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Showing 31 - 40 of 42 results for "Asian business"

Prudential scraps AIG deal

COMPANY RELEASE  |  FRIDAY, 4 JUN 2010
... follows a statement from the company two days ago that said it was backing away from negotiations to buy AIG's Asian business AIA. That same statement said the termination agreement required Prudential to pay AIG the break fee in full, which was estimated ...

NAB gains more time on AXA deal

ASX RELEASE  |  TUESDAY, 1 JUN 2010
... approval for the proposal to proceed. The proposal involved NAB purchasing all of AXA Asia Pacific and divesting the Asian business to AXA SA. Separately, following the ACCC's decision, researcher Roy Morgan released a report that shows a combined NAB/AXA ...

NAB a step closer to buying AXA

COMPANY RELEASE  |  WEDNESDAY, 31 MAR 2010
National Australia Bank 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 ...

AXA APH extends deal with NAB

MICHAEL HOBBS  |  MONDAY, 22 MAR 2010
AXA Asia Pacific Holdings (AXA APH) has agreed with National Australia Bank (NAB) to extend the agreement until 29 March this year but all eyes remain on the ACCC's decision next month. The agreement means the terms deed has been extended from 17 December ...

AUI hires former Intech exec

PRESS RELEASE  |  WEDNESDAY, 3 MAR 2010
... of its intranet system. "Her experience in institutional client development, investment operations support and Asian business development makes her particularly well suited for her role at AUI," said David Bryant, head of AUI.

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 ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 AUG 2009
The Australian share market was higher at noon on strong performances by the resources and financial sectors. At 1200 AEST, the S&P/ASX 200 was 66.1 points higher, or by 1.55 per cent, at 4329.5, while the broader All Ordinaries rose 64.6 points, or ...

AIG Australia to be retained

ALEX DUNNIN  |  TUESDAY, 7 OCT 2008
AIG international has advised the market and policyholders that it will be retaining a majority interest in its Asian insurance companies, including its Australian life insurance operation AIG Life Australia. The announcement is part of AIG's commitment ...

Russell appoints CIOs

MICHAEL HOBBS  |  MONDAY, 3 MAR 2008
Russell Investment Group has appointed Christophe Caspar and Symon Parish to chief investment officers (CIOs) of the Asia Pacific and Australasian businesses respectively following Peter Gunning's promotion. Caspar has been involved with Russell Investment ...

AXA appoints new Aus CEO

CHRIS NICHOLLS  |  WEDNESDAY, 29 AUG 2007
AXA Asia Pacific has announced it will appoint current chief financial officer for Australia and New Zealand, Warren Lee, as chief executive officer for Australia, beginning September 1. Reporting to group chief executive Andrew Penn, Lee's first task ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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