Stocks of interest at the close of trade on the ASX on Wednesday, December 12:
SHL – SONIC HEALTHCARE – unchanged at $21.39
Sonic Healthcare is acquiring US pathology services firm Aurora Diagnostics in a $A750 million ($US540 million) deal it says will create one of the largest pathologist groups in the world.
TME – TRADE ME GROUP – up 27 cents, or 4.6 per cent, to $6.09
Dual-listed on the ASX and NZX company Trade Me, New Zealand’s largest online marketplace, is set to be bought by a British private equity firm for $NZ2.56 billion ($A2.44 billion).
WBC – WESTPAC BANK – up 41 cents, or 1.6 per cent, to $25.47
Westpac shareholders handed the bank a first strike on executive pay in protest over bonus cuts they say did not go far enough.
VAH – VIRGIN AUSTRALIA – unchanged at 18.5 cents
Virgin Australia has appointed former defence chief Sir Angus Houston to the airline’s board.
VTG – VITA GROUP – down two cents, or 1.9 per cent, to $1.05
TLS – TELSTRA – down four cents, or 1.3 per cent, to $3.03
Vita Group has extended its deal to run Telstra-branded stores by another year.
Meanwhile, The consumer watchdog has launched a new public inquiry into the conditions under which rival telcos use Telstra’s existing copper network.