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Showing 211 - 220 of 290 results for "ACCC"

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. ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 APR 2010
... surprising given the big run-up it had yesterday," Ms Saly said. "Investors are waiting to see whether it will challenge the ACCC's (Australian Competition and Consumer Commission's) decision to reject its takeover bid for AXA Asia Pacific," she said ...

NAB clashes with ACCC decision

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
National Australia Bank has spoken out against the ACCC's verdict to block its bid for AXA - and is exploring a "range of actions" to continue its pursuit of the firm. In a press statement released late yesterday, NAB said it "does not agree with the ...

ACCC blocks NAB bid for AXA, backs AMP

MEDIA RELEASES  |  TUESDAY, 20 APR 2010
The Australian Competition and Consumer Commission (ACCC) has blocked the NAB bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, but said it won't oppose the AMP bid. "At the heart of the ACCC's decisions ...

Market Wrap - Midday

AAP  |  TUESDAY, 20 APR 2010
... Australia Bank added 72 cents, or 2.6 per cent, to $28.80, a day after the Australian Competition and Consumer Commission (ACCC) opposed NAB's $14 billion proposal to acquire AXA Asia Pacific Holdings, at the same time not opposing AMP's rival $12.85 ...

NAB a step closer to buying AXA

COMPANY RELEASE  |  WEDNESDAY, 31 MAR 2010
... regulatory approvals, including the approval of the Federal Treasurer and that there is no objection to the merger from the ACCC or APRA. A break fee of $35 million is payable to NAB by AXA APH in certain circumstances. "The proposal... provides the ...

AXA Asia Pac shares on trading halt

MICHELLE BALTAZAR  |  TUESDAY, 30 MAR 2010
... after the group requested a trading halt on its shares before noon today, ahead of a company announcement and a day before ACCC releases its findings on the AMP proposal. In addition, the trading halt comes less than 24 hours after discussions with NAB ...

AXA APH extends deal with NAB

MICHAEL HOBBS  |  MONDAY, 22 MAR 2010
... has agreed with National Australia Bank (NAB) to extend the agreement until 29 March this year but all eyes remain on the ACCC's decision next month. The agreement means the terms deed has been extended from 17 December last year to the March date. The ...

ACCC sounds online fraud alarm

REGULATORY RELEASE  |  MONDAY, 1 MAR 2010
Online scams continue to make up a large proportion of complaints to the ACCC - with online finance fraud growing in prominence, according to ACCC deputy chair, Peter Kell. During 2009, losses reported to the Australian Competition and Consumer Commission ...