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Forum Archive Index - October 2000

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Thu, 12 Oct 2000 18:43:22 +1300


Hi everyone, here's the summary of the ShareChat News for today.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.


"Nope" Says Commerce Commission to Shell

Dealing a massive blow to Fletcher Challenge's restructuring process, the
Commerce Commission has declined to clear the Shell acquisition of Fletcher
Energy.

http://www.sharechat.co.nz/articles/20001012-FEGshelldenied.shtml

**

Coles-Myer has Record Pre-Abnormal Profit

Australian-listed retailer Coles-Myer says its record after tax profit of
A$483.7 million before abnormals was in line with market and budget
expectations.

http://www.sharechat.co.nz/articles/20001012-CMLfyr2000.shtml

**

Axa Sells Trustee Business

Axa Asia Pacific is selling its private client and corporate trustee
business, Axa Trustees, to Perpetual Trustees Australia.

http://www.sharechat.co.nz/articles/20001012-AXAtrusteebizsale.shtml

**

Foster's Wants More North American Growth

Australian brewing giant Foster's has signed new agreements with North
American brewers, US-based Miller and Canada's Molson, to push its brand
more strongly in those countries.

http://www.sharechat.co.nz/articles/20001012-FBGmillermolsonagreement.shtml

**

Blue-chip Exposure for WDT in New Deal

Wellington Drive Technologies says is its latest licensing arrangement with
US-based Torrington Research is a quality deal which will help promote WDT
to some of the world's most successful manufacturers.

http://www.sharechat.co.nz/articles/20001012-WDTtorringtondeal.shtml

**

Telecom Extends AAPT Takeover Date

Telecom has extended its takeover offer for Australian telco AAPT by five
days but says it will declare its offer unconditional if it has 90% of the
stock by the middle of next week.

http://www.sharechat.co.nz/articles/20001012-TELaaptextension.shtml

**

Best Regards

The ShareChat Team


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