Finance News Network

News by Jessica Ellerm

Jessica Ellerm

Finance News Network

Fantastic Holdings takeover receives FIRB blessing

28 Nov 2016 - Fantastic Holdings Limited (ASX:FAN) announces the Foreign Investment Review Board has approved the proposed acquisition of the company by South Africa’s Steinhoff As…

Metcash profits down 38%

28 Nov 2016 - Metcash Limited (ASX:MTS) says its net profit for 1H17 has fallen just over 38 percent on the prior corresponding period, coming in at $74.9 million.

Fairfax responds to NZCC’s merger concerns

28 Nov 2016 - Fairfax Media Limited (ASX:FXJ) announces its New Zealand arm has formally responded to issues raised by the New Zealand Commerce Commission regarding its merger with…

MainstreamBPO acquires UK fund administrator

28 Nov 2016 - MainstreamBPO Limited (ASX:MAI) announces it has acquired Isle of Man based fund administrator Galileo Fund Services Limited.

Flat Futures: Flat open ahead for ASX

28 Nov 2016 - Flat Futures: Flat open ahead for ASX. UGL Limited (ASX:UGL) has announced that along with its joint venture partner CPB Contractors it has signed a $127 million cont…

Bailador announces $17.45M capital raising

25 Nov 2016 - Bailador Technology Investments Limited (ASX:BTI) announces it has completed a $17.45 million equity raising to replenish its investable funds.

ANZ settles with ACCC over rate rigging case

25 Nov 2016 - ANZ Banking Group (ASX:ANZ) has reached an agreed settlement with the ACCC in relation to conduct associated with Non-Deliverable Forward FX contracts for the Malaysi…

Xenith IP to acquire Griffith Hack

25 Nov 2016 - Xenith IP Group Limited (ASX:XIP) announces it will acquire Griffith Hack, an Australian specialist IP firm, for $152 million.

Ardent Leisure safety inspections complete

25 Nov 2016 - Ardent Leisure Group (ASX:AAD) announces Workplace Health and Safety Queensland have completed their inspections of rides at both Dreamworld and WhiteWater World.

Tabcorp buys 10% stake in Tatts Group

25 Nov 2016 - Tabcorp Holdings Limited (ASX:TAH) announces it has acquired a roughly 10 percent stake in Tatts, entering into a cash-settled equity swap with an investment bank.

BHP Billiton approves Samarco funding

25 Nov 2016 - BHP Billiton Limited (ASX:BHP) announces it has approved further financial support for Samarco in relation to last year’s fatal mine disaster in Brazil.

Positive Friday futures: ASX set to open higher

25 Nov 2016 - Positive Friday futures: ASX set to open higher. CIMIC Group Limited (ASX:CIM) announces its holding in UGL is now greater than 50 percent.

Medibank appoints new CFO

21 Nov 2016 - Medibank Private Limited (ASX:MPL) announces it has appointed Mark Rogers as its new Chief Financial Officer.

Metro Performance Glass 1H17 group revenue up

21 Nov 2016 - Metro Performance Glass (ASX:MPP) releases its half year results, showing a 23 percent increase in group revenues for the six months to 30 September 2016.

OTOC to acquire Lester Franks

21 Nov 2016 - OTOC Limited (ASX:OTC) announces it will acquire Lester Franks, a specialist geospatial, surveying and engineering business.

IAG launches Capital Notes offer

21 Nov 2016 - Insurance Australia Group Limited (ASX:IAG) launches an offer of Capital Notes, looking to raise approximately $300 million.

Boral to acquire US building group Headwaters

21 Nov 2016 - Boral Limited (ASX:BLD) announces it has entered into a binding agreement to acquire Headwaters Incorporate, a New York Stock Exchange listed entity.

Admedus CardioCel® receives UAE approval

21 Nov 2016 - Admedus Limited (ASX:AHZ) announces it has received market approval for CardioCel® in the United Arab Emirates.

Futures up, dollar down: ASX to lift on open

21 Nov 2016 - Futures up, dollar down: ASX to lift on open. 99 Wuxian Limited (ASX:NNW) announces it has become a mobile commerce service provider for Guangdong Rural Credit Union.

Migme expands reach with new partnerships

18 Nov 2016 - Migme Limited (ASX:MIG) announces it has signed publishing and distribution agreements with mobile media entertainment company Clipeo and social casino company Playsi…

Cochlear receives decision in US patent lawsuit

18 Nov 2016 - Cochlear Limited (ASX:COH) announces the US Court of Appeals has entered a decision in the appeal of the judgment in a patent infringement lawsuit.

St Barbara to reduce debt in notes buy back

18 Nov 2016 - St Barbara Limited (ASX:SBM) announces it will repurchase US$33 million in senior secured notes as it looks to become net-cash positive.

Sydney Airport reports October traffic growth

18 Nov 2016 - Sydney Airport Limited (ASX:SYD) reports passenger numbers grew by 3.7 percent for October compared to the same time last year.

Silver Chef fraud incident to impact earnings

18 Nov 2016 - Silver Chef Limited (ASX:SIV) announces it has been the victim of a fraud attack involving customers working in conjunction with fraudulent GoGetta equipment vendors.

QBE Insurance announces final result of exchange offer

18 Nov 2016 - QBE Insurance Limited (ASX:QBE) announces the expiration and final results of its Exchange offer for its Existing Notes to new U.S. dollar denominated fixed rate subo…

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