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Showing 271 - 280 of 443 results for "Buys"

GPT fund buys stake in Sydney tower

COMPANY RELEASE  |  WEDNESDAY, 7 APR 2010
The GPT Wholesale Office fund has bought a 50 per cent interest in an office building from Grocon Developments. Martin Ritchie, fund manager at GPT Group, said the fund had pre-bought the building for $333 million, which funded the construction on a ...

Khazanah buys Oriental University stake

MEDIA RELEASE  |  TUESDAY, 6 APR 2010
Investors might eye China's industrial growth as investment opportunities, but Khazanah Nasional is taking a different tact - forking out more than $45 million for a 10 per cent stake in Oriental University City Limited as part of its China education ...

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 ...

BOQ buys St Andrews insurance

COMPANY RELEASE  |  MONDAY, 29 MAR 2010
Bank of Queensland has bought St Andrew's Insurance from the Commonwealth Bank of Australia. The deal means Bank of Queensland to buy the consumer credit insurance and life insurance products that St Andrews distributes. St Andrew's has a annual gross ...

Morningstar buys Aegis

PRESS RELEASE  |  THURSDAY, 25 MAR 2010
Morningstar Australasia has agreed to buy Aegis Equities Research from its holding company. Aegis Equities Research was founded in 1999 and services institutions, financial advisers and retail clients. The firm has a web-based research platform that ...

End game

BENJAMIN ONG  |  THURSDAY, 18 MAR 2010
... fall, other foreign US bond holders - maybe even domestic holders -- sell, US raises interest rates to attract buyers or Fed buys bonds by printing more dollars, China sells some more bonds, US raises interest rates some more... and so on. Until finally ...

ING buys 20pc stake in Fortnum

PRESS RELEASE  |  THURSDAY, 11 MAR 2010
ING Australia has taken a 20 per cent stake in Ray Miles' Fortnum Financial Group but Miles said the backing will not affect the practice's business structure. Ray Miles, former Genesys Wealth Advisers managing director and now executive chair at Fortnum ...

MSCI buys RiskMetrics

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
MSCI has bought risk management and corporate governance researcher, RiskMetrics, in a cash and stock transaction worth more than A$1.7 billion, but a RiskMetrics spokesperson said it's business as usual in Australia. The index provider bought RiskMetrics ...

Guggenheim buys Security Benefit

COMPANY RELEASE  |  FRIDAY, 19 FEB 2010
US-based Guggenheim Partners has agreed to acquire Security Benefit, owner of Bennelong Funds Management's global equities provider, Security Global Investors. Security Benefit is the 100 per cent owner of Bennelong's global equities manager, SGI. The ...

AMG buys Pantheon Ventures

COMPANY RELEASE  |  FRIDAY, 12 FEB 2010
Affiliated Managers Group is paying US$775 million for Pantheon Ventures, a subsidiary of Russell Investments. AMG said in a press statement that it had reached a definitive agreement to acquire Pantheon for $775 million in cash, with the potential ...