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Showing 1991 - 2000 of 2061 results for "BID"

ANZ responds to NZ poor management report

... management culture and does not have a good name for looking after its customers. There are fears that if ANZ succeeds in its bid for the National Bank, poor management will be imported," the lawyer said. However, ANZ said today independent research ...

Midday market wrap: Local shares make further ground

... banks all traded lower, as defensive stocks underperformed and investors remained wary of the potential for other banks to bid for AMP. The Australian bond market was also stronger after the decline in US yields overnight, and despite news of a $2.4 ...

AMP shares to open higher on suspected takeover bid

Shares of besieged insurer AMP are expected to open sharply higher this morning, following confirmation last night two Australian brokers had been instructed to purchase 174 million shares, or 15% of the group, at $5.60. The identity of the buyer has ...

Morning market wrap: Local shares to get boost from raid on AMP

... Smith Barney confirmed they had received an order to buy 174 million AMP shares at $5.60. The NAB is believed to be behind the bid. All Ordinaries 3178.2 +0 NASDAQ 1782.13 +11.48 Dow Jones 9333.79 -6.66 FTSE-100 4206.40 +29.00 Hang Seng 10678.55 -75.38 ...

Morningstar's take on NAB's purchase of AMP shares

In an exclusive interview with the Financial Standard, Morningstar have reacted to the National Australia Bank's bid for AMP shares by saying that it was unclear what the additional benefits would be to fund investors. And that their primary concern ...

NAB declares interest in AMP

... of AMP's listed equity. After initially offering to buy AMP shares at $5.60, tepid take-up forced the brokers to lift the bid to $6.00 and extend the offer. The Financial Standard approached various parties for comments on the NAB's move. The Australian ...

Westpac expected to bid for NBNZ

Westpac Banking Corp Ltd is expected to reveal today it is in the running for the $5 billion auction of the National Bank of New Zealand (NBNZ). Last week, ANZ Banking Group Ltd today signalled it was a likely bidder for the bank, and the Commonwealth ...

Investa extends POF takeover offer period

... after the fund's manager, Principal Real Estate Investors Australia Ltd (PREIA), gave up its resistance to Investa's takeover bid on early last week. POF's responsible entity, BT Funds Management, recommended acceptance of Investa's takeover offer after ...

ANZ launches €300 million subordinated debt transaction

... non-call 5-year US dollar issue launched earlier this year has tightened by over 20 basis points since launch and was now bid at around 36 bps over the $US Libor.

Investa closes in on 50% interest in POF

... today it had now claimed a 44.90% interest in the office fund. Investa snatched up the extra interest in POF after raising its bid last Thursday by four cents per POF unit, taking the offer to seven Investa securities and $5.70 in cash for every 12 POF ...