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Showing 541 - 550 of 1259 results for "Takeover"

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
... Telstra Corporation are all due to post full year results, while Sundance Resources is due to give an update on the Hanlong takeover. In Australia, the market on Wednesday continued to rally at three-month highs, with broad-based gains from the financial ...

Austock seeks liquidity for shareholders who want out

BEN COLLINS  |  TUESDAY, 7 AUG 2012
... Australian Securities Exchange (ASX). The buy-back announcement comes after Mariner Corporation Limited withdrew a proposed takeover bid for Austock. Mariner withdrew its offer after it labeled Austock's sale of its property funds management business ...

APA gets HDF books

BEN COLLINS  |  MONDAY, 6 AUG 2012
... after it made a proposal to increase its offer for the fund. Energy infrastructure investor Hastings is subject to two takeover offers: a cash-and-scrip offer from APA Group (APA) and an all-cash offer from Pipeline Partners Australia (PPA). In a statement ...

TO Panel rejects HDF complaint

BEN COLLINS  |  TUESDAY, 31 JUL 2012
... provision of a proper and full independent evaluation of the internalisation of management of HDF in the context of a takeover bid for HDF by Pipeline Partners Australia (PPA)," said the Takeovers Panel. "The Panel considered that the application was ...

Market Wrap

AAP  |  MONDAY, 30 JUL 2012
... Billabong shares gained 0.25 cents to $1.35 at 1039 after the retailer said US private equity firm TPG's $1.45 a share takeover offer undervalued the company. The mining giants and the four major banks were all higher at open. BHP Billiton was up 16 ...

Market Wrap

AAP  |  FRIDAY, 27 JUL 2012
... Billabong shares gained 0.25 cents to $1.35 at 1039 after the retailer said US private equity firm TPG's $1.45 a share takeover offer undervalued the company. The mining giants and the four major banks were all higher at open. BHP Billiton was up 16 ...

Heads roll at Nomura

BEN COLLINS  |  FRIDAY, 27 JUL 2012
... offerings in 2010 to favored fund managers after a prolonged investigation. In the wake of the departures, potential takeover bids are being reported. "Bank of Tokyo-Mitsubishi UFJ (BTMU) could be priming a takeover bid in order mainly to gain control ...

Redundancies tipped at Plan B

BEN COLLINS  |  FRIDAY, 27 JUL 2012
... has unanimously recommended that shareholders accept the IOOF offer for 60 cents per ordinary share, in an off-market takeover that would see IOOF gain $2.2bn in funds under management. In a statement to the ASX yesterday IOOF said that it expected job ...

HDF to engage with APA on bid

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
... of Hastings Funds Management has said it will engage with APA Group following yesterday's announcement of an increased takeover offer. APA Group raised its cash and scrip bid for east coast gas pipeline owner Hastings Diversified Utilities Fund (HDF) ...

TO Panel silences Mariner

BEN COLLINS  |  THURSDAY, 26 JUL 2012
The Takeovers Panel has slapped an interim order on Mariner Corporation after comments made by its chief executive officer to the media. Mariner Corporation had applied to the takeovers panel to stop the sale of Austock's property business, which it ...