Former Coles CFO joins Healthscope
May 30, 2008
Former Coles Group CFO Gary Kent has been appointed CFO of Healthscope, as its current financial boss, Josef Czyzewski, steps into a new role.
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.
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.
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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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.
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.
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.
Wesfarmers H1 profit up to new record
Wesfarmers' $20 billion acquisition of Coles Group has helped fill its coffers with a record interim profit.
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 shares rebound after...
Wesfarmers shares rebound as retailer says its outlook remains positive.
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.
IAG rules out material acquisitions
Insurance Australia Group Ltd (IAG) said it did not expect to make any material acquisitions for another three years.
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.
Wesfarmers ends share offer
Wesfarmers has successfully completed the institutional leg of its $2.5 billion equity raising to help pay for the acquisition of the Coles supermarket chain.
Macquarie acquisition 'may be imminent'
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.
WorleyParsons makes Canadian acquisition
Engineering and mining services company WorleyParsons has made an acquisition in Canada, purchasing Westmar Consultants for $A48.68 million.
Wesfarmers plans to raise $2.5 billion
Wesfarmers says it will sell new shares as it aims to raise $2.5 billion.
CSL to announce acquisition
Plasma products maker CSL says it will announce a proposed acquisition later in the day.
08/13/08
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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.
08/13/08
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CBA considers insurance buys: Citigroup
The Commonwealth Bank will seriously consider making a big acquisition in the general insurance space if one arose, a broker says.
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
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