Cash Flow Crimp For Owens-Illinois
September 17, 2008
The glass container maker lowers its free cash flow outlook on weak demand and a stronger dollar.
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.
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.
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
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
Westpac's ray of light
Westpac has so far managed to avoid big problem credit exposures, and should it successfully swallow St George, will become Australia's biggest bank.
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.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Wesfarmers denies buying a bad apple
THE managing director of Wesfarmers has denied that earnings at its supermarkets and bottle shops have gone backwards.
Australia's St. George agrees to Westpac takeover
St. George Bank Ltd., Australia's fifth-largest bank, agreed to a revised 17.3 billion Australian dollar ($14.4 billion) takeover proposal by larger rival Westpac Banking Corp. on Monday, in what would be the biggest banking acquisition in Australian history.
Australia's Commonwealth Bank eyeing BankWest: report (Reuters)
Reuters - Commonwealth Bank of Australia (CBA) , the country's No. 2 bank by assets, may offer over A$6 billion ($5.2 billion) to British bank HBOS for its Australian unit BankWest, the Australian newspaper reported on Monday.
Newcrest to expand as profit surges
NEWCREST MINING has outlined plans to increase its annual production by nearly 1 million ounces within five years after adding another 15 million ounces to its reserve inventory.
Babcock & Brown shares dive on fee...
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
BlueScope eyes expansion in depressed...
BLUESCOPE Steel is seeking to expand its presence in the North American market as it enjoys the benefits of higher margins from its export operations.
08/18/08
Similar news about Acquisition
BlueScope reports fall in annual profit
BlueScope Ltd has reported a fall in annual profit after booking one-off charges, but its underlying result lifted as strong demand for steel raised prices.
08/18/08
Similar news about Acquisition
Australia's Orica buys out partner in...
Orica Ltd., the world's largest explosives maker, has acquired its partner's interest in the Samex joint venture in Peru for US$58.2 million, the company said in a statement...
08/14/08
Similar news about Acquisition
Weak Dollar Motivates CSL
The Australian plasma maker buys U.S. biotech Talecris for $3.1 billion.
08/13/08
Similar news about Acquisition
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.
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 Opts For Plasma Booster Shot In U.S.
The Australian vaccines and biotherapies company agrees to pay $3.1 billion for North Carolina-based Talecris Biotherapeutics Holdings, adding products and capacity to its...
08/13/08
Similar news about Acquisition
CSL shares enter trading halt, profit up
Shares in pharmaceutical maker CSL, maker of the cervical cancer vaccine Gardasil, have been placed in a trading halt, pending an announcement by the company.
08/13/08
Similar news about Acquisition
CSL to buy Talecris for $3.48b
CSL will buy Talecris Biotherapeutics Holdings, a plasma therapeutics business, for $3.48 billion.
08/13/08
Similar news about Acquisition
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
Good luck hard to find as Tabcorp...
Elmer Funke Kupper took up the reins of one of the most challenged large companies on the Australian bourse last year, Tabcorp. He has since been cornered by government...
Lend Lease revises expectations
LEND LEASE has joined the growing list of property groups to issue a 10 to 15 per cent profit downgrade for 2008-09 and to flag asset sales - this time due to the collapsing...
08/04/08
Similar news about GPT Group