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Showing 1151 - 1160 of 1259 results for "Takeover"

Market wrap

AAP  |  TUESDAY, 13 JUL 2004
... Gold Coast companies BreakFree and S8 after they were placed in trading halts yesterday amid speculation of a double takeover by investment company City Pacific. Resources stocks could lose ground today with nickel and other base metals backtracking ...

Bruandwo offer grossly inadequate

AAP  |  MONDAY, 12 JUL 2004
The Australian Leisure and Hospitality Group said today a takeover bid by a joint venture between Woolworths and The Bruce Mathieson Group, called Bruandwo, is opportunistic and grossly inadequate. Last week, Bruandwo Pty announced its intention to ...

Rivkin Financial Services changes under fire

AAP  |  MONDAY, 12 JUL 2004
Recent changes in the shareholdings and business of Rivkin Financial Services (RFS), the company founded by disgraced stockbroker Rene Rivkin, have been challenged before the Takeovers Panel. Sofcom, a company chaired by Perth-based Farooq Khan, which ...

S&P places Woolworths on watch negative after ALH stake

AAP  |  WEDNESDAY, 7 JUL 2004
... Woolworths and The Bruce Mathieson Group (BMG), took a 16% stake in ALH late last week, sparking speculation of a $1.1 billion takeover bid. S&P said it had placed Woolworths\' A-minus rating on negative CreditWatch, reflecting a high degree of uncertainty ...

Aust govt not to raise objections to News Corp move

AAP  |  TUESDAY, 29 JUN 2004
The federal government will not raise any objections to News Corporation relocation of its place of incorporation to the United States. Treasurer Peter Costello said today the government would not raise objections to the move under the Foreign Acquisitions ...

Fitch assigns senior unsecured rating of A-minus to PBL

AAP  |  MONDAY, 21 JUN 2004
... Fitch today assigned a senior unsecured rating of A-minus to media and entertainment company PBL, which recently made a takeover bid for Burswood, the owner of the Burswood Casino in Perth. PBL's rating outlook is stable. About $2 billion of senior unsecured ...

Market wrap

AAP  |  MONDAY, 21 JUN 2004
... speaks in Brisbane and there is an expectation that Kerry Packer's PBL will unveil whether or not it will continue its takeover plan for Perth's Burswood, given that the company has changed chief executive's since the deal was first proposed.

ACCC starts legal action against Boral to prevent AdBri takeover

AAP  |  MONDAY, 7 JUN 2004
... midday (AEST) tomorrow at the Federal Court in Melbourne. The ACCC last month rejected Boral's proposed $870 million takeover of Adelaide Brighton as anti-competitive and threatened legal action if Boral were to push ahead with it. Boral said it would ...

Macquarie Bank media fund to grow to $1 bln: report

AAP  |  THURSDAY, 3 JUN 2004
... before a planned public listing down the track, according to reports today. The fund's first purchase, the $173 million takeover of regional radio operator RG Capital, was delayed yesterday but should be announced today. RG Capital is majority owned ...

Burswood directors reject PBL takeover offer

AAP  |  THURSDAY, 27 MAY 2004
Perth casino operator Burswood said today that the directors recommend rejecting the $1.40 per share takeover offer from Publishing and Broadcasting. This follows PBL's decision last month to make the offer for the remainder of the shares in Burswood ...