Volumes on the Australian stockmarket may have been light in past months, but takeover activity spurred offshore hedge fund buying last week among substantial notices filed to the Australian Stock Exchange.
Foster’s Group, which was delisted from the S&P/ASX 200 on Friday, featured heavily with National Australia Bank/MLC and UBS ceasing to be substantial shareholders.
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Joanna Health writes on News specialising in Politics, Climate, Health. Based in our Canberra newsroom, Joanna is the Financial Review's online political correspondent. Connect with Joanna on Twitter.
