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This proposal was rejected by the IAG board the next day. QBE responded by increasing its proposal to 0.142 QBE shares plus 70 cents per IAG share. On 14 April 2008, IAG also rejected this proposal. On 16 May 2008, QBE increased its proposal to 0.145 QBE shares plus 90 cents per IAG share (an effective value of $4.60 per IAG share at the time).
On 13 October 2007, Adler was released from the St Heliers Correctional Centre in the Hunter Valley on parole, after serving 2 + 1 ⁄ 2 years of his sentence. However, in November 2007, he faced court in a NSW civil case related to bonuses he recommended for executives of the failed telco One.Tel. Adler was on One.Tel's remuneration committee. [9]
The S&P/ASX 20 index is a stock market index of stocks listed on the Australian Securities Exchange from Standard & Poor's. While the "ASX 20" often simply refers to the 20 largest companies by market capitalisation , the S&P/ASX 20 Index is calculated by using the S&P Dow Jones Indices market capitalization weighted and float-adjusted ...
On 5 August 2011, the index fell to 4159 points, with a 4.6% fall in one day, the biggest fall since the subprime mortgage crisis. On 13 February 2013, the index rose by 28.4 (0.59%) to 5,010.30, passing 5000 for the first time since the 2008 financial crisis.
It is based on the 200 largest ASX listed stocks, which together account for about 82% (as of March 2017) of Australia's share market capitalisation. [2] The ASX 200 was started on 31 March 2000 with a value of 3133.3, [3] equal to the value of the All Ordinaries at that date.
In 1963, The Perpetual Executors & Trustees Association of Australia Ltd (Victoria) and Queensland Trustees Ltd, which had operated in their own states since the 1880s, merged with Perpetual Trustee Company Ltd (NSW). In 1964 Perpetual listed its shares on the Australian Securities Exchange and this continues today.
de Havilland Aircraft Pty Ltd (DHA) was an Australian subsidiary of the British aircraft manufacturer de Havilland, founded in 1927. [1] It acquired the Commonwealth Aircraft Corporation in 1985 and was purchased by Boeing in 2000 and merged with the Boeing owned AeroSpace Technologies of Australia (formerly Government Aircraft Factories) to become Hawker de Havilland Aerospace Pty Ltd.
The company was founded in 1949 by John Holland. [1] In 1991 the business was purchased by Janet Holmes à Court's Heytesbury Pty Ltd.In 2000, Leighton Holdings bought a 70% stake in the company, this was increased to 99% in 2004 and 100% in December 2007. [2]