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Showing 111 - 120 of 125 results for "Australian operations"

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
... a hefty document outlining its demerger plan. In the 629-page explanatory memorandum, AMP predicted its Australian operations will lift its net profit this fiscal year to the higher end of a $362-$495 million range after they are split from AMP's ailing ...

Australia/NZ lender launches capital markets' first

... first New Zealand issue after less than two years of operations, matching the rapid growth of Liberty's Australian operations since its establishment in 1997. Since launching its New Zealand operations in late 2001, Liberty has also been greeted with ...

AMP shares soar as Mohl details demerger plan

AAP  |  MONDAY, 13 OCT 2003
... and Investments Commission and expects to present the document to the Federal Court for approval soon. The Australian operations will also effectively guarantee loans worth $246 million to the UK arm, which intends to raise that amount of money in early ...

TXU appoints advisers to assess partial Australian float

... float of its Australian subsidiary. The Dallas-based parent company wants to keep a controlling stake in its Australian operations but is looking at ways to raise capital to pay down nearly $3 billion in debt and fund growth. UBS, Citigroup and the Calliburn ...

AMP asks for more debt

AAP  |  TUESDAY, 7 OCT 2003
... increase the debt in a "last ditch effort to gain approval for its $10 billion demerger" to separate its UK and Australian operations, the Australian Financial Review said. The paper quoted unnamed sources as saying AMP chief executive Andrew Mohl had ...

Australian insurer AMP prefers UK demerger

AAP  |  TUESDAY, 30 SEP 2003
... one-third of their 1998 listing value. National has signalled it may launch a takeover bid for the insurer's Australian operations after it completes the separation. Reuters/

AMP discusses capital raising plans

... is reportedly finalising plans for a $1.15 billion rights issue to bolster the financial position of its Australian operations, before they are separated in the upcoming demerger from the insurance giant's UK business. AMP said at its interim results ...

AMP reportedly set to begin $1.15 billion capital raising

WITH AAP  |  MONDAY, 8 SEP 2003
... is reportedly finalising plans for a $1.15 billion rights issue to bolster the financial position of its Australian operations, before they are separated in the upcoming demerger from the insurance giant's UK business. AMP is expected to conduct the ...

AiG & QBE expected to unveil healthy profit results

... expected to unveil a $2.3 billion interim net loss on Wednesday. AMP, which is in the process of demerging its Australian operations from its British businesses, has already flagged that its result will be hit by $2.6 billion worth of writedowns. Both ...

More changes at UBS

... business development. The move follows an earlier announcement by UBSGAM that John Larum, the current head of Australian operations, will transfer to a new role in London. Mr Larum will be replaced by Colin Woods, who previously had responsibility for ...