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Showing 361 - 370 of 2671 results for "Purchase"

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
... stockholders will receive US $54.20 in cash for each share of common stock that they own at the completion of the deal. The purchase price represented a 38% premium to Twitter's closing stock price on 1 April 2022. The deal also stipulated that Twitter ...

Hines enters Australian industrial sector

CHLOE WALKER  |  FRIDAY, 22 APR 2022
The global investment firm has purchased a portfolio of four logistics properties in Sydney and Brisbane for a combined $211.5 million from local fund manager Pipeclay Lawson. They will be held by the Hines Asia Property Partners (HAPP) a diversified ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... shares to PNG. The Royal Commission heard that following this the PNG government appears to have decided that it should purchase a further stake in Oil Search. "It may also have been thought that any acquisition of Oil Search shares needed to be completed ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... hairdressing. Koletti has told the court he brought $100,000 of assets to the marriage - $70,000 cash and a car. The purchase of their marital home on Wallangra Road in Dover Heights, an affluent beachside suburb in eastern Sydney, was funded by the ...

Coombes Property Group adds to industrial portfolio

CHLOE WALKER  |  TUESDAY, 19 APR 2022
... Sydney-based developer Coombes Property Group (CPG) has made its first major acquisition in the industrial sector after the purchase of a large site near Sydney Airport for just over $25 million. Led by Michael Coombes, CPG is best known for its residential ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
Mayfair 101 and its founder James Mawhinney are now suing the financier that allowed the company to purchase property in Mission Beach. Mayfair 101 obtained bridging finance, to purchase the Mission Beach property, from Napla between late 2019 and early ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Iress has announced that it will not proceed with the divestment of its UK mortgage business. This latest announcement contrasts plans previously outlined in the company's 2021 annual report to consider a sale of the mortgages business. It was originally ...

Australians are crypto-curious but not committing

CHLOE WALKER  |  FRIDAY, 8 APR 2022
... learning more or say they are likely to acquire cryptocurrency in the next year. Among the crypto-curious who plan to purchase for the first time in the next year, 47% were women. Women in developing nations lead the way,,representing at least half of ...

Spirit Super investment bought out

ELIZABETH MCARTHUR  |  FRIDAY, 8 APR 2022
A company Spirit Super invested in and helped develop has been purchased by NASDAQ listed NetApp. Instaclustr was purchased by NetApp. Instaclustr is a platform for deploying and managing open-source data and workflow applications. Instaclustr was developed ...

COVID not only health issue on Budget radar

TOM WATSON  |  TUESDAY, 29 MAR 2022
... towards the Japanese Encephalitis Virus National Plan. As part of the plan the government will allocate money towards the purchase of 135,000 doses of Japanese Encephalitis Virus vaccines, a national awareness campaign and funding to the states and territories ...