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Showing 631 - 640 of 2017 results for "BID"

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

Chant West sale hits roadblock

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in. On February 18, Chant ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
Australia's banks will extend the six-month deferral of loans to 30,000 more businesses, in a bid to assist commercial landlords struggling to do the right thing by their tenants during the crisis. The Australian Banking Association's (ABA) small business ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... injected around $2 billion into state bonds, as it expands its unconventional monetary policy measures. The move comes as a bid to revive the ability of the states, particularly New South Wales and Victoria, to borrow and fund their own stimulus packages. ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... including high-yield credit but also safer assets such as Australian government bonds -- universe and traders face higher bid/offer spreads. Kapstream's flagship absolute return income fund, for example, last week pushed up its buy/sell spread for ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... would have to believe that it will take resources away from 'profit centres' and constrain non-interest income in a bid to prioritise community expectations over shareholder expectations. "Given the pressure on net interest margins and non-interest ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... Brisbane presence and maintain a local presence," McGuigan said. Earlier this year the firm launched a $174 million take-over bid for New Zealand real estate fund manager Augusta Capital, in a move designed to help the manager realise its dream of becoming ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... said. On Friday, the UK's Financial Conduct Authority temporarily prohibited short selling of certain Italian stocks in a bid to calm the market after Milan's stock market fell 17%. The stocks included Ferrari, Juventus and Lazio football clubs ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... following!" The same day, the Federal Reserve issued an emergency rate cut, reducing interest rates by 0.5% to 1-1.25% in a bid to support the US economy "as it responds to the global coronavirus outbreak". The US central bank is expected to cut interest ...

JP Morgan's coronavirus contingency plan

ALLY SELBY  |  THURSDAY, 5 MAR 2020
... pandemic. Thousands of the bank's US employees have been asked to spend a day working from home in the coming weeks; in a bid to iron out any kinks should the virus spread throughout the United States, causing JP Morgan to close its domestic offices. ...