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Showing 581 - 590 of 1259 results for "Takeover"

ACCC gives CBA Count acquisition the go-ahead

CLAIRE MCGREAL  |  FRIDAY, 18 NOV 2011
... Financial Limited will meet in Sydney next week to discuss the schemes of arrangement required for Commonwealth Bank's takeover of the firm. This follows yesterday's decision from the Australian Competition and Consumer Commission (ACCC) to give the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 NOV 2011
The Australian share market is set to open higher after Wall Street rose on news Italian Prime Minister Silvio Berlusconi would resign once a new budget was passed. At 0829 AEDT on Wednesday, the December share price index futures contract was up 56 ...

DHS to takeover early super release on compassionate grounds

CLAIRE MCGREAL  |  FRIDAY, 28 OCT 2011
The government has announced a structural shake-up of the early release of superannuation benefits on specified compassionate grounds. From next month, the Department of Human Services (DHS) will take over the administration of the payments from Medicare/DHS ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 OCT 2011
... yen from 77.21 yen on Friday. Gold stood at $US1.682 an ounce, up from $US1.678 on Friday. Markets also digested major takeover news. US gas pipeline and energy storage giant Kinder Morgan on Sunday announced a deal to buy rival El Paso Corp for about ...

ING IM equities head departs

MATT WOODINGTON  |  THURSDAY, 13 OCT 2011
... Management's chief investment officer of asset strategies and alternatives, James Wright, has left the company following its takeover by UBS. A Morningstar analyst confirmed that Wright has left ING IM and will not move across to UBS as part of the acquisition. ...

UBS shuts ING Australian alpha funds

MATT WOODINGTON  |  WEDNESDAY, 12 OCT 2011
ING Investment Management has terminated two of its Australian share funds, following its takeover by UBS Global Asset Management. The ING Alpha Plus Australian Share Fund and the ING Extended Alpha Australian Share Fund both closed on October 6. ING ...

IOOF seals DKN takeover

MATT WOODINGTON  |  TUESDAY, 4 OCT 2011
... deal, which the two firms agreed to in June. DKN's management structures are expected to remain in place following the takeover, which is being conducted through Austselect, a wholly owned subsidiary of IOOF. IOOF Holdings had $104.5 billion in funds ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 SEP 2011
... after a New York Times report said it is facing a $US50 billion ($A50.67 billion) shareholder lawsuit related to its takeover of Merrill Lynch. The bond market rose slightly. The 10-year Treasury bond yield was at 2.00 per cent compared to 2.00 per cent ...

IOOF takeover receives 99% approval

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
Eligible DKN shareholders have expressed full support for the proposed takeover by IOOF Holdings, voting 99% in favour of the move. In a shareholder meeting to vote on the proposed Scheme of Arrangement, 98.2% of DKN shareholders registered their vote ...

INGIM cuts jobs before takeover

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ING Investment Management is cutting staff numbers in the lead up to its takeover by UBS Asset Management, with estimates at 36 staff cuts to date. Notice of potential job cuts was given back in June when news of the takeover was announced, with the ...