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Showing 1171 - 1180 of 1259 results for "Takeover"

Bendigo Bank to pick up $7.6 million pre-tax in Cashcard takeover

AAP  |  TUESDAY, 23 MAR 2004
... Bendigo, which holds a 4% stake in Cashcard, said it will vote in favour of the scheme of arrangement giving approval to the takeover. The scheme is conditional upon approval by 75% of Cashcard shareholders and the Supreme Court. Bendigo said that based ...

Macquarie Airports gets KPMG nod for Euro fund buyout

AAP  |  THURSDAY, 18 MAR 2004
... Sydney Airport majority owner MAp hired the accounting firm to conduct an independent expert's report after announcing its takeover plan last month. MAp wants to offer 1.08 of its securities for every security in the unlisted Macquarie Airports Group ...

Telstra chairman denies Fairfax takeover was discussed

AAP  |  WEDNESDAY, 18 FEB 2004
Telstra Corp Ltd chairman Bob Mansfield today denied that the telco's board discussed taking over John Fairfax Holdings Ltd at a meeting last week. "That certainly was not the case, and no such discussion occurred," Mr Mansfield told media. Mr Mansfield ...

AMP shares surge on speculation of takeover interest

AAP  |  FRIDAY, 6 FEB 2004
... plc surged this morning as some investors believed the stocks were undervalued and on the back of speculation of more takeover interest in AMP. Both were heavily traded with more than 4.26 million AMP shares traded and nearly six million HHG shares exchanged. ...

NAB sells AMP, St George shares to offset rogue trading

AAP  |  WEDNESDAY, 28 JAN 2004
... subsidiary HHG, and local bank St George. The sale of its 4.9% stake in AMP brings to an end, at least for now, any NAB takeover aspirations for the insurer. The shares in AMP and HHG were sold to Merrill Lynch while the St George shareholding, around ...

AMP shareholders vote in favour of demerger proposal

AAP  |  TUESDAY, 9 DEC 2003
... year it is important for you to remember that AMP's underlying businesses are making money." On the issue of a possible takeover offer being made by National Australia Bank for AMP's Australian assets, Mr Willcox said that AMP would give the same response ...

NAB takeover of AMP a risk to BT if executed well: BT

AAP  |  FRIDAY, 21 NOV 2003
BT Financial Group today said a National Bank of Australia (NAB) Ltd takeover of AMP Ltd would be a risk to its business if it was executed well. NAB holds a five per cent stake in AMP and has been eyeing it as a takeover target once the troubled financial ...

Deakin and AustChoice announce intentions to merge

... company, pending shareholder approval at both companies' AGMs in December. Deakin announced plans to make an off-market takeover bid for all the ordinary and adviser shares in AustChoice. To succeed Deakin requires, among other conditions, at least 90 ...

Afternoon market wrap: Australian stocks close lower

WITH AAP  |  TUESDAY, 11 NOV 2003
AMP dropped another three per cent or 20 cents to $6.20 as NAB kept silent on its takeover intentions for the financial services group. Media stocks were also depressed, with News Corp sliding 46 cents to $12.63 and its preferred scrip losing 39 cents ...

Morning Market Wrap: Dollar hits fresh highs

... about its plans for financial services group AMP. AMP shares have continued to slide since market expectations of a NAB takeover began to fade. The Australian share market closed yesterday near a one month low as blue chip stocks continued to absorb ...