt, ahead of an announcement.
ABC offloads British outfit to Computershare
COLIN KRUGER ABC Learning has finally offloaded one of its British businesses, Busy Bees Childcare Vouchers, as the company unwinds its recent acquisition binge and pays down a $1 billion debt called in by its bankers.
ABC sells UK vouchers business
ABC Learning to sell its UK vouchers business to Computershare for $195.3m.
Writedowns hit ABC profit
ABC Learning sees a pretax loss of $437 million for the fiscal year due to additional writedowns and provisions.
The ABC of lawyering
MICHAEL WEST
Lawyers have ABC Learning's Eddy Groves in their sights over disclosure issues that sparked a $1b share rout.
