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Showing 6521 - 6530 of 6682 results for "Sale"

Macquarie Bank buys into UK water firm for $948m

AAP  |  THURSDAY, 2 OCT 2003
Macquarie Bank Ltd today said it had acquired British water utility South East Water plc (SEW) and its affiliated businesses for about $948 million. SEW is the second largest of the 12 Water Only Companies in Britain and supplies 400 million litres ...

August retail sales up 1.0%, dwelling approvals down 2.4%: ABS

Australian consumer spending growth remains buoyant, with the Australian Bureau of Statistics (ABS) today reporting retail turnover rose a further 1.0% in August. The gain follows revised increases of 0.9% in July and 1.1% in June, while the level of ...

Tower Australia closes annuities portfolio to new business

... was in line with the adoption of a multi-manager approach to its Australian equities portfolio. The latest moves follow the sale of the trans-Tasman insurer's New Zealand trust business in August, and an earlier $NZ 211 million ($A188 million) equity ...

Australian insurer AMP prefers UK demerger

AAP  |  TUESDAY, 30 SEP 2003
... source close to the talks told Reuters on Monday. "At the moment it looks like the demerger is the more likely outcome than a sale," the source said. Sources told Reuters this month that AMP was talking to at least two possible suitors, including U.S. ...

Banks, resources supported, telcos challenged : Citigroup

AAP  |  MONDAY, 29 SEP 2003
An improving global economic outlook and a stabilising credit environment supports the bank and resources sector while operating conditions for telecommunications remain challenging, a credit analyst said today. While corporate bond supply remains patchy ...

New Zealand growth slows in second quarter, figures reveal

AAP  |  FRIDAY, 26 SEP 2003
New Zealand's economy grew at its slowest pace in 11 quarters in the three months to June 30, hit by a power supply crisis, the SARS virus and weak exports, according to data released today. Gross domestic product rose 0.2 per cent in the second quarter ...

S&P lowers Lend Lease rating to BBB

AAP  |  FRIDAY, 26 SEP 2003
... divesting these assets. The divestment process will be dictated by existing contractual arrangements that limit a potential sale. Management will look to either reinvest the sale proceeds in the operating businesses or return the funds to shareholders. ...

ANZ still has some hurdles to jump in NBNZ aquisition

AAP  |  FRIDAY, 26 SEP 2003
... are only going to sell if they can get a decent price for it." Mr McDonald said if the two parties can agree on a price the sale should be completed by mid-November. He believed ANZ, which recently raised $1 billion in a preference share issue, would ...

David Jones expects profit in 2003/04 after announcing net loss

Upmarket retailer David Jones Ltd today said it expects its 2003/04 profit (after tax) to be between $52 million and $56 million - before reset preference shares. The retailer today posted a net loss for the year ended 26 July 2003 of $25.5 million ...

IOOF financials show strong growth ahead of ASX listing

... March, our growth in funds under management has been more than 200 per cent." The profit included a one-off benefit from the sale of the Health Fund of $7 million. IOOF is one of Australia's largest independent providers of superannuation and funds management ...