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Showing 631 - 640 of 1259 results for "Takeover"

Market Wrap - Midday

AAP  |  TUESDAY, 12 APR 2011
... had affected sentiment on Asian markets, Mr Muller said, and investors were taking profits on Woodside Petroleum after takeover speculation had driven up its share price. Mr Muller also said that bauxite miner and alumina refiner Alumina was significantly ...

Market Wrap - Midday

AAP  |  MONDAY, 11 APR 2011
... detailed talks with Royal Dutch Shell, Woodside's biggest shareholder, for an eventual STG30 billion ($A46.7 billion) takeover of Woodside. BHP Billiton was up 97 cents at $48.73, while Rio Tinto had risen $1.76, or 2.04 per cent, at $88.01. Macquarie ...

Market Wrap

AAP  |  FRIDAY, 8 APR 2011
... said. ASX Ltd remained in a trading halt after Treasurer Wayne Swan announced he had blocked the proposed $8.4 billion takeover of the local securities exchange operator by the Singapore Exchange. Shares in ASX are due to resume trading at 1100 AEST. ...

Swan officially rejects ASX deal but is open to offers

RACHEL DAVIS  |  FRIDAY, 8 APR 2011
... through this deal would risk us losing many of our financial sector jobs. "So let's be clear, this is not a merger, it's a takeover that would see Australia's financial sector become a subsidiary to a competitor in Asia." Swan said that Australia welcomes ...

AFS rebuff takeover offers to go it alone

ELISE BURGESS  |  FRIDAY, 8 APR 2011
... group Australian Financial Services Group (AFS) will remain independent after confirming that it will no longer hold takeover discussions. AFS has said ownership will remain with its advisers and will retain open architecture, practical compliance, proven ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 6 APR 2011
... Media Group said it planned to sell $471 million in new shares after reaching a 90 per cent acceptance level for its takeover of Austereo Group. Southern Cross entered a trading halt on Wednesday morning, last trading at $1.73. Drilling and contract ...

ASX eyes merger alternatives

MATT WOODINGTON  |  WEDNESDAY, 6 APR 2011
... Peter Swan from the School of Banking and Finance, Australian School of Business, University of New South Wales, said a takeover could prove disastrous not just for ASX shareholders but the Australian financial services market suggesting that the ASX ...

AMP denies NZ takeover intentions

ELISE BURGESS  |  TUESDAY, 5 APR 2011
AMP has distanced itself from takeover talk surrounding New Zealand company, Skellerup, after the merger with AXA pushed its holdings above 20 per cent. Through the merger with AXA, AMP has acquired a number of New Zealand assets including holdings ...

Market Wrap - Midday

AAP  |  TUESDAY, 5 APR 2011
... was the best performer on Monday, up 1.64 per cent. Chinese state-owned Minmetals Resources launched a $6.29 billion takeover bid for the company. National turnover was over 1.6 billion shares worth $2.4 billion, with 520 stocks up, 462 down and 380 ...

Market Wrap - Morning

AAP  |  TUESDAY, 5 APR 2011
... Commerce in Australia. On Monday, the Australian share market closed higher for the fifth consecutive trading day, driven by takeover action following a positive lead from Wall Street. The benchmark S&P/ASX200 index was up 25 points, or 0.51 per cent ...