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Showing 71 - 80 of 94 results for "UK business"

NAB's former UK target Abbey National faces new takeover

AAP  |  MONDAY, 26 JUL 2004
... NAB, which tried three times to buy Abbey, is now on the sidelines with speculation that it may be selling its own UK business.

AMP incurs $3.6 billion writedown on HHG demerger

AAP  |  MONDAY, 16 FEB 2004
Financial services group AMP Ltd incurred a $3.6 billion writedown on its HHG demerger, it said last week. AMP said in its explanatory memorandum for the demerger of its UK businesses late last year, it valued HHG at $3.2 billion which would result ...

New name for AMP's demerged Australian operations

... into a multi-manager structure. Investors remain cool towards the pending separate listing of AMP's Australasian and UK business activities. AMP shares fell two cents in early trade today, and were last changing hands at $5.77. Shares in HHG plc, the ...

AMP to brief analysts today on HHG

AAP  |  FRIDAY, 28 NOV 2003
Financial services group AMP Ltd will brief analysts this morning on the planned listing of its British business HHG plc. AMP said yesterday listing particulars for HHG, the UK-based operations of AMP to be formed post the group's proposed demerger ...

NAB boss says UK operations in good shape

AAP  |  FRIDAY, 28 NOV 2003
National Australia Bank Ltd chief executive Frank Cicutto has defended the bank's United Kingdom operations, saying they are still well positioned for growth. Mr Cicutto said there had been "a lot of noise and debate about our UK operations". However ...

AMP share price opens lower after Cicutto comments

AMP's share price opened a further 15 cents lower this morning at $6.40, following National Australia Bank (NAB) chief Frank Cicutto's comments Friday criticising aspects of the proposed demerger. In a statement to the Australian Stock Exchange, Mr ...

NAB quiet on AMP plans

AAP  |  WEDNESDAY, 15 OCT 2003
... received regulatory approval in Australia and the UK to split the company into two pieces; an Australasian business and a UK business. AMP's de-merger document is due for release later this month. "We'll wait for the de-merger documents and then consider ...

Afternoon Market Wrap: AXS hits 16-month high

... cents weaker at $16.50. Troubled life insurer and fund manager AMP, which revealed it will slash the book value of its UK business by $2.4 billion under its demerger plan, slumped 19 cents to $6.91. All Ordinaries 3291.6 +8.6 NASDAQ 1933.53 +18.22 Dow ...

AMP faces $1 billion writedown

AAP  |  TUESDAY, 14 OCT 2003
Troubled financial services group AMP Ltd will reportedly take another $1 billion hit on the value of its United Kingdom business. The Australian Financial Review reported today the writedown will come as part of AMP's planned demerger of its Australasian ...

AMP shares soar as Mohl details demerger plan

AAP  |  MONDAY, 13 OCT 2003
... amount of money in early 2004. Mr Mohl said it would have been helpful for the demerger and the recapitalisation of the UK business if AMP had been able to sell its National Provident Institution (NPI) life insurance business in Britain. NPI, which was ...