(Reuters) - The Australian stock exchange operator ASX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for mergers and acquisitions.The ASX’s decision to review its listing process came a day ahead of fibre-cement maker James Hardie (NYSE:JHX) saying it would hold a shareholder vote before making any decision to change its ASX listing status."Under ou ...
By Wayne ColeSYDNEY (Reuters) - Asian share markets and the dollar made a cautious start on Monday as confusion over U.S. trade policy showed little sign of easing, in a week packed with major economic data and mega-tech earnings.While U.S. President Donald Trump has claimed progress is being made on trade with China, and many other countries, actual evidence is lacking. Treasury Secretary Scott B ...
Investing.com-- Australia’s Alkane Resources Ltd (ASX:ALK) will acquire Canada’s Mandalay Resources Corp (TSX:MND) in an all-share deal, to create a diversified mid-tier gold and antimony producer with operations in Australia and Sweden, the companies said on Monday.Under the agreement, Alkane will issue 7.875 of its shares for each Mandalay share, giving Mandalay shareholders about 55% owne ...
TOKYO (Reuters) -Shares of Toyota Industries (OTC:TYIDF) were set to surge on Monday after Japanese automaker Toyota (NYSE:TM) said over the weekend it was exploring the possibility of investing in a potential buyout of the key parts supplier.Toyota Industries shares remained untraded with a glut of buy orders on Monday. The bid and ask indicated that their price was poised to hit the daily uppe ...