Commonwealth Bank sells stake in Visa for $278 million profit
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
Singapore startup Dropsuite is one step closer to listing on the ASX through a reverse takeover of resources company Excalibur Mining after raising the minimum subscription of $5 million.
This week ASX and ASIC have launched a new cyber health check for Australia’s top 100 listed companies. The voluntary survey, an initiative promised in the government’s $230 million cyber security strategy, aims to improve the cyber security defences of Australia’s largest companies.
Christchurch-born AgriTech startup CropLogic was named one of the most promising early stage ventures earlier this month at the annual Tech Investment 100 Awards (TN100 Awards), held in Auckland.
Sydney-based fintech startup zipMoney, described as ‘online lending meets the checkout’, listed on the Australian Securities Exchange (ASX) yesterday after raising $5 million in an oversubscribed reverse takeover of mineral exploration company Rubianna Resources.
Last year, startup Big Review TV experienced a fast-tracked and oversubscribed IPO, when it underwent a reverse takeover with publicly listed, struggling gold explorer, Republic Gold. The preparations for this started happening around October and on New Years Eve, the new company BIG UNLIMITED began trading on the ASX officially for the first time.
Rewardle raised $4 million through an oversubscribed Initial Public Offering; and at closing price, trades with a market capitalisation of more than $30 million.
Last night from New York, Moko Social Media Limited, one of the two companies we reported had previously approached Tagroom about an acquisition offer, announced that they had just signed a binding term sheet to acquire 80% of Tagroom.com.