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Showing 21 - 30 of 39 results for "New Zealand businesses"

AMP unveils $6.34 per share bid for AXA

JOHN MCDULING  |  MONDAY, 15 NOV 2010
... deal. In an ASX statement, AMP said that, as widely expected, it proposes to merge AXA's Australian and New Zealand businesses, and divest its Asian business back to AXA SA, the company's French parent and current major shareholder. The deal values AXA ...

ACCC opposes NAB/AXA merger

RUTH LIEW  |  THURSDAY, 9 SEP 2010
... stating it was "considering the implications of this decision on its proposal to acquire the Australian and New Zealand businesses of AXA APH and will provide an update as soon as possible." Meanwhile, an AMP spokesperson said the firm was "very pleased" ...

NAB granted more time on AXA bid

PRESS RELEASES  |  MONDAY, 19 JUL 2010
... Commission (ACCC) on Friday last week. NAB's proposal involves buying AXA APH, which includes the Australian and New Zealand businesses and then divesting the Asian businesses to AXA SA. The proposal was announced in April this year. Later that month ...

NZ Commission gives AMP all clear

MICHAEL HOBBS  |  MONDAY, 21 JUN 2010
New Zealand's Commerce Commission has cleared AMP to buy AXA's Australian and New Zealand businesses. According to a Commerce Commission statement, the regulator considered the impact of the deal across wealth protection, retail funds management, wholesale ...

NAB gains more time on AXA deal

ASX RELEASE  |  TUESDAY, 1 JUN 2010
... and Consumer Commission (ACCC) said last month it would oppose NAB's proposal to buy the Australian and New Zealand businesses of AXA Asia Pacific. The ACCC blocked NAB's proposal because it is concerned about competition in the market between retail ...

NAB clashes with ACCC decision

COMPANY RELEASE  |  WEDNESDAY, 21 APR 2010
... NAB said it "does not agree with the ACCC decision concerning the proposal to acquire the Australian and New Zealand businesses of AXA Asia Pacific Holdings." "NAB believes that the ACCC's characterisation of the relevant market is incorrect. "It does ...

NAB a step closer to buying AXA

COMPANY RELEASE  |  WEDNESDAY, 31 MAR 2010
... has reached binding terms with French company AXA and AXA Asia Pacific to buy the firms' Australian and New Zealand businesses for $4.6 billion. According to a press statement released yesterday, the deal includes a proposal to acquire all of the shares ...

AMP and AXA SA propose final offer

MICHAEL HOBBS  |  MONDAY, 14 DEC 2009
... comes after AXA Asia Pacific independent directors rejected AMP's $4 billion bid for AXA's Australian and New Zealand businesses on 9 November. Peter Mason, chair at AMP, said the revised proposal addresses the issues raised by the independent directors ...

Van Eyk ventures into NZ

COMPANY RELEASE  |  TUESDAY, 8 DEC 2009
... Eyk's major wealth management clients and advisory groups in Australia have requested our support for their New Zealand businesses," said Thomas. According to a press statement, 12 of the 14 Australian players in the New Zealand market are van Eyk clients. ...

AMP circles AXA Asia Pacific

MICHAEL HOBBS  |  MONDAY, 9 NOV 2009
AXA Asia Pacific independent directors have rejected AMP's $4 billion bid for AXA's Australian and New Zealand businesses, creating the first hurdle in a landmark deal that could, if it goes through, create a new Australian insurance and financial planning ...