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Showing 2331 - 2339 of 2339 results for "ART"

AMP recommends rejection of Centro bid for ART

... recommended to their unitholders that they reject Centro Property's offer for their units in the AMP Shopping Centre Trust (ART), citing "prospects of a superior offer" as the main reason for their recommendation. "If ART unitholders accept the offer ...

equipsuper takes $300,000 eight-day profit on ART

... superannuation fund has taken a profit in excess of $300,000 on an eight-day investment in the AMP Shopping Centre Trust (ART), it confirmed today. AMP, the responsible entity for ART, released a substantial shareholder statement to the Australian Stock ...

Centro takes AMP to Takeovers Panel over Shopping Centre Trust

... has lodged an application with the Takeovers Panel in a bid to kick-start its stalled bid for the AMP Shopping Centre Trust (ART), seeking legal clarification on the 'pre-emptive' rights issue that threatens to derail the bid. Centro acquired 19.9 per ...

AMP Shopping Centre Trust announces 5.5% growth

AMP Shopping Centre Trust (ART) today announced that it had recorded sales growth of 5.5 per cent in February, with its discount department stores registering an increase in sales of 6.7%, while its department stores recorded a rise of 1% in sales and ...

Centro announces strong retail sales for February

... approximately 940,000 square metres of shop space. Centro announced last week that it had acquired 19.9% of the AMP Retail Fund (ART) for $1.63 per unit. But a subsequent move for the remaining shares has been complicated by Westfield Trust's purchase ...

Westfield Trust confirms $247 million move for ART

Westfield Trust today confirmed that it has bought a 16.9% share of the AMP Shopping Centre Trust (ART) for approximately $247 million, representing a price of $1.80 per unit. The deal intensifies the battle for ART after the Centro Properties Group ...

Centro announces $1.32 billion move for AMP Shopping Centre Trust

Paul Cully Listed property trust Centro today acquired 19.9% of units in AMP Shopping Centre Trust (ART) and promptly followed up the acquisition with an off-market bid to take the remaining units, valuing ART at approximately $1.32 billion. "We believe ...

Telstra chief brands AFR article claims "misleading"

John Fernando Telstra chief executive officer Ziggy Switkowski today said that claims made in an article published in the Australian Financial Review, claiming that a shareholder supported proposal from its Hong Kong venture Reach with its banking syndicate ...

Navigator launches wealth protection insurance services

... Australia today announced it had added a comprehensive range of wealth protection (life insurance) products to its state-of-the-art administration platform. This initiative is in response to demand from independent financial advisers. "This is a brand ...