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Showing 471 - 480 of 1259 results for "Takeover"

Market Wrap AM

AAP  |  WEDNESDAY, 10 JUL 2013
... 0.52 per cent to 3,843.56 points, as investors also welcomed an electricity price tariff deal for energy giant EDF and takeover news in the luxury sector. The euro slid to $1.2774 from $1.2868 late in New York on Monday. HONG KONG - Asian markets rose ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July ...

Trust expects buyout talks to impact profit

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... continued the momentum established in the second half of FY13," the board said. On February 2013 The Trust Company received a takeover bid from EQT and in May the board announced that it had entered into a scheme implementation agreement with Perpetual. ...

Trust now looking at revised EQT offer

LAURA MILLAN  |  FRIDAY, 28 JUN 2013
The Trust Company board is now looking at the revised takeover offer from Equity Trustees (EQT) and has delayed the scheme process relating to the offer by Perpetual. The Trust Company revealed that it is seeking advice from legal firm Ernst & Young ...

TAL Life CEO to sit on parent board

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
... Stock Exchange (then as TOWER Australia), Dai-ichi Life had acquired a significant shareholding before in 2010 making a takeover offer for the company which in 2011 then became a whole owned subsidiary of the Japanese company.

Market Wrap

AAP  |  TUESDAY, 25 JUN 2013
... news on Monday, Graincorp is recommending its shareholders accept Archer Daniels Midland Australia's $3 billion-plus takeover offer. Graincorp shares were up one cent, or 0.08 per cent, to $12.48. Leighton has secured a $1.3 billion deal with Fortescue ...

Market Wrap

AAP  |  MONDAY, 24 JUN 2013
... news on Monday, Graincorp is recommending its shareholders accept Archer Daniels Midland Australia's $3 billion-plus takeover offer. Graincorp shares were up one cent, or 0.08 per cent, to $12.48. Leighton has secured a $1.3 billion deal with Fortescue ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
Financial advisers face a shrinking market and increased competition as the government's StrongerSuper reforms force smaller superannuation funds to merge, according to Jenny Wilcocks, a partner at law firm Holding Redlich. "The government's agenda ...

Wall Street to stage cyberattack wargame drill

ALEX DUNNIN  |  THURSDAY, 20 JUN 2013
Wealth management groups in the US are so concerned about cyber attacks they are staging an all out system wide drill to test their preparedness and countermeasures. The drill, code named Quantum Dawn 2, is set down for 28 June and is being co-ordinated ...

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
... Elders' shares have dived 10 per cent, or 0.9 cents, to 8.1 cents, after emerging from a trading halt with a rejection of a takeover bid for its rural services division. Takeover firm Ruralco's shares were down three cents to $3.36.