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Showing 111 - 120 of 120 results for "AMP Life"

Westfield agrees $735.5 million three centre deal with Centro

... conditional sale of three properties to Centro for a combined $735.5 million following this morning's announcement from AMP Life that it intended to waive the controversial pre-emptive rights it may have over properties in the AMP Shopping Centre Trust ...

Takeovers Panel dismisses AMP Life's appeal on ART

A Takeovers Panel Review has dismissed an appeal by AMP Life following its original ruling that pre-emptive co-ownership rights relating to the AMP Shopping Centre Trust (ART) would effectively deter any takeover bid for ART from a party not acceptable ...

Centro extends offer period for ART takeover bid

... takeover bid for all the ordinary units in the AMP Shopping Centre Trust while the Takeovers Panel considers an appeal by AMP Life Ltd against orders made by the Panel on 13 May 2003," Centro said. The extension, to 7.00 pm on June 10, was also to give ...

Westfield offers $1.9 billion cash for AMP Shopping Centre Trust

... Lowy contains several conditions, including the Westfield Trust obtaining a minimum of 50.10 per cent of ART's units and AMP Life Limited agreeing by May 27 that it will not exercise any pre-emptive rights it may have upon a change in the responsible ...

AMP Life to appeal Takeovers Panel decision

AMP Life has launched an appeal with the Takeovers Panel after it ruled in favour of Centro Properties in relation to Centro's bid for the AMP Shopping Centre Trust (ART). "The application from AMP Life seeks a review of the decision of the Sitting ...

Standard & Poor's downgrades AMP's financial operations

... Standard & Poor's (S&P) has announced downgrades to all of AMP's business units in the wake of its proposed demerger. AMP Life has been lowered to A+ from AA-; AMP Group Holdings and AMP Bank to BBB+ from A-; Pearl Assurance and National Provident Life ...

Centro hails Takeovers Panel victory on ART

Centro Properties has warmly welcomed a decision by the Takeovers Panel that will prevent AMP Life from exercising any pre-emptive rights over the interest held by AMP Shopping Centre Trust (ART) in five major shopping centres. The panel had ruled that ...

Takeovers Panel defers decision on Centro bid for ART

... The Takeovers Panel has decided to defer a decision on Centro's bid for the AMP Shopping Centre Trust (ART) to allow AMP Life to make submissions to the proceedings. AMP Life has previously refused the Takeover Panel's invitation to take part, but changed ...

AMP Henderson prepares the ground for Stanbroke sale

... But Derwin added that in the absence of a suitable sale price Henderson would continue to manage Stanbroke on behalf of AMP Life. Earlier this week Stanbroke reported a drought-related loss of $9.3 million for the 2002 calendar year. "This is only the ...

Centro takes AMP to Takeovers Panel over Shopping Centre Trust

... said that the takeover could trigger pre-emptive rights in existing co-ownership agreements that would effectively allow AMP Life to acquire the interests in the "super regional" shopping centres in which ART has holdings. Centro contests that the deal ...