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Showing 171 - 180 of 258 results for "ACCC"

SAP and Sybase merger gets ACCC tick

RUTH LIEW  |  WEDNESDAY, 28 JUL 2010
... firm, Sybase, which provides complex event processing and analytics services used in the finance sector. According to an ACCC statement, the proposed acquisition was unlikely to result in substantial lessening of competition because "the merger parties ...

NAB granted more time on AXA bid

PRESS RELEASES  |  MONDAY, 19 JUL 2010
... close to extending the period for NAB to address the issues raised by the Australian Competition and Consumer Commission (ACCC) on Friday last week. NAB's proposal involves buying AXA APH, which includes the Australian and New Zealand businesses and ...

NZ Commission gives AMP all clear

MICHAEL HOBBS  |  MONDAY, 21 JUN 2010
... final decision on AMP's bid for AXA Asia Pacific by two weeks. In April, the Australian Competition and Consumer Commission (ACCC) blocked NAB's bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, adding ...

AXA clarifies possible Wealth.net sale

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
... the North product are quite distinct and can be separated if required. "While it is not possible to be sure how NAB and the ACCC's discussions may progress, we believe it is clear that it is the platform itself and not the products which are the focus ...

AXA and Wealth.net split poses planner risk

RUTH LIEW  |  MONDAY, 7 JUN 2010
... its insurance offering." NAB announced in a statement last Friday that it is continuing to pursue its options regarding the ACCC's decision to block the bank's proposed acquisition of the Australian and New Zealand business of AXA Asia Pacific Holdings ...

NAB addresses ACCC concerns

ASX STATEMENT  |  FRIDAY, 4 JUN 2010
National Australia Bank (NAB) hopes to appease the ACCC's concerns about the planned AXA APH acquisition by potentially divesting the North Wealth.net investment platform, one of the causes of the competition regulator's concerns. In an ASX statement ...

NAB gains more time on AXA deal

ASX RELEASE  |  TUESDAY, 1 JUN 2010
AXA Asia Pacific, AXA SA and NAB have each agreed to extend the period for NAB to satisfy concerns raised by ACCC till 15 June this year. The Australian Competition and Consumer Commission (ACCC) said last month it would oppose NAB's proposal to buy ...

AMP seeks NZ regulator approval for AXA bid

PRESS STATEMENT  |  TUESDAY, 4 MAY 2010
... insurance and financial planning services in New Zealand. This comes after the Australian Competition and Consumer Commission (ACCC) said it does not oppose a deal between AMP and AXA Asia Pacific last month. The ACCC shut down NAB's bid for AXA Asia ...

NAB/AXA merger not anti-competitive: research

MICHELLE BALTAZAR  |  FRIDAY, 23 APR 2010
Researcher Roy Morgan joins the chorus of dissenting voices on ACCC's reasons for blocking the NAB bid for AXA, releasing a report that shows a combined NAB/AXA or AMP/AXA would have the same impact on industry competition. Roy Morgan Research said ...

AXA technology available to all: provider

MICHAEL HOBBS  |  FRIDAY, 23 APR 2010
... anyone in the market, according to one technology provider. This week the Australian Competition and Consumer Commission (ACCC) blocked NAB's bid for AXA Australia because it would give NAB/MLC an uncompetitive position in the investment platform market. ...