Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 641 - 650 of 713 results for "Suncorp"

Suncorp-Promina merger relies on IT integration

WWW.THESHEET.COM  |  WEDNESDAY, 8 NOV 2006
A key part of Suncorp's merger with Promina relies on spending $395 million to integrate their information technology infrastructure in return for securing savings of $225 million within two years. Part of the challenge is Suncorp already manages a ...

Market wrap - morning

AAP  |  WEDNESDAY, 25 OCT 2006
... vacancies index for October. In corporate news, Air New Zealand, Origin Energy, Biota Holdings, and takeover aspirant Suncorp-Metway are among those holding annual general meetings, and Dairy Farmers will unveil its annual results. Yesterday, the drought ...

Insurance brands to stand in Promina and Suncorp merger

WWW.THESHEET.COM.AU  |  TUESDAY, 24 OCT 2006
The house of brands approach used by Suncorp and Promina will remain in place following the merger of the two, but with some refinement. Suncorp uses the Suncorp brand in banking and wealth management, and the GIO brand in insurance. Promina has a host ...

Suncorp set to pay $7.9b for Promina

Suncorp-Metway (Suncorp) has proposed to acquire all the shares in Promina for around $7.9 billion in a deal that would form a $20 billion diversified financial services group with Suncorp chief executive officer, John Mulcahy, at the helm. Under the ...

Market wrap - midday

AAP  |  MONDAY, 23 OCT 2006
... pressure on the Reserve Bank to lift interest rates," Mr Klusman said. He said the big mover of the day was insurance company Suncorp. "People had expected a bid for Suncorp from Westpac at $25 a share and that didn't eventuate and Suncorp has announced ...

Market wrap - morning

AAP  |  MONDAY, 16 OCT 2006
... market interest is expected to continue to centre on the insurance sector, after last week's $7.87 billion takeover bid by SunCorp-Metway for Promina Group. Also, the Housing Industry Association gives the state and national outlook for the September ...

Market wrap - morning

AAP  |  FRIDAY, 13 OCT 2006
... market interest is expected to continue to centre on insurer Promina Group after it indicated its interest in accepting Suncorp-Metway's $7.87 billion takeover bid. The Australian stock market finished lower yesterday with profit taking and energy stocks ...

Suncorp bids for Promina and a national footprint

HAMISH MADDEN  |  THURSDAY, 12 OCT 2006
Shares in Promina Group, parent of Tyndall and Asteron, have rocketed ahead on news that giant Queenslander Suncorp has made a billion dollar play for the business in a move that would see Suncorp extend its formidable sunshine state presence across ...

Land of the giants: World's top 500 fund managers

... 358 Perennial Investment Partners 375 Challenger Financial Services Ltd 397 Insurance Australia Group 403 Lend Lease 406 Suncorp Metway Limited 452 Balanced Equity Management Ranked by total global assets under management as at 31 December 2005 Michelle ...

Suncorp increases market share and profits

Suncorp's announcement of $1 billion in underlying profit in its annual results has triggered the possibility of a share buy-back - good news for investors. Suncorp chairman, John Story, said the group's strong balance sheet could drive a return of ...