• Revised Proposal from CYBG PLC For Virgin Money Holdings

    Revised Proposal from CYBG PLC For Virgin Money Holdings0

    The Boards of Virgin Money and CYBG confirm that CYBG has made a revised proposal to Virgin Money (the “Revised Proposal”) and the two companies are in discussions regarding an all-share combination (the “Proposed Combination”) to create a new national competitor in UK banking. Under the terms of the Revised Proposal, CYBG would acquire the

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  • Vicinity Accelerates Portfolio Enhancement With Up To $1 billion Of Asset Sales

    Vicinity Accelerates Portfolio Enhancement With Up To $1 billion Of Asset Sales0

    Vicinity Centres (Vicinity; ASX: VCX) today announced plans for the sale of up to $1.0 billion of Sub Regional and Neighbourhood shopping centres, with sale proceeds to be reinvested into value-accretive development opportunities. This continues Vicinity’s focus on ongoing portfolio enhancement and delivering superior income and sustainable long-term capital growth for securityholders. Mr Grant Kelley,

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  • Rio Tinto Completes The Sale of Winchester South for $200 million

    Rio Tinto Completes The Sale of Winchester South for $200 million0

    Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited. Total consideration of $200 million is comprised of $150 million in cash received today and an unconditional cash payment of $50 million due in 12 months. The sale of

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  • APA Extends PPA Term With Alinta With 17.5MW Of Solar

    APA Extends PPA Term With Alinta With 17.5MW Of Solar0

    APA Group (ASX:APA), Australia’s leading energy infrastructure business, today announced an extension to the existing Power Purchase Agreement (“PPA”) with Alinta Energy for the Badgingarra Wind Farm, to include a 17.5MW solar farm. Both projects are expected to be commissioned in early 2019. The combined wind and solar PPA will extend the original 12 year

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  • ACCC Approves REA Group Acquisition of Hometrack Australia

    ACCC Approves REA Group Acquisition of Hometrack Australia0

    REA Group Limited (ASX:REA) today announced that the ACCC has confirmed that it will not intervene in the acquisition by realestate.com.au Pty Ltd of Hometrack Australia Pty Ltd (“Hometrack Australia”), as announced to the market on 1 May 2018. Hometrack Australia is one of Australia’s leading providers of property data services. Its suite of products

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  • ANZ Announces Sale of OnePath Life NZ to Cigna Corporation

    ANZ Announces Sale of OnePath Life NZ to Cigna Corporation0

    20-year strategic alliance to provide insurance to ANZ customers ANZ Bank New Zealand Ltd today announced it has agreed to sell OnePath Life NZ Limited for NZ$700 million to Cigna Corporation, a specialist insurance business that has been providing insurance protection to New Zealanders for 100 years. The transaction represents a slight premium to embedded

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