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Showing 121 - 130 of 257 results for "ACCC"

The Trust Company buyout receives approval from all regulators

LAURA MILLAN  |  FRIDAY, 27 SEP 2013
... Singapore, where The Trust Company has a licence to operate. Last week, the Australian Competition and Consumer Commission (ACCC) also approved the transaction in a move that was seen as critical for the success of the buyout. The Trust Company has already ...

IOOF determined to get a slice of the trust pie

LAURA MILLAN  |  FRIDAY, 20 SEP 2013
... recommending its shareholders to vote for the Perpetual offer. However, the Australian Competition and Consumer Commission (ACCC) conducted an investigation over concerns that Perpetual's acquisition of The Trust Company could damage market competition ...

ACCC approves Perpetual offer for The Trust Company

LAURA MILLAN  |  THURSDAY, 19 SEP 2013
The Australian Competition and Consumer Commission (ACCC) will not oppose the Perpetual buyout offer for The Trust Company as the acquisition "is unlikely to lead to a substantial lessening of competition in any relevant market." The decision came after ...

The Trust Company to consider IOOF offer

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
... the IOOF offer is the fact that is not conditional on the approval of the Australian Competition and Consumer Commission (ACCC) at a time when Perpetual is waiting for the ACCC to determine whether or not its offer would damage market competition. "The ...

EQT takes the hit on the battle for Trust

LAURA MILLAN  |  FRIDAY, 30 AUG 2013
... Perpetual offer to its shareholders. However, EQT brought the proposal to the Australian Competition and Consumer Commission (ACCC) on the grounds that it could damage competition in the trustee market. The ACCC will release the conclusions of its review ...

Perpetual not concerned about ACCC initial report

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
Perpetual is not concerned about the Australian Competition and Consumer Commission (ACCC) preliminary views, which suggested that Perpetual's takeover bid for The Trust Company could harm market competition. "This is a natural step of the process," ...

EQT extends offer period for The Trust Company

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... of $15 million per year. The company said that it is also waiting for the Australian competition and Consumer Commission (ACCC) to announce the results of the review of Perpetual's proposal to acquire The Trust Company. The ACCC is expected to issue ...

Former First State Super director joins ACCC

MARK SMITH  |  TUESDAY, 16 JUL 2013
... Super director Cristina Cifuentes has been appointed a commissioner at the Australian Competition & Consumer Commission (ACCC). Cifuentes started in her new role in May 2013 and has been appointed for a five year term. She is responsible for chairing ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July ...

EQT formalises improved offer for The Trust Co

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... dominate the trustee company sector." The issue is currently considered by the Australian Competition and Consumer Commission (ACCC) after a formal submission from EQT. EQT is offering to give shareholders 37 EQT shares for every 100 TRU shares, as well ...