Market Report: Merger speculation gives Friends Provident a lift
May 29, 2008
The prospect of further mergers and acquisitions in the insurance market strengthened Friends Provident and led to rallies by several of its rivals yesterday. JP Morgan, whose analysts upgraded Friends from "neutral" to "overweight" on cost and valuation grounds, stoked the hopes in a new note to clients.
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EU widens antitrust probe into BHP Billiton's proposed acquisition of Rio Tinto
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for EU customers of the mining concerns.
EU widens Billiton-Rio Tinto probe
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed concerns about higher prices and reduced choice for European customers of the mining concerns. 
BHP eyes acquisitions
BHP Billiton is increasingly considering acquisitions in petroleum to add to growth opportunities within its business.
Woolies' acquisition drive blocked
Independent retailers claim victory after the ACCC blocks Woolies' strategy of 'creeping' retail acquisitions.
VDM narrows search for four acquisitions
Engineering firm VDM Group has narrowed its acquisition search to four potential business.
Orica has firepower for acquisitions
Orica is looking for acquisitions to add to its explosives businesses, a day after announcing it will spin off its consumer products division.
07/22/08
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AXA Asia Pacific Holdings Ltd says the company has $1 billion in surplus capital to facilitate any future acquisitions.
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AXA Asia Pacific Holdings says it is no longer pursuing an acquisition of Malaysian Assurance Alliance Berhad (MAA) in Malaysia.
Heineken loses fizz through S&N acquisition
Heineken, the giant Dutch brewer which recently bought out Scottish & Newcastle (S&N) in partnership with its rival Carlsberg, today said the £10 billion acquisition had been a drag on first half earnings despite a rising thirst among consumers for its premium brands.
ACCC rejects Woolies Karabar acquisition
The ACCC has rejected the proposed acquisition of the Karabar Supermarket in NSW by the nation's largest retailer, Woolworths Ltd, on competition concerns.
Foster's hangover not over
The Foster's share price reaction shows the board did the right thing to squeeze out Trevor O'Hoy - and that big acquisitions mostly don't work.
BHP Billiton pushes banks on $55b loan
BHP Billiton is expected to sign banks into the record $US55 billion ($A59.71 billion) loan backing bid Rio Tinto.
NAB completes Great Western acquisition
NAB has completed its $A836m acquisition of Great Western Bancorporation, the holding company of Great Western Bank in the US.
IAG rules out material acquisitions
Insurance Australia Group Ltd (IAG) said it did not expect to make any material acquisitions for another three years.
ACCC starts review of BHP's Rio bid
The competition watchdog has commenced its review of the proposed acquisition of Rio Tinto by BHP Billiton.
ACCC begins review of BHP merger plan
The competition watchdog has commenced its review of the proposed acquisition of Rio Tinto by BHP Billiton.
Chinalco says Rio stake not last overseas buy: report (Reuters)
Reuters - Chinese aluminum giant Chinalco, which this year led a $14 billion acquisition of 12 percent of Rio Tinto , said in remarks in an influential magazine that it will continue to seek acquisitions abroad.
Lend Lease cashed up for acquisitions
Property developer Lend Lease is looking for acquisitions, hoping to take advantage of the fallout in property markets driven by financial market volatility.
WorleyParsons makes Canadian acquisition
Engineering and mining services company WorleyParsons has made an acquisition in Canada, purchasing Westmar Consultants for $A48.68 million.
China welcome on Wall Street but...
Flush with hundreds of billions of dollars, China Inc. is still having trouble investing abroad, running into foreign security worries as it tries to acquire companies and...
China welcome on Wall Street but...
Flush with hundreds of billions of dollars, China Inc. is still having trouble investing abroad, running into foreign security worries as it tries to acquire companies and...
China welcome on Wall Street, but...
Flush with hundreds of billions of dollars, China Inc. is still having trouble investing abroad, running into foreign security worries as it tries to acquire companies and...
Miners' merger mania
Few expect the platinum producer Lonmin to escape the clutches of Xstrata, which last week stormed through its front door with a hostile £5bn takeover bid.
BHP Billiton posts record...
AFP - The world's biggest mining company BHP Billiton Ltd. posted a record 15.39-billion-US-dollar annual net profit Monday and said it expected Asian demand to remain strong...