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Showing 101 - 110 of 134 results for "New Zealand business"

AXA and Wealth.net split poses planner risk

RUTH LIEW  |  MONDAY, 7 JUN 2010
... its options regarding the ACCC's decision to block the bank's proposed acquisition of the Australian and New Zealand business of AXA Asia Pacific Holdings (AXA APH). The bank hopes to appease the ACCC by potentially divesting the North Wealth.net investment ...

NAB addresses ACCC concerns

ASX STATEMENT  |  FRIDAY, 4 JUN 2010
... Competition and Consumer Commission's decision to block the bank's proposed acquisition of the Australian and New Zealand business of AXA Asia Pacific Holdings (AXA APH). Back in April, ACCC blocked the NAB bid because it was concerned about competition ...

NAB gains more time on AXA deal

ASX RELEASE  |  TUESDAY, 1 JUN 2010
AXA Asia Pacific, AXA SA and NAB have each agreed to extend the period for NAB to satisfy concerns raised by ACCC till 15 June this year. The Australian Competition and Consumer Commission (ACCC) said last month it would oppose NAB's proposal to buy ...

AMP seeks NZ regulator approval for AXA bid

PRESS STATEMENT  |  TUESDAY, 4 MAY 2010
... has applied to the New Zealand Commerce Commission for clearance to buy AXA Asia Pacific's Australian and New Zealand business. AMP's application will be scrutinised by the New Zealand commission to determine whether the acquisition would lower competition ...

NAB clashes with ACCC decision

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
National Australia Bank has spoken out against the ACCC's verdict to block its bid for AXA - and is exploring a "range of actions" to continue its pursuit of the firm. In a press statement released late yesterday, NAB said it "does not agree with the ...

NAB a step closer to buying AXA

COMPANY RELEASE  |  WEDNESDAY, 31 MAR 2010
National Australia Bank has reached binding terms with French company AXA and AXA Asia Pacific to buy the firms' Australian and New Zealand businesses for $4.6 billion. According to a press statement released yesterday, the deal includes a proposal ...

NZ Super buys Shell assets

PRESS RELEASE  |  MONDAY, 29 MAR 2010
... Shell brand as part of the agreement. Mark Williams, downstream director at Shell, said the company sold the New Zealand business to simplify its global portfolio and concentrate on larger, integrated assets in growth markets. Rob Jager, country chair ...

AXA APH extends deal with NAB

MICHAEL HOBBS  |  MONDAY, 22 MAR 2010
... The terms deed refers to NAB's proposal to buy 100 per cent of AXA APH including AXA APH's Australian and New Zealand business and offload the French company's Asian businesses to AXA SA. According to a statement from AXA, the discussions between AXA ...

AMP and AXA SA propose final offer

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
AMP and AXA SA have sweetened the bid for AXA Asia Pacific, increasing the cash component of the proposal in a move that the firms said is their best and final offer. The revised proposal means AXA Asia Pacific's minority shareholders are being offered ...

Van Eyk ventures into NZ

COMPANY RELEASE  |  TUESDAY, 8 DEC 2009
Van Eyk Research has taken its first major step into the New Zealand market with the signing of AMP Financial Services New Zealand as an anchor client. Van Eyk chief executive Mark Thomas said the firm has watched closely the emergence of the Kiwi Saver ...