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Equity

ACCC kink in Link"s share registry plans

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A PRE-EMPTIVE strike by competition chief Graeme Samuel has put a potential kink in the $2-billion-plus float plans for share registry group Link Market Services, and the profit ambitions of stockbroker Austock. The Australian Competition and Consumer Commission has given a clear
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Watchdog set to oppose share registry buy-out

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A PRE-EMPTIVE strike by the competition watchdog has put a potential kink in the $2 billion float plans for the share registry group Link Market Services and the profit ambitions of its stockbroker, Austock. The Australian Competition and Consumer Commission indicated it planned to
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‘Blind Pools’ Falter as Ziman, Callahan Plan Property Comeback

Feb. 9 (Bloomberg) -- Richard Ziman and Timothy Callahan want to raise money in the equity market after selling their real estate companies for a combined $12 billion before the property crash. Investors may balk at bankrolling their return. Ziman, former chairman of Arden Realty Inc.,

"PIGS" crisis an opportunity for euro zone

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“You never want a serious crisis to go to waste,” Rahm Emanuel, US President Barack Obama’s chief of staff, said during the 2008 credit crunch. “It’s an opportunity to do things that you could not do before.” Somebody should phone the White House, and ask if Emanuel could be
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"PIGS" crisis an opportunity for euro zone

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Somebody should phone the White House, and ask if Emanuel could be flown to Frankfurt for a few weeks. The euro area and the European Central Bank are now dealing with what markets are calling the ���PIGS��� crisis: Portugal, Ireland, Greece and Spain. Sometimes Italy is added to
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Pie Face wants slice of sharemarket

Trevor Rowe ... looking at an initial public offer for Pie Face later this year. Illustration: John Shakespeare Rowe is a key shareholder in the Surry Hills-based franchisor Pie Face, which has started putting the feelers out for a potential initial public offer later this year. It is

Udvar-Hazy, Freed From AIG, Has Shopping Options (Update1) - Bloomberg.com

Feb. 5 (Bloomberg) -- Steven Udvar-Hazy , who stepped down as chief executive officer of American International Group Inc .’s plane-leasing unit, has shopping options as lessors around the world seek to sell planes to reduce debt. Private-equity groups had backed Udvar-Hazy in an

Udvar-Hazy, Freed From AIG, Has Shopping Options for New Jets - Bloomberg.com

Feb. 5 (Bloomberg) -- Steven Udvar-Hazy , who stepped down as chief executive officer of American International Group Inc .’s plane-leasing unit, has shopping options as lessors around the world seek to sell planes to reduce debt. Private-equity groups had backed Udvar-Hazy in an

Air Products May Take $5.1 Billion Airgas Bid Hostile (Update1) - Bloomberg.com

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The $60-a-share bid, 38 percent higher than Airgas’s closing price yesterday, follows two approaches that Airgas’s management rejected, Allentown, Pennsylvania-based Air Products said today in a statement. The offer is worth about $7 billion after including $1.9 billion in assumed debt, Air
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Corrigan eyes Patrick dream at Kaplan

THE former stevedoring heavyweight Chris Corrigan is talking up building a ''junior Patrick'' out of Kaplan Funds Management's key listed vehicle. Four years after Patrick Corp was bought by Toll Holdings, the Corrigan-backed Kaplan will also step up its efforts over the next year to turn