Babcock & Brown in trading halt
The securities of Babcock & Brown have been placed in a trading halt at the request of the company, pending an announcement, the Australian stock exchange said.
Babcock Arm Feels Pinch
Babcock & Brown Power wrote down $355 million on its Alinta energy business and posted a loss on the sale of its Tamar power station.
Babcock quiet on sell-off
Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.
KKR interest in Babcock & Brown
Babcock & Brown Ltd (B&B) is in the sights of US private equity firm Kohlberg Kravis Roberts, according to a British newspaper report.
Margin Lenders Cap Funding to Babcock
Three margin lenders stopped funding purchases of Babcock & Brown shares after a sharp drop in the firm's market value.
Babcock denies default
Shares in Babcock & Brown rally after the troubled group says it is not in default or breach of its banking covenants.
Babcock struggles with banks
Troubled investment firm Babcock & Brown has begun meeting with its bankers, as it goes ahead with asset sales.
Angel Trains' owners may pay price...
Royal Bank of Scotland (RBS) completed the first piece of its cash-raising
programme yesterday by selling Angel Trains, the train leasing business, to
Babcock & Brown European...
Babcock opens self-help books ahead of takeover
BABCOCK & Brown Communities will look at all possibilities to push its ailing share price closer to its underlying asset value as part of a strategic review.
Extra cost to break B&B grip
LEND LEASE'S ambition to expand into the retirement home sector through a possible takeover of one of Babcock & Brown's listed funds will have to include a payment of at least $50 million to break a management agreement with the mothership.
Babcock disaster looms
Phil Green and his crew are working frantically in the engine room to avert disaster. They have two levers left to pull.
Babcock & Brown inferno turns up the...
In his more wistful moments, Phil Green may be given to reflection on the fickle nature of stockmarkets.
Funds 'not affected' by Babcock review
Two satellite funds managed by besieged investment house Babcock & Brown said the review affecting their parent did not affect them or their debt position.
Babcock extends share plunge
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling as much as 24% in early trading.
Babcock & Brown share crash opens way...
SHARES in Babcock & Brown crashed 28 per cent yesterday, plunging through a $2.5 billion market capitalisation threshhold that allows its bankers to call for a review of...
Babcock & Brown raises more cash for...
Investment and specialised fund and asset management group Babcock & Brown today announced it raised an additional $US335 million ($364 million) of capital for infrastructure...
Fidelity dumps stake as B&B awaits debt verdict
BABCOCK & BROWN has lost two substantial shareholders in the past fortnight, despite the company receiving a welcome reprieve yesterday with a share price bounce of 13 per cent.
Babcock to stick with external oversight
THE Babcock & Brown chief executive, Phil Green, gave every impression yesterday that he had listened to investors' fundamental concerns as he launched a review of listed...
Babcock satellite's voyage in the rough
Babcock & Brown's leveraged infrastructure model is bound to come under further pressure this week following Friday's dramatic events in satellite group Babcock & Brown Power.
Babcock pledges cash for B&B Power
Babcock & Brown is prepared to help Babcock & Brown Power with funding if the banks don't.
B&B offers to bankroll B&B Power
Babcock & Brown says it will bail out Babcock & Brown Power with as much as $360m if the listed fund's lenders do not, but investors are sceptical.
Debt shadows Babcock & Brown
BABCOCK & Brown Infrastructure has fuelled market fears that it is struggling to manage its heavy debt load after saying it will sell some of an asset it bought less than...
Babcock & Brown considers assets sales
Babcock & Brown Infrastructure is considering selling non-core assets and reducing its $2.4 billion investment in the owner of a natural gas pipeline in the US.
B&B chief nets $22m in tough year
THERE was no credit crisis when determining the pay packet of Babcock & Brown's chief executive, Phil Green, for 2007, with the beleaguered boss landing $22.1 million in...
Babcock & Brown forecasts 15% growth
Babcock & Brown has forecast annual profit growth of at least 15 per cent in 2008 after it posted a large rise in 2007 annual profit.