April 2014
Property updates
Demand for office space in the Sydney central business district declined from 1.2 per cent to 1.1 per cent in the March quarter, according to the DEXUS barometer.
ASIC takes Mariner execs to court over Austock bid
ASIC has begun court action against Mariner Corp chairman Don Christie, CEO Darren Olney-Fraser and former director Matthew Fletcher over the company’s failed Austock bid.
March 2014
ReCap lashes Lemarne’s latest raid
Fund manager Real Estate Capital Partners USA Property Trust has hit back strongly against the latest bid by corporate raider Darren Olney-Fraser to take over its management.
February 2013
Optus soundings signal confidence levels rising
A sure sign markets are bullish is when optimism about large-scale floats resurfaces and banks start sounding out buyers for assets they have not been mandated to sell.
January 2013
Mariner faces uphill battle for Globe
Mariner Corporation is facing an uphill takeover battle for street and skatewear brand Globe International at the same time it is grappling for support in its $24.5 million bid for stockbroker Wilson HTM Investment Group.
Williams and Lew cautious of Mariner bid
Mariner Corporation’s chances of a successful bid for Globe International hang in the balance after the fifth largest shareholder in Globe said his support for the bid depended on other owners of the stock making the first move.
December 2012
Globe head dismisses offer
Updated | Street and skatewear maker Globe International’s chairman Paul Isherwood has lambasted Mariner Corporation for its $19.7 million scrip takeover offer, saying it was “unhelpful, inopportune, untimely and opportunistic”.
Globe chairman dismisses offer
Street and skate-wear maker Globe International has lambasted Mariner Corp for launching its unsolicited takeover bid and slammed shares in the corporate raider for being “risky” and “absolutely useless”.
November 2012
Mariner in $19.7m bid for Globe International
Corporate raider Mariner Corporation has moved on to its next target, pitching a $19.7 million bid for skate brand Globe International.
October 2012
Wilson HTM bid could prompt more shuffles
Beleaguered broking house Wilson HTM has been offered a lifeline, but do not expect the company or its shareholders to latch on to this offer.
July 2012
Nomura, Instinet to merge by year-end
Global agency broker Instinet is expected to have completed the merger of its operations with Japanese parent Nomura in Australia by the end of the year.
Mariner buys up Investorfirst shares
Corporate raider Mariner is understood to have swooped on as much as 5 per cent of listed diversified financial services company Investorfirst Securities, just two days after shelving a bid for Austock Group.
June 2012
Austock lambastes Mariner bid
The chief executive of former embattled mid-tier broker, Austock, has slammed corporate raider Mariner Corporation’s recent takeover bid as “unwelcome” and “certainly against shareholders’ wishes”.
May 2012
Mariner may be fishing for Austock
Now that Austock has bowed to trading room pressures and offloaded its brokerage business to Intersuisse, attention has turned to what will happen to Austock’s rump, which continues to trade on the Australian Securities Exchange.
March 2012
Company briefs
Rio Tinto has completed a $US7 billion ($6.7 billion) on-market buyback of its London-listed shares a few days ahead of schedule.
July 2011
Property briefs
The three US hedge funds that failed to oust Charter Hall Group as the responsible entity of Charter Hall Office will maintain their co-operation agreement.