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Showing 191 - 200 of 290 results for "ACCC"

AXA's North man joins NAB

MICHELLE BALTAZAR  |  TUESDAY, 1 FEB 2011
... fastest-growing platform on the market last year, with its superannuation business up 400 per cent in 2009. The competition regulator ACCC cited North as one of its key concerns when it blocked NAB's bid to buy AXA Asia Pacific. Michael Clancy, executive ...

ACCC gives go ahead to SGX-ASX deal

JOHN MCDULING  |  WEDNESDAY, 15 DEC 2010
... - setting the stage for a volatile debate next year over whether the deal is in the national interest. Approval from the ACCC was not expected to be a major stumbling block for the deal, given that the ASX effectively has a local monopoly, and competition ...

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
... New Zealand businesses at more than $4 billion and the Asian business at more than $10 billion. AMP has already received ACCC approval for a takeover of AXA APH after its original bid for the company back in November '09 was given the green light by ...

MLC to launch platform

ELISE BURGESS  |  THURSDAY, 4 NOV 2010
... the attraction of AXA's AP North wealth.net retail investment platform. The Australian Competition and Consumer Commission (ACCC) had expressed concern that NAB owning both Navigator and North wealth.net retail investment platform would restrict competition ...

ACCC responds to NAB/AXA deal criticism

RUTH LIEW  |  FRIDAY, 1 OCT 2010
... timeliness" in making decisions about NAB's merger with AXA. In a speech made in Sydney yesterday, Graeme Samuel, chairman of the ACCC, called the timeliness for merger reviews "best practice". "[They] are considerably shorter than many other jurisdictions ...

Bidding time for AMP

JOHN MCDULING  |  MONDAY, 20 SEP 2010
... in November '09. The independent directors of AXA APH held out for a better offer and NAB ultimately obliged, only for the ACCC to stand firm in its opposition to the deal, with concerns over the potential distribution power of a combined NAB/AXA entity ...

NAB exits AXA AP bidding war

RUTH LIEW  |  WEDNESDAY, 15 SEP 2010
... Exchange statement released late yesterday, NAB terminated its bid following the Australian Competition & Consumer Commission's (ACCC) decision to stop the bank's proposed buy of AXA. Cameron Clyne, NAB group chief executive, said that they are disappointed ...

ACCC opposes NAB/AXA merger

RUTH LIEW  |  THURSDAY, 9 SEP 2010
... after reviewing the bank's revised bid, raising the chances of AXA AP's other suitor, AMP. Peter Kell, deputy chairman of the ACCC, said the proposed undertaking by the parties - which includes selling the North platform to IOOF Holdings - do not provide ...

Market Wrap - Midday

AAP  |  THURSDAY, 9 SEP 2010
... unemployment rate was 5.1 per cent in August, beating market expectations. Making news on Thursday, the competition regulator ACCC said it continued to object to the proposed tie-up between National Australia Bank and AXA Asia Pacific. AXA shares tumbled ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 SEP 2010
... Global Capital Ltd is due to list on the Australian Securities Exchange. The Australian Competition and Consumer Commission (ACCC) is set set to make its final decision on Thursday over whether National Australia Bank Ltd (NAB) and AXA Asia Pacific Holdings ...