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Competition Regulator Voices Concern Over NAB AXA Bid
The competition regulator says it is more concerned with the proposed takeover of AXA Asia Pacific Holdings by National Australia Bank, than it was by the original bid tabled by AMP.
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Four Ways To Save Big In 2010
So your new year’s resolution is to save big in 2010, and the age old adage of count your penny’s and the pounds will take care of themselves is as true today as when the proverb was first written. However that doesn’t mean to say you should focus entirely on making small savings, there are a number of ways you can really save big and add to your bank balance, making sure that next Christmas won’t be about belt tightening, but belt loosening.
Here are four ways to save big in 2010.
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AXA SA And AMP Sweeten AXA APH Bid
Australian wealth manager, AMP and its partner French insurance giant AXA SA have sweetened their joint acquisition bid for AXA Asia Pacific Holdings to $12.85 billion from an original bid of $11.7 billion.
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AXA APH Talks Up Business Prospects In Effort To Fend Off AMP Bid
Regional insurer AXA Asia Pacific Holdings (APH) says its future is excellent as it seeks to talk up its prospects in an effort to fend off an $11.7 billion joint takeover bid from Australian wealth manager AMP and its French parent AXA SA.
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AXA SA Hopes To Acquire AXA APH “One Day”
Global insurance giant AXA SA, the largest insurer in France, says it hopes that ”one day” it will complete a takeover of AXA Asia Pacific Holdings (APH) as it seeks to increase the footprint and market share of its life insurance business across eight emerging markets.
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ANZ To Seek Further Acquisition Opportunities
Australian banking major ANZ may raise a further $2 billion in capital, bulking up its war chest as it seeks further acquisitions which take advantage of opportunities that have arisen from European lenders that are distressed as a result of the global financial crisis.
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ANZ To Acquire Joint Venture Stake From ING For $1.9 Billion
Australian banking major Australia & New Zealand Banking Corporation (ANZ) will buy out its wealth management and life insurance joint venture partner ING in a transaction worth $1.9 billion.
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Suncorp Sees Large Drop in Full Year Profits
Bancassurance group Suncorp-Metway recorded a 40 per cent drop in full year profits, with the result coming in at the lower end of its guidance.
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12 Basic Life Insurance Questions Part Two
We follow up with the second part of our two part series on 12 Basic Life Insurance Questions. For Part One See here
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12 Basic Life Insurance Questions Part One
Purchasing a life insurance policy can be confusing, there are a lot of products on offer and sometimes the options can make a buyer confused. Asking basic questions and finding out their answers can go a long way to clearing up the confusion. In this two part post we ask and provide general answers to the first six of twelve key questions, which should be answered before committing to a policy.
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