AMP Limited sells AMP Capital GEFI business to Macquarie for A$185 million

AMP Capital’s GEFI business currently manages approximately A$60 billion in assets under management (AuM) AUCKLAND, NEW ZEALAND: AMP Limited has entered into a binding agreement with Macquarie Asset Management to…

NNR July 8, 2021

Australian Exchange

Westpac sells New Zealand Life Insurance business to Fidelity Life for NZ$400 million

SYDNEY, AUSTRALIA: Westpac Group has agreed with Fidelity Life Assurance Company Limited to sell Westpac Life-NZ- Limited and enter into an exclusive 15-year agreement for the distribution of life insurance…

NNR July 6, 2021

Australian Exchange

Carnarvon and FIG form joint venture to produce renewable diesel

SYDNEY, AUSTRALIA: Carnarvon Petroleum Limited has formed a joint venture with Frontier Impact Group (FIG) to produce renewable diesel. Frontier Impact Group (FIG) has been actively progressing a bio refinery…

NNR July 6, 2021

Australian Exchange

Rohan Dhowan appointed Chief Executive Officer at Invigor Group Limited

SYDNEY, AUSTRALIA: Invigor Group Limited (ASX: IVO) has appointed Rohan Dhowan as Chief Executive Officer (CEO) of the Company. Gary Cohen is stepping down as CEO but will remain Executive…

NNR July 6, 2021

Australian Exchange

Toys“R”Us sells Chill Factor business to Character Promotions for $1.31 million

SYDNEY, AUSTRALIA: Toys“R”Us ANZ Limited (ASX: TOY) announced the sale of its Chill Factor business to Character Promotions Limited, a UK based toy manufacturer and distributor. The sale continues the…

NNR July 4, 2021

Australian Exchange

Tabcorp Holdings to demerge Lotteries & Keno business creating two separate listed companies

SYDNEY, AUSTRALIA: Tabcorp Holdings Limited (Tabcorp) today announces that it intends to undertake a demerger of its Lotteries & Keno business. The decision to pursue a demerger follows the conclusion…

NNR July 4, 2021

Australian Exchange

Consortium of infrastructure investors bid to acquire Sydney Airport

SYDNEY, AUSTRALIA: Sydney Airport has received an unsolicited, indicative, conditional and non-binding proposal from a consortium of infrastructure investors to acquire, by way of scheme of arrangement and trust scheme,…

NNR July 4, 2021

Australian Exchange

HomeCo Daily Needs REIT buys Town Centre Victoria Point in a $160 million deal

SYDNEY, AUSTRALIA: HomeCo Daily Needs REIT has announced acquisition of a 100% interest in Town Centre Victoria Point, QLD for a total purchase price of $160.0 million representing a fully…

NNR July 4, 2021

Australian Exchange

Cannasouth to fully acquire it’s cultivation and manufacturing joint ventures for $4.5 million

WELLINGTON, NEW ZEALAND: Cannasouth Limited (NZX: CBD) has today entered into two conditional agreements to buy the balance of the shares that it does not already own in its cultivation…

NNR July 4, 2021

Australian Exchange

New Zealand Overseas Investment Office okays a2MC acquisition of 75% interest in Mataura Valley Milk

AUCKLAND, NEW ZEALAND: The a2 Milk Company (a2MC) has received the consent of New Zealand Overseas Investment Office (OIO) to acquire a 75% interest in Mataura Valley Milk (MVM), a…

NNR July 4, 2021

Australian Exchange

Kiwi Property launches green bond offer

AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited is offering up to NZ$100 million (plus up to NZ$50 million of oversubscriptions) of seven-year fixed-rate senior secured green bonds to institutional and…

NNR July 4, 2021

Australian Exchange

Telstra sells 49 percent of Telstra InfraCo Towers for $2.8 billion

SYDNEY, AUSTRALIA: Telstra Corporation announced a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo Towers after agreeing to acquire a…

NNR June 30, 2021