News Archive
2009
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2000
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1999
Insurance Valuation News
Hold That Hype
Thursday April 20, 2000
THE NRMA is confident public listing of its insurance arm will proceed no matter what sharemarket conditions are but has vowed it will not `overhype' the shares. Barring more legal challenges and a court hearing next month, it is poised to put up a prospectus in May, ahead of listing on the AFloat To Go Ahead Come Rain Or Shine, Says Chief
Thursday April 20, 2000
The NRMA is confident the planned public listing of its insurance arm will proceed no matter what sharemarket conditions are, but has vowed it will not ``overhype" the shares. Barring further legal challenges a court hearing is set down for next month the NRMA is poised to release a prospNrma Shares May Rise
Wednesday April 19, 2000
Stockbrokers expect the value of NRMA shares to rise after they list in July should members vote today for the demutualisation of the insurance arm. The sharemarket hijinks of recent days are unlikely to directly affect NRMA members' shares, because NRMA Insurance is not slated to list on the AuPre-wedding Jitters Hit Nab, Lend Lease
Saturday April 8, 2000
Investor concerns about how much National Australia Bank would pay for Lend Lease's MLC life insurance and funds management arm, as well as what the seller would do with the estimated proceeds of up to $5 billion, saw shares in both companies drop yesterday. A formal announcement on a full sale o