Original sentence: After having acquired the company he set about making it more competitive by reducing costs of production by installing the latest wool milling and weaving machinery.Bell bought Wigmores and becomes Bell Resources.Bond Corporation announced a record $980m loss and Elders IXL followed with an announcement of a $1.3 billion loss.This was acquired on favourable terms from a leading Belgium equipment manufacturer that was keen to enter the Australian market at that time.Unsuccessful bids were made for Carlton & United Breweries and Elders IXL but as usual, Holmes à Court's strategic corporate planning let him walk away with a profit
Edited sentence: Bell buys Wigmores and becomes Bell Resources.Bond Corporation announced a record $980m loss and Elders IXL followed with announcement of a $1.3 billion loss.He installed the latest wool milling and weaving machinery acquired on favourable terms from a leading Belgium equipment manufacturer that was keen to enter the Australian market at that time.Holmes à Court was very concerned at the impact its closure would have on the local community.Once acquiring the company he set about making it more competitive by reducing costs of production.Unsuccessful bids were made for Carlton & United Breweries and Elders IXL but as usual, Holmes à Court's strategic corporate planning lets him walk away with a profit