Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims Read More »
Australian bank CBA posts record first-half cash earnings on lending growth
Australian bank CBA posts record first-half cash earnings on lending growth Read More »
AUB Group Ltd., the Sydney, Australia-based brokerage and underwriting agency group, announced it has entered into an agreement to acquire 95.9% of Prestige Insurance Holdings Ltd. for $432 million (US$300.1 million). Founded in 1973, Prestige is a diversified insurance broking and underwriting platform in the UK with more than A$300 million (US$208.4 million) in gross
Australian Broker AUB Agrees to Buy Majority Stake in UK’s Prestige Read More »
Australian defence department chief to replace Kevin Rudd as US ambassador
Australian defence department chief to replace Kevin Rudd as US ambassador Read More »
Australia is bracing for catastrophic fire risk in parts of Victoria on Friday as the country swelters through its worst heat wave since the Black Summer bushfires in the summer of 2019 and 2020. Temperatures rose above 45C (113F) in some places as the heat wave baked Adelaide and South Australia, before being driven east
Australian State Faces Catastrophic Fire Risk From Heat Wave Read More »
Australian state parliament reconvenes to push through stricter gun laws after Bondi mass shooting
Australian state to pass emergency gun laws as funerals of Bondi attack victims begin
Australian state to pass emergency gun laws as funerals of Bondi attack victims begin Read More »
Australia’s AUB Group said on Monday its suitors EQT and CVC Asia Pacific had abandoned their pursuit that valued the insurance broker at A$5.25 billion ($3.44 billion), sending its shares more than 17% lower. Shares of the Sydney-based firm plunged 17.5% by 0011 GMT to A$30.66 in what could be their weakest day on record
PE Firms EQT, CVC Drop $3.44B Pursuit of Australian Broker AUB Group; Shares Drop Read More »