Tag: Takeovers
Come clean on merger, union tells Qantas
TWU urges Qantas to guarantee jobs amid merger talks with British Airways.[MORE]
Qantas-BA merger will face Govt review: Swan
Wayne Swan says any merger between Qantas and British Airways would need to be examined by the Government.[MORE]
Waratah Coal recommends Mineralogy takeover offer
Waratah Coal has recommended that shareholders accept a revised takeover offer for the company.[MORE]
Medibank Private gets green light for AHM takeover
A takeover of health insurer Australian Health Management (AHM) by Medibank Private has been approved in a postal ballot.[MORE]
Fortescue tight-lipped over BHP takeover rumours
Fortescue Metals Group has refused to comment on suggestions it is in takeover talks with BHP Billiton.[MORE]
Shareholders back Heinz takeover of Golden Circle
Golden Circle shareholders have voted in favour of a takeover by the US food company Heinz. [MORE]
Fed approves Merrill Lynch buyout
The US Federal Reserve has formally approved the Bank of America's purchase of investment bank Merrill Lynch, which was hard hit by the global financial crisis. [MORE]
BHP upbeat despite scrapping Rio bid
BHP Billiton remains confident commodity prices will recover, despite abandoning its $100 billion bid for Rio Tinto.[MORE]
BHP open to other deals after dumping Rio bid
BHP Billiton says it is keeping its eye out for other possible acquisitions after abandoning its $100 billion bid for Rio Tinto.[MORE]
Rio to focus on own business after BHP drops takeover
Rio Tinto says it will push on with creating "significant value" for its shareholders after BHP Billiton abandoned a hostile takeover of its rival.[MORE]
BHP pulls out of Rio Tinto bid
The global financial crisis has been blamed for the collapse of BHP Billiton's takeover bid for Rio Tinto.[MORE]
Bid for CCA won't be hostile: Lion Nathan boss
Lion Nathan CEO Rob Murray says there is no chance of his company's bid to take over Coca-Cola Amatil becoming hostile.[MORE]
Coca-Cola shareholders urged to accept takeover
The chief executive of brewer Lion Nathan has called on Coca-Cola Amatil shareholders to accept its $8 billion takeover offer. [MORE]
Lion Nathan's Coke bid given support
A wine writer has backed Lion Nathan's bid for Coca Cola.[MORE]
Brewer proposes $7.5b Coca-Cola merger
Coca-Cola Amatil has confirmed it has received a merger proposal from brewer, Lion Nathan. [MORE]
Qld dairy farmers back takeover support
The vote by Dairy Farmers' shareholders to approve a takeover by National Foods has been welcomed in regional Queensland.[MORE]
IAG defends rejection of QBE takeover proposal
The head of Insurance Australia Group has defended the company's decision to reject a takeover proposal from rival QBE earlier this year. [MORE]
Portman takeover nears completion
American company Cleveland Natural Resources has ended its takeover bid for Australian iron ore miner Portman Limited.[MORE]
Choice calls for alternative BankWest buyer
The consumer watchdog Choice is campaigning against the Commonwealth Bank (CBA) takeover of BankWest.[MORE]
British Gas moves for Qld Gas
British Gas company BG Group has announced it will buy the Queensland Gas Company. [MORE]
NIB to face takeover questions at AGM
A day after rejecting a takeover bid, the directors of Newcastle health insurer, NIB, will be forced to fend off questions from shareholders at its annual general meeting.[MORE]
Australian icon: Driza-Bone comes home
One of the best-known Australian brand-names, Driza-Bone, is back under full local ownership.[MORE]
Xenophon demands inquiry into bank merger
Independent Senator Nick Xenophon says he wants an urgent review of Westpac's proposed takeover of St George bank.[MORE]
John Valves administrator hopes for quick sale
The administrator of Ballarat company John Valves says he wants to find a buyer for the business within a week.[MORE]
BHP-Rio takeover gets S Africa green light
South Africa's competition authorities have recommended approval of BHP Billiton's takeover of mining rival Rio Tinto.[MORE]
