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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Fri, 17 Nov 2000 07:26:49 +1300


Hi everyone, here's the summary of the ShareChat News from yesterday.

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.


Yesterday's ShareChat News:

Take-over Offer for South Eastern Utilities

Christchurch-based rural services' company, Pyne Gould Corporation, has
announced a take-over bid for the 49.7% of South Eastern Utilities which is
does not already own.

http://www.sharechat.co.nz/articles/20001116-SEUpgctakeover.shtml

**

Brierley Lifts Stake in DB's Singapore Investor

Brierley Investments has lifted its holding in Asia Pacific Breweries
partner, Singapore-based Fraser and Neave.

http://www.sharechat.co.nz/articles/20001116-BRYfraserneavestake.shtml

**

Petroz Recommends Italian Takeover Bid

The ongoing Australia's Petroz is recommending a cash takeover at A56 cents
a share by Italian energy company Eni.

http://www.sharechat.co.nz/articles/20001116-PTZenitakeover.shtml

**

AMP Denies Sale Rumour

Insurer AMP is not buying into media speculation that it is considering
selling all or part of its general insurance business.

http://www.sharechat.co.nz/articles/20001116-AMPgiosalerumour.shtml

**

Improved Occupancy and Profit for Ryman

Retirement village operator Ryman Healthcare has pushed its interim profit
up by 10% on last year to just over $7 million and announced that it has
increased occupancy at a number of its operations.

http://www.sharechat.co.nz/articles/20001116-RYMhyr2001.shtml

**

Steel and Tube Faces Tighter Building Market

New Zealand steel maker, Steel and Tube, is making headway in the new
financial year although it says trading conditions are fragile.

http://www.sharechat.co.nz/articles/20001116-STUagm2000.shtml

**

Best Regards

The ShareChat Team



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