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QBE Drops Bid for IAG

wsj.com
May 21, 2008
        
Story Timeline:  199 days

By Rebecca Thurlow and Bill Lindsay Word Count: 290 | Companies Featured in This Article: QBE Insurance Group, Insurance Australia Group SYDNEY, Australia -- QBE Insurance Group Ltd. withdrew its A$8.7 billion (US$8.34 billion) takeover proposal for Insurance Australia Group Ltd. after IAG... [read full story]                    

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[$$] QBE Drops Bid for IAG But Has Room to Reoffer (at The Wall Street Journal Online)

 yahoo.com May 21, 2008
First article on this story:

IAG to spurn new QBE offer

 ft.com May 19, 2008
Selected publications with coverage of this story:
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[$$] QBE Drops Bid for IAG But Has Room to Reoffer (at The Wall Street Journal Online)

yahoo.com
May 21, 2008
        

By Rebecca Thurlow and Bill Lindsay Word Count: 290 | Companies Featured in This Article: QBE Insurance Group, Insurance Australia Group SYDNEY, Australia -- QBE Insurance Group Ltd. withdrew its A$8.7 billion (US$8.34 billion) takeover proposal for Insurance Australia Group Ltd. after IAG...

IAG 'has questions to answer' over QBE knock-back

abc.net.au
May 21, 2008
        

Some analysts are expecting Insurance Australia Group's (IAG's) board to come under pressure to explain in depth why it rejected QBE's takeover offer. IAG has knocked back the $9 billion bid on the grounds it does not reflect the value of the company. QBE has now withdrawn the offer and says it...

                   

Australia's QBE drops 8.35 billion US takeover bid for IAG

yahoo.com
May 21, 2008
        

SYDNEY (AFP) - Australian-listed global insurance group QBE Insurance said Wednesday it had withdrawn an 8.7 billion (8.35 billion US) dollar takeover bid for Insurance Australia Group (IAG). QBE said its had dropped its merger proposal after the IAG board late Tuesday rejected a sweetened...

                   

Australia's QBE drops 8.35 billion US takeover bid for IAG (AFP)

yahoo.com
May 21, 2008
        

SYDNEY (AFP) - Australian-listed global insurance group QBE Insurance said Wednesday it had withdrawn an 8.7 billion (8.35 billion US) dollar takeover bid for Insurance Australia Group (IAG). QBE said its had dropped its merger proposal after the IAG board late Tuesday rejected a sweetened...

                   
afp.com: afp.com

Australia's QBE drops 8.35 billion US takeover bid for IAG

afp.com
May 21, 2008
        

Sydney's iconic Opera House with the city skyline behind where a massive insurance deal has fallen through SYDNEY (AFP) - Australian-listed global insurance group QBE Insurance said Wednesday it had withdrawn an 8.7 billion (8.35 billion US) dollar takeover bid for Insurance Australia Group...

Australia insurer IAG rejects A$8.7 bln QBE offer

yahoo.com
May 20, 2008
        

SYDNEY, May 20 (Reuters) - Insurance Australia Group (ASX: IAG.ax) on Tuesday rejected a takeover proposal by rival Australian insurer QBE Insurance Group Ltd (ASX: QBE.ax) , saying it was too low. QBE, Australia's top insurer by premium income, is offering A$8.7 billion ($8.2 billion) in cash...

Australia insurer IAG rejects A$8.7 bn QBE offer

indiatimes.com
May 20, 2008
        

SYDNEY: Australia Insurance Group said it cannot recommend a takeover proposal by fellow Australian insurer QBE Insurance Group Ltd, saying it was inadequate. QBE, Australia's top insurer by premium income, is offering A$8.7 billion ($8.2 billion) in cash and shares...

Australia insurer IAG rejects latest QBE offer

businessinsurance.com
May 20, 2008
        

SYDNEY, Australia (Reuters)—Australia Insurance Group on Tuesday rejected a takeover proposal by rival Australian insurer QBE Insurance Group Ltd., saying it was too low. Australia's top insurer by premium income, QBE is offering $8.7 billion Australian ($8.2 billion) in cash and shares for...

Australia insurer IAG rejects A & #36;8.7 bln QBE offer

yahoo.com
May 20, 2008
        

Australia insurer IAG rejects A$8.7 bln QBE offer (Adds IAG comment, details, background, closing share price) SYDNEY, May 20 (Reuters) - Australia Insurance Group (ASX: IAG.ax) on Tuesday rejected a takeover proposal by rival Australian insurer QBE Insurance Group Ltd (ASX: QBE.ax) , saying it...