Macquarie acquisition 'may be imminent'
May 29, 2008
Macquarie Group could be poised to make a big acquisition because it is raising capital when it already has $3 billion on its balance sheet, a broker says.
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.
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.
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
Similar news about Acquisition
Woolies' acquisition drive blocked
Independent retailers claim victory after the ACCC blocks Woolies' strategy of 'creeping' retail acquisitions.
WorleyParsons makes Canadian acquisition
Engineering and mining services company WorleyParsons has made an acquisition in Canada, purchasing Westmar Consultants for $A48.68 million.
AXA APA on lookout for acquisitions
AXA Asia Pacific Holdings Ltd says the company has $1 billion in surplus capital to facilitate any future acquisitions.
AXA to longer pursuing MAA acquisition
AXA Asia Pacific Holdings says it is no longer pursuing an acquisition of Malaysian Assurance Alliance Berhad (MAA) in Malaysia.
BHP eyes acquisitions
BHP Billiton is increasingly considering acquisitions in petroleum to add to growth opportunities within its business.
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.
CSL to acquire Talecris for $3.4b
Blood products and vaccine firm CSL will acquire Talecris Biotherapeutics Holdings for $3.48 billion to boost its presence in the plasma therapeutics market.
VDM narrows search for four acquisitions
Engineering firm VDM Group has narrowed its acquisition search to four potential business.
Westpac's RAMS woes
Westpac snapped up a stricken RAMS on the cheap six months ago but the acquisition appears to be backfiring.
06/02/08
Similar news about Acquisition
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.
Wesfarmers H1 profit up to new record
Wesfarmers' $20 billion acquisition of Coles Group has helped fill its coffers with a record interim profit.
IAG rules out material acquisitions
Insurance Australia Group Ltd (IAG) said it did not expect to make any material acquisitions for another three years.
CSL shares slide after Talecris stock...
CSL raised $US1.55b selling stock to help fund the purchase of Talecris Biotherapeutics, its biggest acquisition.
08/14/08
Similar news about Acquisition
Miner Oxiana Spends $5.8B for Zinifex
Australian miner Oxiana Ltd. will buy rival Zinifex Ltd. in a share swap worth $5.8 billion, the two companies said Monday, creating the world's second-largest producer of zinc.
Volatile credit markets may dent Macquarie Group
Macquarie Group admitted yesterday that volatile credit markets might break its 16-year run of rising profits next year, even as it said that the squeeze may be easing.
Wesfarmers shares up with rising success
Wesfarmers shares rose 1.8 per cent Monday after the company finalised part of a $2.5 billion equity raising and opened it to retail shareholders.
Stalking the dragon
The story of the acquisition of St George begins on a fateful day last August when some startling news sparked the global credit crisis, writes Danny John.
CSL to announce acquisition
Plasma products maker CSL says it will announce a proposed acquisition later in the day.
08/13/08
Similar news about Acquisition
Woolworths still eyeing The Warehouse
Cashed-up retailer Woolworths is still likely to make a tilt at the New Zealand general merchandise retailer The Warehouse, an investment house says.
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...
Orica set for demerger
THE chemicals maker Orica last night revealed plans to raise $900 million and demerge its paint division as it focuses on expanding its booming mining services business.
07/21/08
Similar news about Acquisition