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Showing 1261 - 1270 of 2061 results for "BID"

Market Wrap - Morning

AAP  |  MONDAY, 10 SEP 2012
... broke the 100-yen barrier after the European Central Bank (ECB) unveiled a plan to buy troubled eurozone nations' bonds in a bid to tackle the region's debt crisis. Tokyo surged 2.20 per cent, or 191.08 points, to 8,871.65, Seoul climbed 2.57 per cent ...

Loss "disappointing": Austock

BEN COLLINS  |  MONDAY, 3 SEP 2012
Austock Group has reported a full year after tax loss of $16 million, blaming one-off costs from the sale of its securities business and regulations which tied up capital. Austock lost $10.7 million through its securities business, which it sold to ...

ClearView positive about CCP takeover offer

LINDA HAUSKEN  |  THURSDAY, 30 AUG 2012
The board of ClearView Wealth has entered into an implementation agreement with CCP BidCo after it made an increased takeover offer of five cents extra per share, following a rejection of its initial offer some three weeks ago. CCP BidCo, an entity ...

APA, HDF tug-o-war continues

BEN COLLINS  |  MONDAY, 20 AUG 2012
The tussle over Hastings Diversified Utilities Fund (HDF) continues, after the APA group again raised its bid for the infrastructure fund. Rival bidder Pipeline Partners Australia (PPA) now has until midnight tomorrow (Tuesday) to better APA's offer. ...

Mariners bid underdone

BEN COLLINS  |  TUESDAY, 14 AUG 2012
... this morning considering an appeal, after the Takeovers Panel ruled that it couldn't count on the funding for its proposed bid for Austock. Darren Olney-Fraser, Mariner CEO, was unable to confirm the appeal, but said a meeting would be held today to ...

APA ups HDF offer

BEN COLLINS  |  FRIDAY, 10 AUG 2012
... fund's books earlier this week. This ups the ante on the battle for the infrastructure fund, which is also subject to takeover bid from Pipeline Partners Australia (PPA). APA's previous offer had an implied value of $2.00 per Hastings Diversified Utilities ...

Folkestone forced to pay cash

BEN COLLINS  |  THURSDAY, 9 AUG 2012
... Takeovers Panel after it claimed the proposed sale of the property business to Folkestone was a deliberate attempt to foil its bid.

Brierley bids for wound-down scheme

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
A corporate raider has made a bid for Adelaide Managed Funds Asset Banked Yield Trust, a managed investment scheme in wind-down mode. Mercantile Investments is offering 5.5 cents per share in the fund - for the 87% of units that it does not already ...

Austock seeks liquidity for shareholders who want out

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... Securities Exchange (ASX). The buy-back announcement comes after Mariner Corporation Limited withdrew a proposed takeover bid for Austock. Mariner withdrew its offer after it labeled Austock's sale of its property funds management business to Folkestone ...

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
... it would raise its offer for Hastings Diversified Utilities Fund (HDF) to a value of at least $2.50 per share. Its original bid was 50 cents in cash and 0.326 APA securities for each HDF security, implying a value of $2.00 for each HDF security. The ...