User login

Google Friend Connect

loading...
Syndicate content
proposals

Centrebet defends takeover talk

AAP Online wagering and gaming firm Centrebet International Ltd says it first become aware of potential takeover proposals in February but did not tell the market until this week for reasons of confidentiality. Centrebet informed the Australian Securities Exchange (ASX) on Tuesday that
Article image

US group fades as Westfield target

BANKRUPT US retail landlord General Growth Properties has moved a step closer to extinguishing its debt burden after a proposed injection of $US3.93 billion ($A4.3 billion) from property investment funds. This has made it a much less attractive takeover target for Westfield. According
Article image

Centrebet considers takeover proposals

Centrebet International Ltd says it is in talks with parties interested in taking over the online gaming firm. Centrebet, which has a market capitalisation of about $143 million, said on Tuesday it had received indicative, non-binding and conditional proposals from a number of
Article image

Centrebet shares jump on takeover offers

Centrebet said this morning that it had received indicative, non-bonding and conditional proposals from a number of companies. Its shares jumped on the news and were recently trading 8 per cent higher at $1.76. Centrebet, which has previously disclosed that it was considering

Centrebet considers takeover proposals

AAP Centrebet International Ltd says it is "facilitating discussions" with organisations which have expressed interest in taking over the punting company. Centrebet said on Tuesday that it had received indicative, non-bonding and conditional proposals from a number of
Article image

Centrebet considers takeover proposals

Centrebet said that it had received indicative, non-bonding and conditional proposals from a number of companies. Centrebet, which has previously disclosed that it was considering consolidation opportunities, either as an acquirer or as a target, described the proposals as
Article image

Centrebet considers takeover proposals

Centrebet said on Tuesday that it had received indicative, non-bonding and conditional proposals from a number of companies. Centrebet, which has previously disclosed that it was considering consolidation opportunities, either as an acquirer or as a target, described the proposals as

U.S. Treasury’s Krueger Says Job Market Still Faces ‘Stresses’ - Bloomberg.com

March 5 (Bloomberg) -- The U.S. economy remains under strain even though the labor market is showing signs of improvement, said Alan Krueger , assistant Treasury secretary for economic policy. “The labor market is still facing stresses, though these stresses are easing,” Kru
eger
Article image

Proposals to shore up Qld workers compensation scheme

A Queensland union has described proposed changes to the state's workers compensation scheme as a bigger issue than the privatisation fight. One of the proposals is to limit the compensation claims that can go to court. Australian Services Union ( ASX : ASU.ax ) secretary
Article image

Network opposed to super overhaul

THE government should take steps to stop banks and insurance companies profiting from disengaged superannuation members rather than restructuring the industry, says a body representing industry-linked funds. The Industry Super Network, which represents 36 non-profit superannuation funds,
Article image

Blackstone Said to Consider Joining Simon in General Growth Bid - Bloomberg.com

Blackstone is in preliminary talks with Simon, the biggest U.S. mall owner, said the people, who declined to be identified because the negotiations are private. Simon , which made a $10 billion takeover offer for General Growth public Feb. 16, would lead any resulting partnership, one of the
Article image

ACCC seeks more info on AXA bids - Yahoo!7 Finance News

Wednesday February 10, 2010, 3:47 pm The competition watchdog hopes to make decisions next month on two separate takeover offers for AXA Asia Pacific Holdings Ltd but wants more information on competition issues first. The Australian Competition and Consumer Commission on

ACCC seeks more details on AXA bids

Australia's competition watchdog said it is seeking more information on certain competition issues from the bidders for fund manager AXA Asia Pacific Holdings and hoped to make a decision on the bids by Match 17. "The Statement of Issues seeks further information on certain competition
Article image

ACCC seeks more info on AXA bids

AAP The competition watchdog hopes to make decisions next month on two separate takeover offers for AXA Asia Pacific Holdings Ltd but wants more information on competition issues first. The Australian Competition and Consumer Commission on Wednesday issued a statement of issues on the
Article image

Regional areas see a spike in building

Map: Karratha 6714 The Kimberley experienced the largest spike with building approvals more than doubling compared to the same period in 2008. The Lower Great Southern, Central, South West and Upper Great Southern regions all experienced higher growth in building approvals than
Article image

Share Shark Crackdown

Share Express offered $2.16 for Telstra shares when the market price was $3.37 at the close yesterday. Other outfits, mainly in Melbourne and the Gold Coast ( David Tweed is a well known promoter), have made similar lowball offers, with seeming impunity, in the past few

Poland’s Budget Plan May Lead to Euro in 2014, Nomura Says

By Agnes Lovasz “The proposals should bring Poland back into fiscal sustainability over the medium term if they can be fully implemented,” Nomura economist Peter Attard Montalto, wrote in an e-mailed note late yesterday. “Hopefully, the specifics of keeping spending with
in the
Article image

Obama Will Preview Package of Middle Class Tax Cuts (Update1) - Bloomberg.com

The proposals preview one of the main themes the president plans to sound in his State of the Union Address on Jan. 27, said the official, who spoke on condition of anonymity. The plan was earlier reported by the New York Times. The president will propose a requirement that all companies,
Article image

CHAMP"s Study Group mulls IPO before July

Study Group International, a university programme provider owned by Australian private equity firm CHAMP, is considering an initial public offering before July and is close to appointing an adviser, an industry source with direct knowledge of the situation said. Domestic media have put the
Article image

Britain sceptical on US banking reform

Britain's finance minister expressed scepticism at proposed US banking reforms, saying they would not have prevented the financial crisis and warning they risk undermining the global consensus . The plans aim to limit "excessive" risk taking and to "protect" taxpayers by preventing banks
Article image