Australian share Market update


  • Bendigo & Adelaide Bank (BEN) has paid $5m for 50% of the Tasmanian Perpetual Trustee’s share in Tasmanian Banking Services.
  • Eircom Holdings (ERC) has reached a conditional agreement with its bondholders to restructure the of its Israeli
  • directories unit Golden Pages.
  • Envestra(ENV) has completed a 3 year $280m facility with a syndicate of five banks.
  • Leighton Holdings (LEI) has been awarded a AED 1.4bn project at the Khalifa Port and Industrial Zone by Abu Dhabi Ports.
  • National Australia Bank (NAB) has created a new role to manage the exit of discounted businesses within nabCapital.
  • Service Stream (SSM) has provided a market update and announces it CEO will step down.
  • Australian Worldwide Explorations (AWE) has been fined NZ$52,000 in relation to an oil discharge at Tui oil fields.
  • Lynas Corp(LYC) – the FIRB has asked China Nonferrous Metal Mining to resubmit its application for a majority stake in the company.
  • Western Areas(WSA) has stuck a deal to sell up to 25,000 metric tons of nickel to China’s Jinchuan Group over two years.
  • Macquarie Infrastructure Group (MIG) says it is reviewing options to enhance security holder value but hasn’t yet made any decision to those options.
  • ~~ Stock Picks and Stuff from JJ ~~

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