News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
Tags: Commonwealth Bank of Australia
National Australia Bank posts 8% increase in Q1 cash profit
National Australia Bank posted an 8% increase in its quarterly cash profit helped by robust results in wealth sector and rise in lending volumes.
Australia sets additional capital requirements for big banks
Australia's systemically important "Big Four" banks will be required to set aside an extra 1 percent of equity capital to protect against the kind of turmoil seen during the global financial crisis under new regulations announced on Monday.
Australia's CFS inks $460M deal to acquire CBA business
CFS Retail Property Trust Group has entered an agreement to pay $460 million to acquire the integrated retail asset management business of the Commonwealth Bank of Australia (CBA).
Dexus Property Group says no to GPT Group's offer for office trust
Dexus Property Group said it will not accept the the AUD 1.27 a share offer from the GPT Group for the Commonwealth Property Office Fund of the Commonwealth Bank of Australia.
Latest News
The Commonwealth Bank of Australia announced plans to exit the real estate business. Commonwealth Bank of Australia (CBA) said that they are in the process of seeking an avenue to leave its property management business.
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