BNET Business Dictionary

Business Definition for: Entitlement Offer

  • an offer that cannot be transferred to anyone else

Additional Resources

Macquarie ProLogis Trust to raise A$196.5 million in priority entitlement offer.
Feb 16, 2003 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Macquarie ProLogis Management is raising $A196.5 million via a priority entitlement offer. Proceeds will go toward its acquisition of US industrial properties. Th Feb 16, 2003 (The Australian Financial Markets Newsletter...
Tags: ProLogis
Research articles 2003-02-17
ING Industrial Fund to raise $700m
By a staff reporter, with AAP ING Industrial Fund IIF says it will undertake a deeply discounted $700 million fully underwritten capital raising to repay debt and boost its balance sheet, and has forecast a 2011 net operating income per unit of 4.17 cents. Chief executive Paul Toussaint said the...
Tags: ING Group, debt, capital management initiative, Capital Management, portfolio acquisition, Capital Management Initiative
News items 2009-10-27
ING Industrial Fund Out to Raise $700m
ING Industrial Fund IIF plans to raise $700 million from the sale of new units and use the proceeds to repay debt and strengthen its balance sheet.The fund, which invests in industrial properties in Australia, Canada and Europe, said the new units will be offered at 48 cents each.The...
Tags: Asset, Acquisition, Financial, Entitlement, ING Group, Asset Management, Balance Sheets, Mergers & Acquisitions, Corporate Law, Financial Accounting, Operational Planning, Business Operations, Financial Statements, Finance, Investment, AAP
News items 2009-10-27
ING Industrial Fund Out to Raise $700m
ING Industrial Fund IIF plans to raise $700 million from the sale of new units and use the proceeds to repay debt and strengthen its balance sheet. The fund, which invests in industrial properties in Australia, Canada and Europe, said the new units will be offered at 48 cents each....
Tags: ING Group, Unit, Entitlement
News items 2009-10-27
Sea World duo back Warner, Village offer.
Jan 16, 2002 The Australian Financial Review ABIX via COMTEX -- Warner Bros and Village Roadshow have made an offer of $A0.90 per unit for the Sea World Property Trust. The offer has been recommended to shareholders by the trust's directors. The offer allows...
Tags: Village Roadshow Ltd., Warner Bros. Entertainment Inc.
Research articles 2002-01-15
Retail investors shy away from Centro.
Byline: Mathew Dunckley Apr 25, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Centro Retail Trust has successfully raised $A632 million to fund its purchase of the New Plan Excel Realty Trust. However, a public offer and the retail portion of the...
Tags: Centro Properties Group
Research articles 2007-04-25
Bank of Queensland to Raise $340m
Bank of Queensland Ltd BoQ plans to raise $340 million in new equity as it positions itself to take advantage of emerging growth opportunities. The fully underwritten offer of new shares includes a $143 million placement to institutions and its largest shareholder BRED Banque Populaire. It also includes a $197...
Tags: Bank, Placement, Bank of Queensland Ltd.
News items 2009-08-19
Transurban completes first stage of A$430 million hybrids (March 7 2003).
Mar 09, 2003 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Transurban Infrastructure Management has completed the institutional component of its $A430m convertible adjusting rate securities CARS offer. The BBB offer was jointly led by Macquarie Bank and Salomon Smith Barney. The...
Tags: Better Business Bureau, Macquarie Bank Ltd.
Research articles 2003-03-10
Macquarie Goodman sets out for $458 million.(Brief Article)
Apr 18, 2005 (Investor Weekly - ABIX via COMTEX) Macquarie Goodman has announced a one for 10 non-renounceable priority entitlement offer and public offer to raise $A458 million. The company will issue 126 million new securities at $A3.64 each. The proceeds will be used...
Tags: FINANCE, Investment, J.P. Morgan Chase & Co., UBS AG
Research articles 2005-04-18
Valad is in the money.
Byline: Robert Harley Jun 27, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Macquarie Bank, UBS and JP Morgan are handling Valad Property Group's non-renounceable entitlement offer and its upcoming retail offer. Over the three days to 28 June 2007, Valad has...
Tags: asset, entitlement, FINANCE, Investment, J.P. Morgan Chase & Co., Merrill Lynch & Co. Inc., UBS AG
Research articles 2007-06-27
P&H in $10m raising.
Nov 05, 2002 (The Courier-Mail - ABIX via COMTEX) Queensland-based farm supplies group P & H Rural, seeks to raise $A10m through the issue of new shares. The issue will help it fund its merger with logistics group Lindsay Bros Transport. It will consist ...
Tags: Amcor Ltd.
Research articles 2002-11-06
Westfield puts its hopes on $3bn issue.
Byline: Robert Harley and Paddy Manning Jun 13, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Westfield Group should be happy with the first day's response to its $A3 billion rights issue. Late on 12 June 2007 it announced an accelerated pro...
Tags: Westfield Group
Research articles 2007-06-13
Flight centre hitches UK ride on Britannic.
Mar 07, 2003 (The West Australian - ABIX via COMTEX) Australia's Flight Centre is paying $A122m for UK-based Britannic Travel. It is funding the purchase via an $A80m, one for 20 share entitlement offer. Investors, nervous about the profit potential for the travel industry...
Tags: entitlement, FINANCE, investor, U.K.
Research articles 2003-03-07
Warrant market gives birth.
Sep 30, 2002 (Shares - ABIX via COMTEX) UBS Warburg has released 26 new warrants on the Australian market. The highly-geared warrants cover a list of blue-chip stocks, based on the company's analysis of market demand. UBS Warburg now has 77 warrants on the...
Tags: SOFTWARE, UBS Warburg, warrant
Research articles 2002-09-30
Qantas capital raising.
M2 PRESSWIRE-21 August 2002-QANTAS AIRWAYS: Qantas capital raising C1994-2002 M2 COMMUNICATIONS LTD RDATE:08212002 Sydney -- Qantas today announced it intends to raise approximately $800 million of ordinary equity through an entitlement offer to existing shareholders to support its capital...
Tags: aircraft, Boeing Co., entitlement, Manufacturing, Qantas Airways Ltd.
Research articles 2002-08-21
Is Something Rotten at the Entitlement Corps?
The Brahmins of Calcutta and Washington both have their sacred cows, the poking of which is considered bad spiritual and political karma. In the latter capital's case, federal programs for the young or old are considered especially untouchable, leaving their detractors open to charges of plotting to toss society's most...
Tags: General Accounting Office, job, Washington
Research articles 1998-12-14
Chairman takes a flying punt.
Byline: Nina Wan Dec 12, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Several directors of Australian-listed companies were active in the sharemarket in early December 2006. David Coe, the chairman of Allco Finance Group, has taken advantage of an institutional...
Tags: Suncorp-Metway Ltd.
Research articles 2006-12-12
Centro shares dip on demerger.
Jul 12, 2005 (The Australian - ABIX via COMTEX) The share price of Australian property group, Centro Properties Group, fell after a restructure. The shopping centre owner demerged a new vehicle, Centro Retail Group, which will list on the Australian Stock Exchange in August...
Tags: Australian Stock Exchange Ltd., Centro Properties Group
Research articles 2005-07-12
Foodland hits $20 in return to boards.
Jun 18, 2002 The West Australian ABIX via COMTEX -- Stocks in Western Australian retailer Foodland Associated hit $A20 after it returned to trading on 18 June 2002. Foodland shares were suspended while a capital raising, to help fund the acquisition of New Zealand's...
Tags: Foodland Associated Ltd., Woolworths
Research articles 2002-06-18
Little to regret about WorleyParsons' Colt.
Byline: Nina Wan Feb 14, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian engineering company, WorleyParsons, will benefit from its acquisition of Colt Companies. It paid $A1.13 billion for the design and project services group. The purchase will give WorleyParsons greater...
Tags: WorleyParsons Ltd.
Research articles 2007-02-14
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