Australian property firm bought
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Australian property group Investa agrees to be bought by US investment giant Morgan Stanley for $3.9bn.
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CENTRO, Australia&#39;s fourth-biggest listed property trust, has sealed a $US610 million ($800 million) deal to buy US shopping centre manager Kramont Realty Trust.
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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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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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By Kyodo News International, Tokyo  Dec. 14--SYDNEY -- Australia's Qantas Airways said Thursday it has  accepted a revised A$11.1 billion (about US$8.7 billion) buyout offer by a  consortium led by a local investment bank, a local newspaper reported.
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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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When Australian property developer Victor Ollis checked his bank account, he couldn't believe his luck. A technical error meant that a total of A$11m (Â£4.5m) had mistakenly poured into his account and he went on a spending spree.
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SYDNEY/NEW YORK  - Australia's Centro Properties Group  and Centro Retail Trust  have agreed to buy New Plan Excel Realty Trust  for about $3.4 billion in cash, accelerating Centro's push into the United States.
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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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Australia's Qantas Airways Ltd.  reached a deal on Wednesday to be sold to a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group, according to a source familiar with the deal.
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Morgan Stanley's  real estate unit said on Thursday it would buy Australia's Investa Properties Ltd.  for A$4.7 billion (US$3.9 billion), the latest in a string of property takeovers by the U.S. investment bank.
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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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Real Estate.NET Holdings Pty  Ltd, a new company established by the team that operates Rooms.NET and  Local.NET, announced today that it has officially acquired the domain  name realestate.net.
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Challenger Financial Services Group, an Australian fund manager, said Monday that it bought a 5.8 percent stake in a British natural gas distribution network for 85 million Australian dollars, or $65 million, to diversify its portfolio of investments.
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An oil company controlled by the Russian government, Rosneft, said yesterday that it had bought the company that had won Sunday&#39;s auction for the largest subsidiary of the oil giant Yukos.
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The real estate company seems to have the right results and the right investors.
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QANTAS Airways shares firmed yesterday following British Airway&#39;s sale of its 18.25 per cent stake in the carrier. BA&#39;s 336 million shares in Qantas were sold to Australian and international institutions at