Australia regulator won't block Suncorp Promina buy
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Australia's competition regulator will not oppose Suncorp-Metway Ltd.'s  planned A$7.36 billion ($5.8 billion) takeover of rival Promina Group  to create the nation's second-biggest car and home insurer.
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Australia's Qantas Airways Ltd.  has rejected a conditional A$10.9 billion ($8.6 billion) buyout offer led by Macquarie Bank Ltd.  and Texas Pacific Group .
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TREASURER Peter Costello yesterday declared Telstra would not be sold until its share price was more than $5. That came despite the Coalition having secured a Senate majority.
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Business & money: Global Radio refuses to rule out higher bid as it attempts to get the rival firm's shareholders on side
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British insurer Resolution  remained locked in talks with suitor Standard Life  on Friday over a possible 4.9 billion pound ($10.05 billion) takeover as a key midday bid deadline looms.
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ABN AMRO  said on Sunday that it is keeping its neutral stance on competing bids for the Dutch bank as it could not support a break up under the RBS-led  consortium's takeover offer which was financially superior.
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SYDNEY, Australia -- Australian stocks are trading at a fresh record Thursday, defying a negative lead on Wall Street. Market heavyweight News Corp, leading airline Qantas and the top four banks are all higher.
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Australia's competition body says it would not oppose Swiss mining giant Xstrata's proposed take-over of Australian rival WMC Resources.
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European banking giant UniCredit  on Friday denied a report in Italy's leading business daily that it might be interested in buying the $47 billion U.S. investment bank Merrill Lynch .
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Business & money: Stakes raised in battle for control of ABN Amro as Royal Bank of Scotland-led consortium trumps Barclays' offer for Dutch bank.
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Australia&#39;s competition watchdog has no plan to stop a bid by a consortium including gas retailer Alinta Ltd for Western Australia&#39;s biggest natural gas transmission pipeline.
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SYDNEY (Dow Jones)--Australian energy company Alinta Ltd. (ALN.AU) said Monday that Australia&#39;s competition regulator won&#39;t oppose its joint bid for the Dampier to Bunbury gas pipeline in Western Australia state.
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Canada's Bank of Nova Scotia   confirmed on Friday it was looking out for  acquisitions in Malaysia but denied a report that it planned to  buy an indirect stake in the country's fourth-biggest lender.
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ABN AMRO's sale of U.S. subsidiary LaSalle does not need shareholders' approval, a law professor advising the Dutch Supreme Court said on Tuesday, raising the chances of Barclays taking over the Dutch bank.
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The company has been rebuffed in Australia as it tries to grow.
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An Australian court ruled Monday that a concert promoter cannot block eBay users from selling scalped tickets.
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The company won't say whether it will participate in Ofcom's auction of radio spectrum, citing a U.S. ruling.