| 10th Sep |
Green light for QR float as miners pull out
SYDNEY MORNING HERALD | THE Queensland government has fired the starter's gun on a $3 billion-plus float of rail operator QR National, after 10 mining companies ditched a competing offer for the state's rail coal haulage network at the 11th hour. |
| 10th Sep |
QR on track for fourth-quarter float after miners take offer off table
THE AGE | THE Queensland government has fired the starter's gun on a $3 billion-plus float of rail operator QR National, after 10 mining companies ditched a competing offer for the state's coal rail network at the 11th-hour. |
| 10th Sep |
Jilted suitor still attracted and ready to talk - on the right terms
SYDNEY MORNING HERALD | AMP has emerged in the box seat to push ahead with a renewed acquisition for its wealth rival AXA Asia Pacific in a move that would create the fifth pillar in the nation's financial services landscape. |
| 10th Sep |
A limit is being set for big bank takeovers
SYDNEY MORNING HERALD | The question that the banks probably don't want the NAB boss, Cameron Clyne, to try to answer now is whether his $13 billion AXA Asia-Pacific takeover was derailed by the Herfindahl-Hirschman Index, or some higher and for them more ominous principle that signals the end of the era of big bank takeovers. |
| 10th Sep |
AMP waits in the wings
THE AGE | AMP has emerged in the box seat to push ahead with a renewed bid for its rival, AXA Asia Pacific, in a move that would create the fifth pillar in nation's financial services landscape. |
| 10th Sep |
NAB ponders next move after AXA deal blocked
SYDNEY MORNING HERALD | NATIONAL AUSTRALIA BANK was considering last night whether to abandon its $13.3 billion bid for AXA Asia-Pacific after its plans to dominate the nation's superannuation and retirement savings industry were rejected by the competition regulator for a second time. |
| 10th Sep |
Sometimes big can just be too big
THE AGE | THE question that the banks probably don't want NAB boss Cameron Clyne to try to answer now is whether NAB's $13 billion AXA Asia Pacific takeover was derailed by the Herfindahl-Hirschman Index, or some higher, and for them, more ominous principle that signals the end of the era of big bank takeovers. |
| 10th Sep |
Low-ball offer for Aevum does no one any favours
SYDNEY MORNING HERALD | The bungled leak of a highly unattractive proposed counter-offer yesterday risked denting the credibility of Aevum's defence of the hostile takeover offer from Stockland. |
Dow Jones
FTSE
Hang Seng
