METS

Untangling the mess at DRA

WHEN former managing director Andrew Naude announced his plan to step down from mining services firm DRA Global, there were no external signs of a civil war between the company’s directors, key executives and shareholders, but the fighting spilled into the open yesterday when Australia’s Takeovers Panel was asked to step in.

There's tension at DRA

There's tension at DRA

When Naude's exit after nine years was announced to the dual-listed company's exchanges two weeks ago, DRA told the markets that the man who was its longest serving director had "informed the board" he...

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