Australian diversified company Abacus Property Group raised USD75 million in a share sale, the proceeds of which would be used to more properties in New South Wales, Queensland, and Victoria.
Tags: Australian Stock Exchange
ASX Starts Strong This Week Due to Inflation
The Australian Stock Exchange (ASX) began its trading week strong after stocks based in the United States finished last week on the red, with investors continuing to bet that the Reserve Bank of Australia (RBA) would start cutting interest rates by September.
Shares of Australian-Mexican Food Chain Guzman y Gomez Soar North of 30% in Trading Debut
Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.
Glencore-Xstrata to divest stake in Tampakan copper-gold mine in the Philippines
Baar, Switzerland-based mining giant Glencore-Xtstrata is preparing to divest its stake in the Tampakan copper-gold mine in South Cotabato, Philippines, according to a disclosure to the Australian Stock Exchange.
Australian IPO poised to grow in 2014 despite poor performance this year
The initial public offering (IPO) pipeline of Australia is set to improve along with merger and acquisition activity in 2014 despite poor performances this year, according to investment bank UBS.
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Nine Entertainment Co's upcoming IPO could put the company's value at over AUD2.77 million.
Job outsourcing marketplace Freelancer.com had filed for a public listing on the Australian Stock Exchange, according to the company's announcement today.
Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
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