SYDNEY: Westpac notes that Fitch Ratings (Fitch) has today revised the Outlook for Westpac Banking Corporation’s Long Term Issuer Default Rating (IDR) to ‘Stable’, from ‘Negative’. The change in ratings outlook reflects Fitch’s view of the improved economic prospects in…
SYDNEY: NEXION Group Ltd has entered into an agreement to acquire 100% of the issued share capital of Blue Sky Telecom Pty Ltd, a news release said. Acquisition forms part of NEXION Group’s expansion strategy outlined in the Company’s recent…
SYDNEY: AssetOwl Limited announced the appointment of Geoff Goldsmith as Chief Executive Officer. Mr Goldsmith has been consulting to the Company for last four months, working with the board and management team to develop the Company’s commercial roll out strategy,…
SYDNEY: EML Payments Limited has entered into a binding Share Purchase Agreement to acquire 100% of Sentenial Limited and its wholly owned subsidiaries including their open banking product, Nuapay for an upfront enterprise value of €70 million plus an earn-out…
SYDNEY: The GO2 People Ltd has entered into a Share Purchase Agreement to acquire all of the shares in leading WA-based Employment Services provider Skill Hire Australia Pty Ltd. The transaction aligns with the Company’s previously stated strategic plan to…
AUCKLAND: Sky and global entertainment conglomerate NBCUniversal (NBCU) have signed an expanded multi-year deal encompassing movies, drama, comedy, entertainment, reality and news across broadcast channels, on demand and streaming, a news release said. The agreement with NBCU includes series produced…
SYDNEY: Universal Biosensors Inc. has entered into a non-exclusive Distribution Agreement with Vines to Vintages Inc for the distribution of its wine testing platform device “Sentia” in Canada. The Distribution Agreement is for a three-year term and contains standard renewal…
AUCKLAND: AMP Limited has appointed Alexis George as its new group Chief Executive Officer (CEO), to take over from Francesco De Ferrari who will retire from the role as the company completes its portfolio review. Ms George will join AMP…
SYDNEY: White Energy Company Limited has sold their 51% equity in Mountainside Coal Company, based in Kentucky, USA. The sale to Kentucky based miner, Clay Laurel Mining Inc. is for a total consideration of US$4.053 million which equates to approximately…
SYDNEY: McPherson’s Limited announced the appointment of interim CEO Mr Grant Peck as Chief Executive Officer and Managing Director on a permanent basis, effective immediately. Mr Peck’s appointment followed a thorough search and selection process undertaken by the Board which…
SYDNEY: Swift Media Limited has entered into a share sale agreement to sell 100% of the issued capital of Medical Channel Pty Ltd to Motio Limited for a consideration of 30 million shares in Motio. Swift announced the sale of…
AUCKLAND: Kiwi Property today launched a Sustainable Debt programme, the latest initiative in the Company’s comprehensive carbon reduction strategy, a news release said. “Kiwi Property has been committed to sustainability for almost two decades and today it’s part of the…