Australian consortium buys UK broadcast business
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An Australian investment fund will spend more than $3 billion buying into the broadcast operations of UK communications company NTL Incorporated.
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TOKYO (CBS.MW) - General Electric Co. said Wednesday it will buy Australian Financial Investments Group, a holding company for home loan lenders, to boost its mortgage business in that country.
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After a two-month search for a buyer, the National Australia Bank announced Tuesday that the Danske Bank Group of Denmark, one of Scandinavia&#39;s largest banks, would acquire
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LOS ANGELES Sept. 13, 2004 - A consortium led by Sony Corp. has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer Inc.
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CVC Asia Pacific, a buyout firm, said it had agreed to buy the DCA Group for 1.7 billion Australian dollars ($1.3 billion) to gain control of an Australian provider of hospitals for the elderly. CVC will pay 3.50 Australian dollars for each share of DCA, 35 percent more than the stockÂs price on Sept. 8, when DCA said it had received takeover offers. DCA owns 229 X-ray clinics and 6,000 nursing home beds, mostly in Australia. CVC Asia is owned by Citigroup and CVC Capital Partners of London.
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General Electric Co., the world&#39;s biggest non-bank lender, will buy Australian Financial Investments Group for about $300 million to boost its share of that nation&#39;s mortgage market, people familiar with the plan said.
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A consortium led by Australia&#39;s Macquarie group will pay Â£1.27 billion ($2.5 billion) for the broadcast infrastructure business of Britain&#39;s NTL Group.
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The private equity firm BC Partners will buy the worldâs largest commercial satellite operator, in a deal that values the company at about $5 billion.
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Capital Radio, the largest commercial radio broadcaster in Britain, agreed Wednesday to buy GWR Group for Â£341 million in shares to reduce costs and increase advertising revenue.
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MACQUARIE Communications Infrastructure Group, owner of most of Australia&#39;s TV and telco transmission towers, has begun its offshore expansion with a Â£1.27 billion ($3.1 billion) deal to buy Britain&#39;s second-biggest transmission group.
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SYDNEY, Australia -- Qantas Airways said Thursday it had accepted an $8.64 billion takeover offer from a private equity consortium including Australia's Macquarie Bank and the Texas Pacific Group _ one of the biggest corporate buyouts in Australian history.
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The Whitbread leisure group announced on Monday the billion-pound sale of its David Lloyd gymnasium chain to a consortium comprising property firm London Regional Holdings and HBOS.
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A Macquarie Communications Infrastructure Group (MCG) led consortium (âConsortiumâ), in which Macquarie Bank Limited (MBL) has an approximate 13% interest, today announced it has been selected as the successful bidder for the acquisition of National
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Australian flag carrier Qantas agreed to a boosted 11.1-billion-dollar (8.7 billion US) takeover bid from an international private equity consortium.
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Australia-based News Corp. has bought Telecom Italia SpA&#39;s 19.9 percent stake in satellite television company Sky Italia for euro88 million (US$108.
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Business & money: Guardian owner GMG and Apax seal deal with raised offer of media empire
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By PULLAR-STRECKER Tom  RISING demand for broadband in Australia and New Zealand has helped the consortium that owns the Southern Cross Cable sell a further US$310 million (NZ$443 million) of capacity on the communications artery during the past six months.