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Article Abstract:

Deutsche Bank AG is attempting to sell Australia's Bankers Trust Funds Management for the second time, but potential bidders are now taking a closer look. Westpac walked away from buying both the funds manager and the investment bank of Bankers Trust Australia, but Westpac is in the running for the funds manager with ANZ Bank, National Australia Bank, and Principal Group. BT Funds Management is expected to sell for less than $2 billion. However, many financial consultants have put BT funds on "hold," meaning BT clients are likely to wait until the sale begins to start trading BT funds.

Commercial Banks, Commercial Banking, Germany, Financial Services, Finance and Insurance, Banking industry, Management, Mergers, acquisitions and divestments, Financial services industry, Deutsche Bank AG, DTBKY, Australia and New Zealand Banking Group Ltd., Bankers Trust Funds Management, National Australia Bank Ltd., Bankers Trust Australia Ltd., Westpac, Principal Group

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LI grows keen on Australia

Article Abstract:

Hong Kong based billionaire Li Ka-shing's CK Life Science is to invest 40 million $ in Australian Fertilizer Industry as it is set to built one of its seven fertilizer plants in Australia. CK Life science is thinking of locating a multimillion dollars Asia-Pacific research center in Australia.

Financial management, Hong Kong, Drugs, Agricultural Chemicals, Biotechnology industry, Biotechnology industries, Company investment, Investments, Fertilizer industry, CK Life Sciences

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Metal Storm to test US market

Article Abstract:

Metal Storm, the Australian weapons technology company, is planning on offering itself up on the US NASDAQ stock exchange. This strategy is the next natural step for the company.

Guided missiles and space vehicles, Guided Missile and Space Vehicle Manufacturing, Ballistic Missile Defense Systems, Securities, Aerospace industry, Guided missile industry, Ballistic missile defenses, Metal Storm

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