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

Search Results

Showing 51 - 60 of 100+ results for "Australian Competition"

IOOF determined to get a slice of the trust pie

LAURA MILLAN  |  FRIDAY, 20 SEP 2013
... Trust Company board ended up recommending its shareholders to vote for the Perpetual offer. However, the Australian Competition and Consumer Commission (ACCC) conducted an investigation over concerns that Perpetual's acquisition of The Trust Company ...

ACCC approves Perpetual offer for The Trust Company

LAURA MILLAN  |  THURSDAY, 19 SEP 2013
The Australian Competition and Consumer Commission (ACCC) will not oppose the Perpetual buyout offer for The Trust Company as the acquisition "is unlikely to lead to a substantial lessening of competition in any relevant market." The decision came after ...

The Trust Company to consider IOOF offer

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
... to $0.17 per share. The key to the IOOF offer is the fact that is not conditional on the approval of the Australian Competition and Consumer Commission (ACCC) at a time when Perpetual is waiting for the ACCC to determine whether or not its offer would ...

EQT takes the hit on the battle for Trust

LAURA MILLAN  |  FRIDAY, 30 AUG 2013
... is so far recommending the Perpetual offer to its shareholders. However, EQT brought the proposal to the Australian Competition and Consumer Commission (ACCC) on the grounds that it could damage competition in the trustee market. The ACCC will release ...

Perpetual not concerned about ACCC initial report

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
Perpetual is not concerned about the Australian Competition and Consumer Commission (ACCC) preliminary views, which suggested that Perpetual's takeover bid for The Trust Company could harm market competition. "This is a natural step of the process," ...

Market Wrap AM

AAP  |  MONDAY, 29 JUL 2013
... gains. At 0823 AEST on Monday, the September share price index futures contract was up eight points at 5016. Australian Competition and Consumer Commission chairman Rod Sims is slated to speak at at the Australian Institute of Company Directors Leaders' ...

EQT extends offer period for The Trust Company

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... possibility of a total increase of $15 million per year. The company said that it is also waiting for the Australian competition and Consumer Commission (ACCC) to announce the results of the review of Perpetual's proposal to acquire The Trust Company. ...

Former First State Super director joins ACCC

MARK SMITH  |  TUESDAY, 16 JUL 2013
Former First State Super director Cristina Cifuentes has been appointed a commissioner at the Australian Competition & Consumer Commission (ACCC). Cifuentes started in her new role in May 2013 and has been appointed for a five year term. She is responsible ...

ACCC postpones Perpetual and Trust merger ruling

MARK SMITH  |  THURSDAY, 4 JUL 2013
The Australian Competition and Consumer Commission (ACCC) has delayed making a decision on Perpetual's proposed takeover of The Trust Company to allow Perpetual to provide it with extra information. The decision date was previously slated for 11 July ...

EQT formalises improved offer for The Trust Co

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... facilitate Perpetual's ability to dominate the trustee company sector." The issue is currently considered by the Australian Competition and Consumer Commission (ACCC) after a formal submission from EQT. EQT is offering to give shareholders 37 EQT shares ...