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Showing 1361 - 1370 of 2061 results for "BID"

Lonsec bought by FRH

RACHEL DAVIS  |  THURSDAY, 9 JUN 2011
... thrilled with the purchase of Lonsec," Jason Clarke, FRH managing director told Financial Standard. "It was a very competitive bid process and it has been a long couple of months getting to this point." Lonsec's new owner, FRH, has three directors and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 JUN 2011
... close watch on the oil market as speculation mounted that OPEC could increase crude output at a meeting on Wednesday in a bid to tame high energy prices at a time when the key US economy appears to be slowing. London's FTSE 100 index edged up 0.03 per ...

Dissident investors could prompt REIT revival

MATT WOODINGTON  |  TUESDAY, 7 JUN 2011
... earnings and time. But added to that, this is just not sustainable because other people with access to capital will come in and bid for them and realise the NTA one way or another and make money," said David Curtis, director, Reliance Investment Management. ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 JUN 2011
... Shares in Fosters were up 20.5 cents, or 4.79 per cent, to $4.485 amid speculation two international brewers are exploring a bid for Fosters. "That talk has been around before, but the gains are fairly explainable, given today's reports," Mr Herring ...

Dark pools attract larger trades and ASIC

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
... block size off-market and report them to either ASX or Chi-X provided they are at or within the spread of the national best bid and offer. "We will have little tolerance for participants that try to push the barriers on this exception," said Tregillis. ...

Industry funds, independent platforms stand up for FOFA reforms

ALISON BEVEGE  |  WEDNESDAY, 1 JUN 2011
... Senator Mathias Cormann on May 19 to target the four independent members of the Federal House of Representatives in their bid to have elements of the FOFA reforms scrapped. Since then consumer groups and industry fund representatives have criticized ...

Signature scam adviser banned for life: ASIC

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... corporate authorised representative of ASANDAS until 2009, ASIC said. Litigation funder IMF Australia is backing a Supreme Court bid by Perth-based law firm Solomon Brothers on behalf of the alleged victim, Edwin Smith, 72. IMF Australian spokesman Paul ...

Merged planning groups plot Snowball effect

MATT WOODINGTON  |  THURSDAY, 26 MAY 2011
... shareholders will own 71 per cent of the merged entity on completion of the deal. The merger will be effected by a takeover bid made by Snowball to acquire all of the ordinary shares of Shadforth, 2.15 Snowball shares for each Shadforth share. The parties ...

Market Wrap

AAP  |  THURSDAY, 26 MAY 2011
... market, giving it momentum after a week of heavy selling. "We've had a little M&A activity on the opening with the Austar bid (by Foxtel) formally announced," Mr Leppinus said. "Otherwise, it's the big miners leading the way. We had good strong moves ...

CFS builds in corporate super

ELISE BURGESS  |  TUESDAY, 17 MAY 2011
... (AHRI), which found that Australian employers experience an average annual turnover of 18 per cent of their workforce. In a bid to set a new benchmark in the corporate super space, CFS has released a servicing model for advisers promising "seamless transition". ...