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Showing 241 - 250 of 289 results for "Consortium"

NZ Super buys Shell assets

PRESS RELEASE  |  MONDAY, 29 MAR 2010
A consortium including the New Zealand Superannuation Fund has bought the Royal Dutch Shell's New Zealand distribution business assets for more than $540 million. The deal includes all Shell's "downstream assets", which include the business' retail ...

RBF-Tasmania CEO resigns

RUTH LIEW  |  WEDNESDAY, 20 JAN 2010
... his tenure as chief executive, he oversaw several large-scale projects, including RBF entering the Tasmanian Gateway Consortium - which had the backing of Macquarie Capital Group - to purchase the Hobart International Airport for $350.5 million in 2007. ...

First Super refines investment strategy

RUTH LIEW  |  TUESDAY, 10 NOV 2009
... more defensive investment position. According to a fund statement, First Super - which until recently was involved in consortium TC Growers hoping to buy the failed Timbercorp assets - had adjusted its investment options to reduce the risk of negative ...

Canada plan in talks to buy Livingston

COMPANY RELEASE  |  MONDAY, 12 OCT 2009
The Canada Pension Plan Investment Board has entered a consortium with private equity firm Sterling Partners to buy Livingston International Income Fund. According to Livingston's website, the firm - through its operating subsidiaries - is Canada's ...

GFP snaps up Timbercorp assets

COMPANY RELEASE  |  THURSDAY, 1 OCT 2009
... (GFP) has signed a contract to buy Timbercorp's forestry assets - outbidding other buyers including First Super-backed consortium, TC Growers. According to a press statement, the business will trade under the name Australian Bluegum Plantations Pty Ltd ...

TC Growers closer to buying Timbercorp assets

RUTH LIEW  |  TUESDAY, 11 AUG 2009
... a step closer to acquiring the failed Timbercorp's forestry assets. According to a media statement released by the consortium, which counts the $1.5 billion timber industry fund First Super and an unnamed international investor among its members, the ...

Timbercorp growers favour consortium

RUTH LIEW  |  WEDNESDAY, 8 JUL 2009
Timbercorp growers are welcoming talks with a recently formed consortium - TCGrowers - which is looking to buy the embattled agricultural group's forestry assets. According to an update yesterday on the TCGrowers website, the group had received very ...

Timbercorp buy passes sole purpose test

RUTH LIEW  |  MONDAY, 6 JUL 2009
The $1.5 billion First Super, which last week entered a consortium to snap up collapsed Timbercorp's forestry assets, will not be in breach of the sole purpose test if the deal was to be finalised, said a superannuation expert. Michael Vrisakis, partner ...

First Super mulls Timbercorp rescue

RUTH LIEW  |  FRIDAY, 3 JUL 2009
... First Super, the $1.5 billion industry super fund for the furniture, pulp, paper and timber industries, has entered a consortium with South Australia-based Penola Pulp Mill and the management of Timbercorp Forestry to discuss the acquisition of Timbercorp's ...

In partners we trust

RUTH LIEW  |  FRIDAY, 27 MAR 2009
... contracts - super fund investors have to do more that just the requisite due diligence when selecting co-investors in a consortium. Sam Magee, commercial director of Industry Funds Management which had $17 billion in funds under management June last ...