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Showing 331 - 340 of 365 results for "divestment"

Government plants $60m innovation funding seed

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
Three innovation fund managers have received a total of $120 million of new funding to invest in Australian start-up ventures, half of which has been provided by the government. Through the Innovation Investment Fund (IIF), the government has invested ...

May go away

BENJAMIN ONG  |  FRIDAY, 29 APR 2011
... market's indicating. US bond yields continue to head lower despite talks of inflation, PIMCO's announcement of its divestment of its US government bond holdings, and more recently, Standard & Poors' US sovereign credit rating downgrade warning. Does ...

AIG sells Nan Shan stake

MEDIA RELEASE  |  TUESDAY, 25 JAN 2011
American International Group (AIG) continues on with its divestments and is selling its majority stake in Nan Shan Life Insurance Company to Taiwanese group Ruen Chen Investment Holdings. AIG agreed to offload its 97.57 per cent interest in Nan Shan ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... analysts at UBS last week argued that the firm could be destined for a break up. KKR might look to exploit "significant divestment opportunities" in the group, analysts say. "We believe buyers exist for the Corporate Trust, Mortgage Servicing and Private ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
... Last week, analysts at UBS argued Perpetual "could be destined for a break-up," as KKR looked to exploit "significant divestment opportunities" in the group. "We believe buyers exist for the Corporate Trust, Mortgage Servicing and Private Wealth businesses ...

Pengana hires resources guru

NEWS RELEASE  |  TUESDAY, 19 OCT 2010
... already successful process and skill base. His expertise, ranging from project analysis to resource asset acquisition and divestment, complements the work we are already undertaking and should further enrich our results," said Ric Ronge, fund manager ...

AXA clarifies possible Wealth.net sale

COMPANY RELEASE  |  WEDNESDAY, 9 JUN 2010
AXA Research has sought to allay advisers' worries on NAB's possible divestment of Wealth.net by clarifying the bank is considering selling the North Wealth.net platform, not the North products and the guarantee attached to these. AXA Research said ...

AXA and Wealth.net split poses planner risk

RUTH LIEW  |  MONDAY, 7 JUN 2010
... NAB stressed that discussions are preliminary. "However, at this stage, there is no assurance that such a possible divestment will occur or that it will address the concerns raised by the ACCC." Research house Roy Morgan, however, takes a different approach ...

NAB addresses ACCC concerns

ASX STATEMENT  |  FRIDAY, 4 JUN 2010
... NAB stressed that discussions are preliminary. "However, at this stage, there is no assurance that such a possible divestment will occur or that it will address the concerns raised by the ACCC."

No let up in ING asset sales

ALEX DUNNIN  |  WEDNESDAY, 11 NOV 2009
ING Australia has built itself into one of the best financial brands in Australia but that is the last thing on the minds of ING's European head office battling to repay their $40 billion in government bail-out debt as fast as they can. The pressure ...