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Showing 1221 - 1230 of 1259 results for "Takeover"

AMP welcomes unconditional takeover bid by Macquarie Goodman for AIP

... Management Limited (responsible entity of Macquarie Goodman Industrial Trust or MGI) of an unconditional 100 per cent takeover of AIP by MGI. "Subject to the independent expert confirming that the offer is fair and reasonable, the Directors intend to ...

POF reiterates rejection of Investa Properties takeover

Principal Office Fund has reiterated its rejection of Investa Properties Ltd's current takeover offer, after Investa yesterday declared its bid free from all defeating conditions. Principal said the offer undervalued the company and was highly conditional. ...

Southcorp chief denies sale rumours; S&P downgrades credit rating

After months of wine industry speculation that Foster's Group Ltd may be courting the company for takeover, Southcorp Ltd chief executive John Ballard today said the troubled wine making business was "absolutely not" for sale. Southcorp expects to make ...

PREIA and BTFM make changes to POF management delegation deed

... parts of BT Financial Group to Westpac Banking Corporation. This follows the announcement by Investa Properties Ltd of a takeover bid for all of the units of POF and Investa's announced intention to become the responsible entity. The changes to the MDD ...

Afternoon market wrap: Australian shares defy offshore markets, finishing slight

... telecommunications (down 0.7%) ended the day lower. Poker machine manufacturer Aristocrat Leisure continued to benefit from continued takeover speculation, ending the day at $1.19, up 6 cents. The Australian bond market also strengthened further, with ...

Centro sells 19.9% stake in AMP Shopping Centre Trust

Centro Properties Group today announced that it had returned all acceptances for its takeover offer for the AMP Shopping Centre Trust (ART). "Centro has now sold its initial 19.9 per cent stake in ART at a $35.5 million profit before costs," Centro ...

Midday market wrap: All Ordinaries up slightly

... by a 4.7% jump in Southcorp. Prices of the wine and packaging conglomerate were boosted by speculation of a possible takeover bid by Fosters Ltd. Reflecting the better sentiment in offshore markets overnight, defensive financials were subject to mild ...

AMP to lose $3.4 billion in managed assets after LPT takeovers

AMP will sacrifice a total of $3.4 billion in assets under management if the takeover bids for the AMP Shopping Centre Trust (ART) and the AMP Diversified Property Trust (ADP) go ahead, it has announced. The removal of AMP Henderson as responsible entity ...

Morning market wrap: FTSE-100 smashes through 4,000

... shareholders will be looking for action from AMP to shore up its share price after two days of falling numbers. Speculation of a takeover bid will inevitably surface if its share price continues to drop. Stockland and Westfield have already made their ...

Stockland targets AMP Diversified Property Trust

Property development group Stockland has launched an unconditional takeover bid for AMP Diversified Property Trust (ADP), it has announced. Stockland currently owns 17.3 per cent of ADP. Stockland said that it would offer one stapled security and 80 ...