COMPANIES

AXA sales gained further amidst takeover battles

AXA Asia Pacific gained more sheen for takeover bids as the company reported yesterday that its first quarter sales for 2010 bumped up to 92 percent or an actual currency value of $146, with its strong sales surge pushed forward by the upbeat Asian markets.

Seven nods $3bn merger with WesTrac

Shareholders of Seven Network media group on Tuesday approved the planned merge with privately-owned earthmoving giant WesTrac after deliberating on the move for two-and-a-half hours.
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Newcrest to alter its deal with Lihir

Newcrest Mining announced today it is ready to make some changes regarding its takeover bid for Lihir Gold, presenting the shareholders a mix of either shares or cash.

ASIC propose disclosure to infrastructure sector

The Australian Securities & Investments Commission yesterday proposed a regulation to protect retail investors from using complex and risky financial systems, costly management fee structures and company disputes.

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