Australia
Finance
Activity continues in the steel industry, as three heavyweights square off over control of the world's largest provider of pulverized coal. The Pohang Iron and Steel Company (POSCO),...
2008-07-02Finance
Australia's Lion International Investments (LII), wholly-owned subsidiary of Lion Energy (LIO), has acquired 20,775,000 shares in Papua Petroleum Ltd (PPU) from Gas Link Global (GLG),...
2008-06-13Finance
Leading integrated Australian energy firm Origin Energy on Friday rejected a revised bid of AUD13.6bn (US$13bn) from the UK's BG Group, citing receipt of a coal-seam gas (CSG) reserve...
2008-06-04Finance
Chinese steelmaker Sinosteel has said that they will not increase their AUD1.36bn (US$1.31bn) bid for Australian mining company Midwest, despite a rival takeover approach by Australia's...
2008-05-30Finance
An unusual opportunity to purchase a Hong Kong bank has presented itself in the sale of the controlling stake in Wing Lung Bank. Chairman Michael Wu and his family are holding negotiations...
2008-05-28Finance
Westpac banking Corp Ltd , currently engaged in the largest ever banking takeover in Australia's history with its US$17.6bn bid for St George Bank , has not ruled out the possibility...
2008-05-21Finance
The battle for the Australian insurance market continues as QBE extends its bid for rival Insurance Australia. The bid faces opposition from the latter's board and QBE could thus...
2008-05-07Finance
BG Group, a UK oil and gas exploration group, has bid AUD14.70 (US$13.84) per share for Australia's Origin Energy. The April 29 bid values Origin, Australia's second-largest electricity...
2008-05-02
