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Showing 1211 - 1220 of 1259 results for "Takeover"

AMP announces AG Holdings settlement

... Australia Holdings Limited (formerly GIO Australia Holdings Limited) has reached a settlement in proceedings related to the takeover of GIO in 1999. However, the settlement remains subject to approval by the Federal Court, which will be sought as soon ...

AMP announces impacts of changes to its listed property trust

... LPTs - AMP Shopping Centre Trust, AMP Diversified Property Trust and AMP Industrial Trust - were recently subject to takeover offers, which were recommended by AMP Henderson as the responsible entity. Changes are now proposed to the remaining LPT, the ...

Investa needs 45% stake in POF takeover to have chance: Analysts

WITH AAP  |  TUESDAY, 5 AUG 2003
Investa Group Ltd would have to build a 40 per cent to 45% stake in takeover target Principal Office Fund (POF) to have any chance of toppling POF's own alternative proposal, analysts said today. Analysts said the alternative proposal, put forward by ...

Stockland reports 74% drop in net profit for 2002-03

Stockland said today its takeover of AMP Diversified Property Trust (ADP) provided it with a strong platform going forward; despite posting a 74 per cent drop in net profit to $64.4 million for the year ended 30 June 2003. Included in this figure is ...

POF posts $92.5 million net profit

Takeover target Principal Office Fund (POF) said the Australian office market would begin to stabilise after its 2002/03 profit was hit by falling demand. POF posted a net profit of $92.5 million for the year ending 30 June 2003, down 6 per cent from ...

ACCC not to intervene in Westfield's takeover of AMP Shopping Centre Trust

The Australian Competition and Consumer Commission (ACCC) will not intervene in the Westfield Trust's takeover for units in the AMP Shopping Centre Trust, ACCC chairman Graeme Samuel said today. "The ACCC decided that the acquisition would not be likely ...

POF advises unitholders of alternative takeover proposal

WITH AAP  |  THURSDAY, 17 JUL 2003
Principal Office Fund (POF) today advised unitholders of its alternative proposal to the hostile $1.5 billion takeover bid from Investa Property Group. In a letter to unitholders, Principal said its alternative proposal is set out in a Third Supplementary ...

Macquarie Goodman offers to buy all AMP Industrial Trust units

Macquarie Goodman Industrial Trust (MGI) has announced that it has made an off-market takeover bid for all of the ordinary units in AMP Industrial Trust (AIP). In a statement made to the Australian Stock Exchange (ASX) MGI has said that they were willing ...

AIP reports 5.7% net profit increase, accepts MGI takeover offer

WITH AAP  |  TUESDAY, 15 JUL 2003
... asset management success along with the impact of acquisitions and developments." AIP said it intended to accept the takeover offer made last week by Macquarie Goodman Industrial Trust (MGI). "Subject to an independent expert confirming that the offer ...

POF in talks with US Principal Group after superior takeover offer

... undertaking advanced talks with US-based Principal Group regarding a possible alternative proposal to Investa Properties Ltd's takeover bid. Investa, which has a 9.5 per cent stake in Principal, is offering seven Investa stapled securities and $4.86 ...