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	RUBRIC NEWS : "ENTERPRISES NEWS"

Australia Pacific LNG Awards $220MM Rig Contract : Australia Pacific LNG has reached another milestone with the announcement that it has awarded a $220 million drilling and workover rig contract for the project. The contract was awarded to Savanna Energy Services Pty Ltd (Savanna) for the provision of two proprietary hybrid drilling rigs and two workover rigs for a five year term from September 2010. Savanna ...
29 Dec 2009 02:24

18 Dec 2009 02:10

National Australia Bank to Buy Axa Asia, Trumping AMP : National Australia Bank Ltd. bid A$13.3 billion ($12 billion) for Axa Asia Pacific Holdings Ltd., scuttling AMP Ltd.’s joint offer with French insurer Axa SA and winning approval from the wealth ...

10 Dec 2009 02:33

Caltex Australia Sees Weak 2010 Start; to Shut Lubricant Unit : Caltex Australia Ltd., the nation’s biggest oil refiner, predicted a weak first half of 2010 and said the lubricant unit at its Kurnell plant in Sydney isn’t viable and will be shut ...

Australia's NAB undercuts Westpac in home loan rate : National Australia Bank Ltd, the nation's top lender, raised its standard variable mortgage rate by 25 basis points on Thursday, matching a rise in official interest rates by the central bank this ...
04 Dec 2009 02:32

Caltex Australia Faces ‘Headwinds’ on Refining, Merrill Says : Caltex Australia Ltd. faces “significant headwinds” as the rising Australian dollar and increasing crude prices put pressure on refining margins, Bank of America Corp.’s Merrill Lynch ...
28 Nov 2009 02:24

27 Nov 2009 02:11

Foster’s Wins Appeal Against $503 Million Tax Ruling : Foster’s Group Ltd., Australia’s biggest beer and winemaker, won its appeal against an Australian Tax Office assessment that the company said could have cost it as much as A$546 million ($503 ...

Volkswagen Australia Sells A$125 Million 2012 Bonds : Australian unit sold A$125 million ($115 million) of three-year bonds. The 7.25 percent notes were priced to yield 200 basis points more than the swap rate, according to a sale document seen by Bloomberg News today. ...
25 Nov 2009 02:26

21 Nov 2009 02:10

Woodside Says Pluto LNG Costs May Rise by $1 Billion : Woodside Petroleum Ltd., Australia’s second-biggest oil and gas producer, said the cost of its Pluto project is set to jump by as much as A$1.1 billion ($1 billion) partly because of higher-than-expected labor expenses. ...

National Australia Bank Buys Hong Kong Asset Manager Calibre : National Australia Bank Ltd., the country’s third-biggest lender, said it bought Hong Kong-based Calibre Asset Management to bolster investment advisory and private and corporate banking ...
19 Nov 2009 01:44

17 Nov 2009 01:56

Lloyds Australia Said to Sell A$698 Million Asset-Backed Notes : A Lloyds Banking Group Plc unit in Australia sold A$698 million ($653 million) of bonds backed by vehicle loans, according to a person familiar with the matter. Capital Australia Finance Ltd. priced the notes to yield 195 basis points more than the one-month bank bill swap rate, said the person, who asked not to be identified as they’re not ...

Australia, N.Z. Stocks: AWB, BHP, BlueScope, Cavalier, Rio : Australia’s S&P/ASX 200 Index fell 0.2 percent to 4,747.90 at the close in Sydney. New Zealand’s NZX 50 Index added 0.3 percent to 3,172.08 in Wellington. The following were among the most active shares in the market. Stock symbols are in parentheses after company names. ...
13 Nov 2009 02:05

10 Nov 2009 02:15

Primary Health Care Agrees to A$1 Billion Debt Refinancing Loan : Primary Health Care Ltd., Australia’s second-largest provider of medical diagnostic tests, agreed to borrow A$1 billion ($925 million) to refinance maturing debt. National Australia Bank Ltd. and 11 other lenders offered A$1.33 billion to the Sydney-based company, Tom Mazzaferro, director of loan syndication at National Australia, said in a ...

06 Nov 2009 02:07

Transurban Rejects $6 Billion Offer From Canada Funds : Transurban Group, Australia’s biggest toll road operator, rejected an unsolicited A$6.8 billion ($6.2 billion) takeover offer from Canada Pension Plan Investment Board and Ontario Teachers’ ...

05 Nov 2009 01:55

National Australia Pulls Bond Sale Citing Standards : National Australia Bank Ltd., which last week reported its first loss in at least nine years, said it scrapped plans for a A$500 million ($451 million) bond sale amid concern about changes to bank ...

24 Oct 2009 00:17

Australia approves biggest ever Chinese takeover : Australia on Friday approved Yanzhou Coal's 3.5 billion dollar (3.2 billion US) takeover of miner Felix, its biggest by a Chinese firm, in a massive boost for the Asian giant's scramble for resources. ...

24 Oct 2009 00:16

Bridgestone's Australia, New Zealand job cut plans : Japanese tyremaker Bridgestone said Friday it would shed nearly 900 jobs in Australia and New Zealand as it closes manufacturing plants amid a worldwide slump in demand for cars. The company said it would shut its tyre manufacturing facility in Adelaide in southern Australia by the end of 2010 and another plant in Christchurch in New Zealand by the end of 2009, the company ...

23 Oct 2009 00:43

Santos Sales Fall 24%; Keeps Oil, Gas Output Target : Oct. 22 (Bloomberg) -- Santos Ltd., Australia’s third- largest oil and gas producer, said third-quarter sales dropped 24 percent as lower oil prices outweighed a gain in output. Sales fell to A$557 million ($514 million) from A$730 million a year earlier in the three months ended Sept. 30, the Adelaide-based company said today. Production rose 5 percent to 13.9 million ...

26 Nov 2007 23:39

Zinifex Has A$2.2 Billion to Make Global Acquisitions (Update4) : Zinifex Ltd., the world's third- largest zinc mining company, has more than A$2.2 billion ($1.9 billion) to make acquisitions or return cash to shareholders after selling its stake in ...

Macquarie-Led Group to Buy Puget for $3.51 Billion (Update5) : An investor group led by Macquarie Bank Ltd., Australia's largest investment bank, agreed to take private Puget Energy Inc., owner of Washington's largest utility, for $3.51 billion to ...
29 Oct 2007 14:04

22 Oct 2007 21:43

AGL Says Anthony to Leave, Appoints Fraser as Head (Update6) : AGL Energy Ltd., Australia's biggest electricity and gas retailer, said Paul Anthony will leave as chief executive officer after a cut in the utility's profit forecast that triggered its ...

Sky City Stock Rises After Putting Itself Up for Sale (Update1) : Sky City Entertainment Group Ltd., New Zealand's largest casino owner, had the second biggest gain on the nation's benchmark index after putting itself up for sale following a takeover ...
01 Oct 2007 16:45

Sky City Soars to Record One-Day Gain on Takeover Bid (Update5) : Sky City Entertainment Group Ltd. rose by a record on New Zealand's stock exchange, after the nation's biggest casino owner received a takeover offer. The stock jumped 22 percent to NZ$5.28 at the 5 p.m. close to trading in Wellington, valuing the company at NZ$2.4 billion ($1.8 billion). The price indicated by the suitor, which Sky ...
24 Sep 2007 15:25

Ramsay Health Agrees to Buy Capio's U.K. Hospitals (Update5) : Ramsay Health Care Ltd., Australia's biggest private hospital provider, agreed to buy the U.K. operations of Capio AB for 193 million pounds ($391 million) to lessen its dependence on sales ...
10 Sep 2007 15:00

Credit Suisse Steps Up Hires as Raphael Rebuilds Team (Update1) : Credit Suisse Group, Switzerland's second-largest bank, has stepped up hiring of bankers in Asia to focus on industry coverage and China after a flurry of departures this year, said Paul ...
05 Sep 2007 00:20

Fonterra Forecasts Record Milk Payment as Prices Soar (Update2) : Fonterra Cooperative Group Ltd., the world's biggest dairy exporter, said its farmers may get a record milk payment this year, bolstering an industry that makes up 7 percent of New ...
28 Aug 2007 00:51

21 Aug 2007 00:51

Westpac Hires Kelly, Who Doubled Profit at St.George (Update4) : Westpac Banking Corp., Australia's oldest bank, hired Gail Kelly as chief executive officer after she more than doubled profit at smaller rival St.George Bank Ltd. Kelly, 51, will join Westpac on Feb. 1, replacing 60-year- old David Morgan who is retiring after running the bank since March 1999, the Sydney-based company said in a statement today. ...

Asia-Pacific Company Bond Risk Rises on Central Bank Cash Boost : The perceived risk of owning corporate bonds in the Asia-Pacific region rose after fallout from subprime mortgage losses prompted central banks to boost funds in the financial system. ...
14 Aug 2007 00:30

Rio's Albanese Says May Double Uranium Output in Next Decade : Rio Tinto Group, the world's third- largest mining company, is studying plans that could double its uranium production over the next decade, after the price of the nuclear fuel has surged on ...
06 Aug 2007 23:49

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Australia Pacific LNG Awards $220MM Rig Contract
29 Dec 2009

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