Today's ASX Sharemarket News
NIB Holdings & Cigna Corporation (NYSE:CI) in Data Science JV
Australian health insurer NIB Holdings Ltd (ASX: NHF) today announced it will team up with the USA’s Cigna Corporation as part of a big data joint venture.
Altium (ASX:ALU) Gives FY20 Guidance At AGM, Predicts More Growth
Altium (ASX:ALU) is holding its AGM today, as part of the proceedings it gave guidance for FY20.
Newcrest (NCM) Ups Stake In Lundin Gold For $79.6m
Newcrest Mining Ltd (ASX:NCM) today announced it has acquired an additional 10.98 million shares in Lundin Gold Inc from Canada’s Kinross Gold Corporation (TSE: K) for $C79.6 million ($88 million).
Pioneer Credit (ASX:PNC) Enters Scheme With Carlyle Group’s Robin BidCo
Struggling lending business Pioneer Credit Ltd (ASX: PNC) will likely be thrown a lifeline from entities associated with US-based The Carlyle Group (NYSE: CG).
TPG Telecom Targets FY20 EBITDA of $750m as Vodafone Decision Looms
TPG Telecom Ltd (ASX: TPM) capped off a tough year featuring NBN impacts and regulatory hurdles to achieve a “respectable” result, according to TPG CEO David Teoh.
EML Payments Cashes in Shares Ahead of European Takeover
Australian payments and reloadable card provider EML Payments Ltd (ASX:EML) today confirmed the successful completion of a $93 million retail capital raising.
Rio Tinto (ASX:RIO) Invests $1.5 Billion For Kennecott Copper Production
Rio Tinto (ASX:RIO) has announced that it’s going to invest $1.5 billion to continue production at Kennecott copper to 2032.