Tag: Takeovers
Market finishes marginally higher
The Australian share market finished flat on Friday, after initially making gains on a positive lead from Wall Street overnight.[MORE]
Union up-beat about juice plant sale
A union is welcoming the sale of a vegetable juicing plant at Merbein, despite remaining workers at the factory being given their notice this week.[MORE]
Market higher on business confidence and job ads
The Australian share market finished the day slightly higher, on the back of strong business confidence and job advertisements data, which provided further evidence of the economy's resilience.[MORE]
Tully Sugar eyes takeover
Another sugar milling takeover has been proposed in far north Queensland.[MORE]
Takeover bid for Arrow not unexpected
A senior resources analyst says it is no surprise to see a move by Shell and Petro China to acquire the gas company Arrow Energy.[MORE]
Arrow Energy takeover offer pushes market higher
The Australian share market has made a good start to the week, closing almost 1 per cent higher today, on the back of rising commodity prices and a multi-billion dollar takeover offer.[MORE]
Macarthur Coal makes bid for Hunter miner
A company that operates two coal mines in Queensland's Bowen Basin is trying to take over a New South Wales coal miner.[MORE]
Murray Goulburn offer a 'mockery'
Warrnambool Cheese and Butter (WCB) says Murray Goulburn's move to buy a stake in the company makes a mockery of its previous takeover offers.[MORE]
Green light for meatworks takeover
The federal competition watchdog has approved Swift Australia's takeover of the Tatiara meatworks in Bordertown, in south-eastern South Australia.[MORE]
Shareholders get more time to consider sugar bid
Maryborough Sugar says it remains committed to its plan to take over Tully Sugar in far north Queensland.[MORE]
Seven announces surprise WesTrac merger
The Seven Network has announced plans to merge with Kerry Stokes' heavy equipment firm, WesTrac Holdings.[MORE]
Industry welcomes Medibank sale proposal
A private health insurer has welcomed the opposition's Medibank sale proposal, but there are questions about what price it would fetch.[MORE]
Dairy firm rejects second takeover offer
The board of Warrnambool Cheese and Butter (WCB) has rejected a second takeover bid from the Murray Goulburn Co-Operative.[MORE]
AMP 'patient' over Axa bid, may increase offer
The wealth manager AMP is expecting its takeover battle for its rival AXA Asia Pacific Holdings to be drawn out.[MORE]
Dairy co-op launches second takeover bid
The Murray Goulburn Co-operative (MGC) has made a revised takeover bid to a rival dairy company.[MORE]
AXA returns to profit, quiet on takeover
AXA Asia-Pacific, which is being circled by National Australia Bank and AMP, posted its biggest annual profit since 2003, but made no immediate comment on the takeover tussle. [MORE]
Almond farm makes $25m takeover offer
Northern Victoria's biggest almond farm operator has made an offer for another large property near Robinvale in the north-west.[MORE]
ACCC considers AMP-AXA as potential 'fifth pillar'
The competition regulator has deep concerns about NAB's bid for AXA, opening a possible window for AMP's offer.[MORE]
Cadbury job losses 'pre-date' Kraft takeover
The union representing manufacturing workers says 23 more employees at the Cadbury factory at Claremont in Tasmania have been made redundant with a week's notice.[MORE]
Coal miner rejects Indian takeover bid
A coal company exploring the Bowen Basin in central Queensland has rejected a takeover bid from an Indian-based steel company.[MORE]
Bank of America faces NY lawsuit
New York state officials have filed a lawsuit against Bank of America and its former top executives.[MORE]
Kraft clinches Cadbury takeover deal
Kraft has clinched a takeover deal for Cadbury after winning support from shareholders.[MORE]
Farmer fears WCB takeover impact
A south-west Victorian dairy farmer says a takeover of Warrnambool Cheese and Butter (WCB) by Murray Goulburn would hurt farmers.[MORE]
Dairy takeover bid gets second run
The Murray Goulburn Co-operative will not give up its push to buy out Warrnambool Cheese and Butter (WCB), after an unsuccessful takeover bid last year.[MORE]
Government quizzes private equity on tax concerns
The Australian Government has been asking private equity firms about their opinion on tighter tax rules.[MORE]
