Finance News Network

Latest News

DEXUS acquires $153.5M industrial property

29 Dec 2014 - DEXUS Property Group (ASX:DXS) acquires a large scale business park and industrial estate south of Sydney’s CBD.

Infratil & NZ Super Fund to buy RetireAustralia

29 Dec 2014 - Infratil Limited (ASX:IFZ, NZE:IFT) and the New Zealand Superannuation Fund ink a deal to buy RetireAustralia in a deal worth $640.2 million.

Skilled Group mulling Programmed merger proposal

29 Dec 2014 - Skilled Group Limited (ASX:SKE) is mulling a merger proposal from Programmed Maintenance Services Limited (ASX:PRG).

Woolies Masters hardware chain extending reach

29 Dec 2014 - Woolworths Limited (ASX:WOW) hardware chain Masters launches two more stores across Australia on Boxing Day.

Seven Group gets green light to buy Nexus

29 Dec 2014 - Seven Group Holdings Limited (ASX:SVW) is granted court approval for its acquisition of Nexus Energy Limited (ASX:NXS).

Altas Iron takes on 100% of Mt Webber

24 Dec 2014 - Atlas Iron Limited (ASX:AGO) to take full ownership of the Mt Webber Mine from its joint venture partner Altura Mining Limited (ASX:AJM).

Virtus subsidiary acquires Irish clinic

24 Dec 2014 - Virtus Health Limited (ASX:VRT) subsidiary, Sims Clinic, set to acquire an Irish fertility centre, the HARI centre, for €6M.

ENE extends contract to 2036

24 Dec 2014 - Energy Developments Limited (ASX:ENE) extends its German Creek power project to 2036 under a new 15 year extension with Anglo American.

Mobile Embrace acquires Eggmobi

24 Dec 2014 - Mobile Embrace Limited (ASX:MBE) will acquire the mobile advertising business Eggmobi in a deal worth about $1.4M.

Tatts, appeal goes to High Court

24 Dec 2014 - Tatts Group Limited (ASX:TTS) advises that the State of Victoria will appeal a decision by the Victorian State of Appeal for the state to pay the company $540M.

Mortgage Choice appoints new CEO

24 Dec 2014 - Mortgage Choice Limited (ASX:MOC) appoints John Flavell as CEO coming into effect in April next year.

Charter Hall Retail sells NSW shopping centre

23 Nov 2014 - Charter Hall Retail REIT (ASX:CQR) has entered into an agreement to sell Windsor Marketplace in New South Wales for $19.6 million.

Telstra makes equity investment in Elemental

23 Dec 2014 - Telstra Corporation Limited (ASX:TLS) makes an equity investment in Elemental.

Atlas Iron eyes savings through royalty relief

23 Dec 2014 - Iron ore miner Atlas Iron Limited (ASX:AGO) welcomes the Western Australian State Government's royalty relief.

Telstra Corp buys Asian telco Pacnet for $US697M

23 Dec 2014 - Telstra Corporation Limited (ASX:TLS) buys Asian telecommunications and services provider Pacnet Limited for $US697 million.

Echo unveils Queen’s Wharf Brisbane masterplan

23 Dec 2014 - Echo Entertainment Group Limited (ASX:EGP) unveils a snapshot of its proposed plans for an integrated resort at Queen’s Wharf Brisbane.

Coles hit with $11.2M fine for squeezing suppliers

23 Dec 2014 - Wesfarmers Limited (ASX:WES) supermarket division Coles will be forced to pay $10 million in penalties and $1.2 million in legal costs.

Suncor awards WorleyParsons project extension

22 Dec 2014 - WorleyParsons Limited (ASX:WOR) is awarded a contract extension from Canadian integrated energy company Suncor.

Shopping Centres buys $48M Sydney centre

22 Dec 2014 - Shopping Centres Australasia Property Group Limited (ASX:SCP) buys a shopping centre in Sydney for $48 million.

Fairfax Media to gain $96M from radio deals

22 Dec 2014 - Fairfax Media Limited (ASX:FXJ) is poised to gain about $96 million after striking two deals involving its radio assets.

Austal wins Littoral Combat Ship contract

22 Dec 2014 - Austal Limited (ASX:ASB) wins a $14.4 million contract modification for class services in support of the Littoral Combat Ship program.

Telstra strikes new $390M NBN contract

22 Dec 2014 - Telstra Corporation Limited (ASX:TLS) strikes a planning & design contract with the National Broadband Network (NBN) valued at about $390 million.