Acquisitions
A merger between Bluescope Steel (ASX:BSL) and Arrium (ASX:ARI) (formerly OneSteel) may be a possibility.
- Arrium has rejected the unsolicited takeover offer by the Asian consortium, led bouth South Korean, Noble Group.
Construction materials supplier Boral (ASX:BLD) says it will purchase assets and operations from Wagners Group for $173 million. Quarry, concrete, and land assets in Darling Downs, South East Queensland, and Townsville are the assets Boral will be buying.
Boral said the Wagners assets included in the deal had revenue of $115m in 2009/2010, with earnings before interest, tax, depreciation and amortisation of approximately $17m.
There may be a new round of merger and acquisition corporate activity surrounding the Real Estate Investment Trusts or REITs sector. There has been a recovery of the commercial property market in Australia that may spur the increased M&A activity.
Australian banker, Commonwealth Bank (ASX:CBA) has become a major shareholder in aircraft leasing company Air Lease Corp, having made an investment of US$125 million ($126 million). Commonwealth Bank CEO Sir Ralph Norris is a former head of Air New Zealand.
Australia's largest provider of pathology services, Sonic Healthcare (ASX:SHL) have initiated their acquisition strategy. The company purchased KBL-BML-Unilabo and Woestyn Laboratory in Belgium for $54 million. The company also bought Physicians Automated Laboratory, Inc., (PAL) of Bakersfield, California, for $30 million.
Australian investment company, Premier Investments (ASX:PMV) is on the search for retail acquisitions. The company owns fashion brands and outlets such as Just Jeans, Portmans, Jacqui E and Dotti. Just Group operates 1024 stores in Australia, New Zealand and South Africa under Just Jeans, Portmans, Jay Jays, Dotti, Jacqui E, Peter Alexander and Smiggle brands.
Broking House RBS Equities (Royal Bank of Scotland) have compiled a list of public Australian companies listed on the stock exchange which can be seen as takeover targets. Companies in the list include: WCB, FGL, MCC, GCL, ESG, PDN, MSF, GNC, PRU, IAU, WHC, RHL. The report lists almost 30 companies to the value of $45.6 billion, which have become attractive to potential acquirers, especially foreign bidders, because of global supply shortages in energy and food.
Ansell (ASX:ANN), a healthcare and industrial products producers (known for producing condoms and gloves), has established four global business units to support company growth through acquisitions. "To support this strategy, four global business units are being established," Magnus Nicolin the Ceo of Ansell has stated. The company has installed mergers and acquisitions and finance teams to be led by CFO (Chief Financial Officer) Rustom Jilla.
Macarthur Coal's (MCC) bid for Gloucester Coal
(GCL) has collapsed as Noble Group, the target's largest shareholder (at 87.7 percent), failed to persuade its investors to back the deal. Noble noted on their website: "Noble Group wishes to announce that the merger proposal between Macarthur and Gloucester was soundly defeated by shareholders in a vote held in Hong Kong at 2.30pm today."
Tatts Group Limited (TTS) has bought NSW Lotteries from the state government. The public gambling, wagering and lottery company will be given a 40 year licence to run the gaming. The deal is worth just over $1 billion. Taxpayers will benefit from the sale.
![RSS - Acquisitions Syndicate content](http://www.mysharetrading.com/misc/feed.png)
- How to Trade Forex and Gold Options
- How to Trade the Gold Price and Profit!
- Forex Trading the EUR/USD Pair € EURO and $ US Dollar
- How to Trade Stock Market Indices S&P500
- How to Trade Crude Oil
- Forex Trading Psychology
- What Are Broker Recommendations?
- Free Tickets to Trading & Investing Seminar & Expo ($18) Brisbane 2013
- Stock Calc App
- All About Warrants
- Introduction to Exchange Traded Funds
- Introduction to Exchange Traded Funds: Features
- Introduction to Exchange Traded Funds: Domestic ETFs
- Introduction to Exchange Traded Funds: International ETFs
- Exchange Traded Commodities
- Australian Stock Scan
- Australian Online Share Trading
- List of Trading Books
- Interesting Thoughts about the Australian Dollar
- What's the Meaning of Hawkish?
- Do You Know How To Use the P/E Ratio
- Trading, Religion and Politics - Do They Have Anything in Common?
- Shares that are Volatile that Double and Half in the Short Term
- Telstra (TLS) T3
- Margin Call by E-mail
- The Cost of Holding a Position
- Lack of Disclosure: Compensation from ASX Listed Company
- Unrealistic Returns and Benchmarks
- CMC Markets Down
- Quality versus Quantity Forex Trading
- Woolworths 1H Sales $30.7bn up 3.2%
Date added 31-01-2013 - ASIC Fines CommBank's CommSec
Date added 25-09-2012 - Industry Super Network Calls to Ban High Frequency Trading (HFT)
Date added 22-09-2012 - NAB Launches Online Share Trading Platform
Date added 19-09-2012 - Reserve Bank of Australia Says 23 Countries Holding AUD
Date added 18-09-2012 - Australia Post Digital Mailbox
Date added 10-09-2012 - Winners and Losers of Trading for Week 2
Date added 16-01-2012 - 2012's First Week of the Best and Worst Traded Stocks
Date added 09-01-2012 - 2011's Last Best and Worst Traded Stocks
Date added 05-01-2012 - Best and Worst Pre-Christmas Traded Stocks
Date added 30-12-2011 - Trading Winners and Losers for Dec. 12-16
Date added 19-12-2011 - Best and Worst Traded Stocks for Dec. 5-9
Date added 13-12-2011 - Top 3 Best and Worst Traded Stocks
Date added 05-12-2011 - ASX Glitch Trading Halt
Date added 27-10-2011 - Worst Trade Stocks (and the Best)
Date added 06-08-2011
Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)