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Showing 491 - 500 of 1259 results for "Takeover"

Perpetual to acquire The Trust Company

MARK SMITH  |  TUESDAY, 7 MAY 2013
Perpetual has entered into an agreement to takeover The Trust Company and buy 100% of its ordinary shares, in a deal expected to be worth $220 million. According to an announcement on the Australian Securities Exchange (ASX), it is proposed The Trust ...

Market Wrap PM

AAP  |  THURSDAY, 2 MAY 2013
... million. GrainCorp shares lifted six cents, or 0.47 per cent, to $12.87 after it announced due diligence regarding its takeover by Archer Daniels Midland (ADM) was completed. US stocks tumbled on Wednesday following weak employment and manufacturing ...

Market Wrap PM

AAP  |  FRIDAY, 26 APR 2013
... cents to $32.625. Among other stocks, Agribusiness GrainCorp was in a trading halt after it agreed to a $3.02 billion takeover bid by suitor Archer Daniels Midland Company. GrainCorp last traded at $11.87. Sleep disorder equipment supplier ResMed was ...

EQT appoints interim CIO

LAURA MILLAN  |  WEDNESDAY, 24 APR 2013
... Equity Trustees (EQT) has appointed George Boubouras as interim chief investment officer pending the outcome of EQT's takeover offer for The Trust Company. Boubouras joins EQT from UBS Wealth Management where he was head of investment strategy and consulting ...

Austock Group company secretary resigns

ALICE URIBE  |  WEDNESDAY, 24 APR 2013
... existing investee (sic) companies," the company said in an announcement. Austock's property business was the subject of dual takeover bids from Mariner Corporation, and the eventual winner Folkestone - which saw Mariner take Austock to the Takeovers ...

Market Wrap PM

MARK SMITH  |  WEDNESDAY, 24 APR 2013
... its drug to treat bronchiectasis. And, Billabong shares dropped 0.5 cents to 47.5 cents after it said it was extending takeover talks with the Sycamore consortium. In economic news on Wednesday, Reserve Bank of Australia deputy governor Philip Lowe is ...

EQT offer is undervalued and opportunistic: The Trust Co

LAURA MILLAN  |  MONDAY, 22 APR 2013
The Trust Company (Trust Co) has rejected the takeover offer from Equity Trustees (EQT) and asked its shareholders to ignore the "materially undervalued and opportunistic offer," in a statement to the Australian Securities Exchange (ASX). The Trust ...

Former Citigroup broker convicted for insider trading

LAURA MILLAN  |  FRIDAY, 19 APR 2013
... was fined $20,000 and had a conviction recorded. According to ASIC, Hebbard had inside information regarding a possible takeover of Vision Systems Limited (VSL). In July 2006 Hebbard, who was 75 and an employee of Citigroup in Perth, communicated the ...

Bissaker sets sights on Big Four market share

MARK SMITH  |  THURSDAY, 11 APR 2013
... announced yesterday. He replaces outgoing VMA managing director David Curneen. At the same time the BOQ announced the takeover of VMA for $40 million. The transaction expected to be completed on 30 April 2013 with BOQ paying an ongoing royalty to Virgin ...

Market Wrap PM

AAP  |  TUESDAY, 9 APR 2013
... Monday that it had ended talks with Hanlong Mining after the Chinese company ran into problems financing a $1.3 billion takeover deal. Overnight on Wall Street, stocks closed higher in anticipation of company earnings season, which kicks off this week. ...