buyout
OZ Minerals (ASX:OZL) denies allegations made by a Cambodian newspaper that hundreds of thousands of dollars changed hands between the company and relatives of Cambodian government officials. The newspaper claimed that the payout happened after OZ bought a gold mine in Cambodia in 2009.
Chief executive Chris Corrigan's Qube Logistics (ASX:QUB) is paying out $106 million to Dubai's DP World for a claim in P&O Trans Australia (POTA). A statement on Nasdaq Dubai's website said the contract involves the acquisition of DP World's shares and loans, with the deal's expected completion date at the end of April.
Peter Hurley of Valad Property Group (ASX:VPG) ceased his employment and directorship of all group companies effective today. The company stated that they have reached mutually agreed terms with Hurley, who is expected to receive a total payment of $1.9 million, including $940,000 as termination payment.
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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)
