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Showing 41 - 50 of 76 results for "Foreign Investment Review Board"

Kiwi firm rejects AustralianSuper takeover bid

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... cited other "unattractive" aspects of the offer, one being meeting material conditions from the Foreign Investment Review Board and Overseas Investment Office approvals in Australia and New Zealand. Another is that shares in Trustpower would be distributed ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... said. The proposal is subject to a number of approvals, including receiving the go-ahead from the Foreign Investment Review Board, due diligence and securing debt financing. Link chief executive John McMurtrie is due to retire early 2021. QBE executive ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... transaction is expected to be completed by January 2021 and is subject to shareholder and the Foreign Investment Review Board approval.

Dealmakers hold off investing in Australia

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... pre-occupation of regulators in managing issues around the pandemic, and the revamped plans for the Foreign Investment Review Board framework. In addition, 78% of dealmakers say they have postponed or cancelled investments due to COVID-19 as the looming ...

Government announces fresh crackdowns on foreign investments

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... process for passive investments. The first will see all foreign investors face a review by the Foreign Investment Review Board (FIRB) when they are investing in businesses that are deemed to pose "sensitive national security" risks. The exact businesses ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
... government's FIRB reforms, which require every foreign investment proposal to be scrutinized by the Foreign Investment Review Board, could reduce interest in Australia as a destination for investment. "The reforms importantly aim to safeguard the national ...

COVID-19 spurs greater scrutiny of foreign investment

KANIKA SOOD  |  MONDAY, 30 MAR 2020
... can be beneficial if in the national interest," the Treasurer said. The move is backed by the Foreign Investment Review Board (FIRB). FIRB will work with existing and new applicants to extend the time frame for reviewing applications from 30 days to ...

Dexus partners with sovereign wealth fund

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... in the core portfolio and a 49% stake in the development landbank, subject to approval by the Foreign Investment Review Board. GIC also has options to acquire additional 24% by June 2020. Dexus says the joint venture may add other investors over time ...

Australian Unity mulls fund takeover

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... opinion that it is in their best interests. The acquisition is also subject to Starwood receiving Foreign Investment Review Board approval. The AOF holds nine office properties in Sydney, Adelaide, Melbourne, Brisbane and Canberra.

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... attractive risk-adjusted return to Blue Sky investors in these funds. The sale is conditional on Foreign Investment Review Board approval and settlement is expected to complete in September 2018. In June, Blue Sky told the market that Oaktree Capital ...