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Showing 251 - 260 of 294 results for "Consortium"

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 ...

Infrastructure fund beats downturn

RUTH LIEW  |  MONDAY, 23 FEB 2009
... to the positive results, TIF recently confirmed that it would purchase the Cairns and Mackay Airports along with its consortium partners Westpac and Perron Investments, and International Infrastructure Fund, an entity advised by J.P. Morgan Asset Man ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... billion bridge loan from the US Federal Reserve. Reports that the Fed has further expanded its lending facility, a consortium of 10 major US banks pledged to make US$70 billion available, and extra liquidity injections from the European Central Bank ...

RBF and MGI buy $350m airport

MICHAEL HOBBS  |  FRIDAY, 14 DEC 2007
The Tasmanian Gateway Consortium (TGC) comprising of Macquarie Global Infrastructure Fund III, Macquarie Capital Group and Retirement Benefit Fund has purchased the Hobart International Airport for $350.5 million. In a statement, TGC said the group ...

Challenger takes part in $9.5bn infrastructure buy

MICHAEL HOBBS  |  WEDNESDAY, 10 OCT 2007
An international consortium including Challenger, Access Capital Advisers and UBS have acquired UK utility, Southern Water Capital, from the Royal Bank of Scotland Group for $9.5 billion. Challenger has invested $225 million into the Challenger Infrastructure ...

CFS ploughs $280m in Myer property

CHRIS NICHOLLS  |  THURSDAY, 19 JUL 2007
Colonial First State Retail Property Trust purchased, as part of a consortium, Melbourne's landmark Myer department store building for $605 million. The consortium comprises CFS, GIC Real Estate and The Myer Family Company. CFS will initially outlay ...