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Australia's Myer open to talks after top shareholder demands board revamp

Australia's Myer open to talks after top shareholder demands board revamp
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Australian coal miner Stanmore says Singapore's GEAR will raise loan facility

Australian coal miner Stanmore says Singapore's GEAR will raise loan facility
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Australia's Westpac scraps potential demerger of NZ business

Australia's Westpac scraps potential demerger of NZ business
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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UPDATE 1-Australia's Westpac to retain New Zealand business


3 Min Read
SYDNEY (Reuters) - Australia’s second-largest lender Westpac Banking Corp said on Thursday it would retain its New Zealand business, wrapping up the option of a spin-off, after a review likely found that a demerger would have been too costly.
FILE PHOTO: A pedestrian looks at his phone as he walks past a logo for Australia's Westpac Banking Corp located outside a branch in central Sydney, Australia, November 5, 2018. REUTERS/David Gray/File Photo
Without providing further details, Westpac said in a statement that a review to consider a spin-off, triggered by New Zealand’s tighter capital norms, had found that a demerger would not be in the best interests of shareholders.

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Singapore's Keppel, Sembcorp Marine request trading halts


Article content
Singapore-listed conglomerate Keppel Corp and rig builder Sembcorp Marine on Thursday requested the stock exchange in separate filings that their shares be placed on trading halts pending announcements.
Keppel and Sembcorp Marine were among the world’s biggest oil rig-builders, but a prolonged drop in oil prices and an oversupply of rigs have hit their businesses hard for several years.
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Singapore's Keppel, Sembcorp Marine request trading halts Back to video
Singapore state investor Temasek Holdings, which is the biggest shareholder in both companies, had scrapped its plans last year to take majority stake in Keppel, following the company’s poor financial results.

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Australia's Westpac to retain New Zealand business

Australia's Westpac to retain New Zealand business
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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Keppel : Singapore's Keppel, Sembcorp Marine request trading halts

Keppel : Singapore's Keppel, Sembcorp Marine request trading halts
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

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Keppel Corp, Sembcorp Marine to explore combining offshore and marine businesses-sources

Keppel Corp, Sembcorp Marine to explore combining offshore and marine businesses-sources
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

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Australia's Westpac scraps potential demerger of NZ business

Australia's Westpac scraps potential demerger of NZ business
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Australian software maker Altium plays up strategy, goals amid takeover interest

Software maker Altium on Friday underscored its strategy and key objectives, days after rejecting U.S. peer Autodesk's buyout offer, with analysts expecting rival bids to materialise.

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