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| | | ... cent cut in its spot price for the metal. But Prudential rose 1.9 per cent on news that the British insurer had axed its takeover of AIG's Asian unit, AIA, following a shareholder revolt over the proposed deal. The Hang Seng Index dropped 25.15 points ... |
| | | | ... Queensland as they digest the long-term revenue streams for specific projects, while the proposed tax is already lowering takeover price bids for established projects. The ISN report argues that these reactions and stock sell-offs are excessive because ... |
| | | | ... Western Australia. Oil and gas producer Woodside Petroleum rose 41 cents to $45.76, and Santos ascended 43 cents to $13.96. Takeover target Arrow Energy was three cents richer at $5.18 after the Foreign Investment Review Board approved the joint Royal ... |
| | | | ... self-managed super funds (SMSF). To exclude these major competitors (industry funds and SMSFs) from the analysis of the takeover would be wrong given they are all "effectively 'retail' funds from the consumers' point of view," argued the report. Norman ... |
| | | | ... to see whether it will challenge the ACCC's (Australian Competition and Consumer Commission's) decision to reject its takeover bid for AXA Asia Pacific," she said. |
| | | | ... Gloucester Coal eased one cent to $12.19 as its independent directors continued to recommend that shareholders accept a takeover proposal by Macarthur Coal. Macarthur, itself is subject to two competing takeover bids, was $1.14 higher at $16.69. CBH ... |
| | | | ... bid for Gloucester Coal, has been deferred to Monday, April 19. The Australian share market closed higher on Friday, as takeover activity among coal stocks boosted the energy sector. The benchmark S&P/ASX200 index closed up 10.2 points, or 0.21 per cent ... |
| | | | ... Australian share market was marginally stronger at noon, driven by gains in energy and mining stocks amid heightened takeover activity in the coal sector. At 1205 AEST, the benchmark S&P/ASX200 index was up 6.9 points, or 0.14 per cent, at 4,944.8 points ... |
| | | | The Australian share market remained higher at noon with takeover activity in gold stocks and strength in resources stocks driving the gains. At 1200 AEDT, the benchmark S&P/ASX200 index was up 22.3 points, or 0.46 per cent, at 4,897.8 points, while ... |
| | | | ... shareholder New Hope Corporation Ltd said it would vote its 16.7 per cent stake in the company in favour of the $4.70 per share takeover bid for that company by Royal Dutch Shell and PetroChina. "New Hope has capitulated so there will be a bit of loss-taking ... |
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