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It's bad to worse for Babcock & Brown

Business | Securities
2008-8-12

BABCOCK & Brown Ltd, the worst-performing stock on the MSCI Asia-Pacific Index, said yesterday that first-half profit dropped as much as 40 percent as share and real estate prices tumbled, eroding the value of investments. ...

Australian securities firm goes for power

Business | Securities
2008-7-5

BABCOCK & Brown Ltd, Australia's second-biggest securities firm, and Babcock & Brown Power rose in Sydney trading after the electricity producer agreed to sell a power station for A$700 million (US$672 million). ...

Australian brokerage refinances its debt

Business | Securities
2008-7-1

BABCOCK & Brown Ltd, Australia's second-biggest securities firm, agreed to a higher interest rate on A$2.8 billion (US$2.7 billion) of debt as banks waived their right to force early repayment. Bank of Scotland...

Aussie securities firm in record plunge

Business | Securities
2008-6-13

BABCOCK & Brown Ltd, Australia's second-biggest securities firm, plunged by a record in Sydney trading, pushing its market value to a level that may trigger a review of agreements on A$2.8 billion (US$2.6 billion)...

Babcock agrees to purchase Coinmach in its 3rd US takeover

Business | Banking
2007-6-18

BABCOCK & Brown Ltd, Australia's second-largest investment bank, has agreed to buy laundry company Coinmach Service Corp for about US$713 million in its third US acquisition this year, Bloomberg News said. Babcock...

Babcock & Brown doubles stake in American malls

Business | Real estate
2007-5-17

BABCOCK & Brown Ltd, Australia's second-largest investment bank, has agreed to buy Gregory Greenfield & Associates Ltd to double its stakes in United States shopping malls. The purchase of the Atlanta-based company...

B&B nabs Alinta in biggest takeover

Business | Securities
2007-3-31

BABCOCK & Brown Ltd, Australia's second-largest securities firm, will clinch its biggest deal with the A$7.4 billion (US$6 billion) takeover of Alinta Ltd, defeating number-one competitor Macquarie Bank Ltd in the...

Investment bank also has sights on Alinta

Business | Banking
2007-1-22

BABCOCK & Brown Ltd, Australia's second-biggest investment bank, is considering a bid for Perth-based electricity and natural gas transmission company Alinta Ltd to rival a management buyout plan.

Aussie firm seeks Eircom expansion

Business | Asset management/M&A
2006-4-17

BABCOCK & Brown Ltd, Australia's second-largest investment bank, will seek to expand Eircom Group Plc's mobile phone and broadband Internet businesses if its 2.36 billion euro (US$2.86 billion) bid for Ireland's largest telephone company succeeds.

Australians top bid for port operator

Business | Shipping and ports
2005-12-12

BABCOCK and Brown Infrastructure Group, owner of Australia's second-biggest coal-export port, has offered to buy British port operator PD Ports Plc for 260 million pounds (US$456 million).