13/05/2008 - 06:23

Today's Business Headlines

13/05/2008 - 06:23

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Swan's $65bn megabank test; NRW in legal tussle over ore truck tyres; Burrup price trimmed as float plan back on track; Rate rises spur slide in housing loans; Oxiana bid for Zinifex a fair deal, says expert

Today's Business Headlines


Swan's $65bn megabank test
The banking industry faces its biggest shake-up in decades after Westpac launched a takeover bid for St George Bank that would create the nation's biggest lender worth $65 billion. The Australian

NRW in legal tussle over ore truck tyres
Mining services group NRW Holdings is locked in a legal battle with major customer Rio Tinto over a soured $20 million contract to provide second-hand tyres for the mining giant Pilbara's iron ore trucks. The West

Burrup price trimmed as float plan back on track
Indian tycoon Pankaj Oswal has cut the asking price for his Burrup fertiliser business by up to 30 per cent after deciding to defy the global credit crunch and push ahead with the much-anticipated sharemarket float. The West

Rate rises spur slide in housing loans
Home loan approvals have dropped as high interest rates and economic uncertainty encourage the wary to postpone their house-buying plans. The Fin Review

Oxiana bid for Zinifex a fair deal, says expert
An independent expert has found that Zinifex shareholders are getting a "fair" deal in the proposed $12 billion scrip merger with Oxiana. The West

 

THE WEST AUSTRALIAN

Business: Mining services group NRW Holdings is locked in a legal battle with major customer Rio Tinto over a soured $20 million contract to provide second-hand tyres for the mining giant Pilbara's iron ore trucks.

Indian tycoon Pankaj Oswal has cut the asking price for his Burrup fertiliser business by up to 30 per cent after deciding to defy the global credit crunch and push ahead with the much-anticipated sharemarket float.

An independent expert has found that Zinifex shareholders are getting a "fair" deal in the proposed $12 billion scrip merger with Oxiana.


 







 

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