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Showing 681 - 690 of 1259 results for "Takeover"

Political heat rising on ASX takeover

JOHN MCDULING  |  TUESDAY, 26 OCT 2010
Politicians from both sides of the aisle have reacted cautiously to the Singapore Exchange's (SGX) takeover bid for the ASX. In a note to clients, JPMorgan analyst Russell Gill said he believed it would be difficult for the government to reject the ...

Market Wrap - Midday

AAP  |  TUESDAY, 26 OCT 2010
... interest rate rises outside of the central bank's own. Westpac was down seven cents at $22.88 after announcing that its takeover of St George Bank had led to a contribution to annual statutory net profit of $685 million in fiscal 2010.

Market Wrap - Morning

AAP  |  TUESDAY, 26 OCT 2010
... precursor to banks' earnings season. The other three of the big four banks are due to report annual results during the week. Takeover target Perpetual Ltd also holds its annual general meeting, as do Worley Parsons Ltd, Prime Financial Group Ltd, Transurban ...

Singapore makes $8.4bn grab for ASX

JOHN MCDULING  |  MONDAY, 25 OCT 2010
... combination of cash and SGX stock, a 37 per cent premium to Friday's closing price of $34.96, in what effectively amounts to a takeover by the Singapore exchange. Both boards have unanimously approved the transaction. Peter Sartori, chief investment ...

Perpetual rejects KKR, open to better offer

JOHN MCDULING  |  MONDAY, 25 OCT 2010
Perpetual has rejected Kohlberg Kravis Roberts' (KKR) takeover proposal, but has left the door firmly ajar for an improved offer. "The board considers that the proposed price in the range of $38 - $40 per share does not reflect Perpetual's value," the ...

Perpetual Private Wealth targets growth

RUTH LIEW  |  FRIDAY, 22 OCT 2010
... prior year. Earlier this week, Perpetual announced private equity firm Kohlberg Kravis Roberts & Co (KKR) has made a takeover bid for the firm. KKR approached the firm to buy all of its shares at $38 to $40 per share. The Perpetual Board has formed a ...

KKR bids for Perpetual

RUTH LIEW  |  MONDAY, 18 OCT 2010
Private equity firm Kohlberg Kravis Roberts & Co (KKR) has made a takeover bid for Perpetual. According to an ASX statement this morning, Perpetual announced KKR approached the firm to buy all of Perpetual's shares at a price of $38 to $40 per share. ...

Market Wrap - Midday

AAP  |  THURSDAY, 23 SEP 2010
... $39.11. Potash Corp of Saskatchewan asked a US court on Wednesday to block a $US39 billion ($A40.93 billion) hostile takeover by BHP Billiton on the grounds BHP has made "false statements and half-truths" to try to manipulate the perceived value of the ...

NGS Super takes fresh route to tap EM

ELISE BURGESS  |  FRIDAY, 27 AUG 2010
... manager in Australian equities with the view of creating a mandate that would comprise of companies that are potentially takeover targets of Asian companies. "So looking at it from the view of giving us differentiation in the market compared to our competitors ...

CFS replaces 452 Capital with Integrity, CFSGAM

JOHN MCDULING  |  MONDAY, 23 AUG 2010
... Fiani, the former head of equities at UBS Asset Management, famously left the Swiss giant after opposing a private equity takeover of Qantas, a position many in the industry feel was vindicated by Qantas share price performance in subsequent years. Integrity ...