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UPDATE 1-Crown Castle to sell Australian unit for A$2 bln

2015-05-15 01:41:48| IT Services - Topix.net

Telecommunications tower operator Crown Castle International Corp said it would sell its Australian unit for about A$2 billion in cash to a group of investors led by Macquarie Infrastructure and Real Assets. Crown Castle owns a 77.6 percent stake in the unit - Crown Castle Australia - which claims to be the largest independent tower operator in Australia with a portfolio of about 1,800 sites.

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Bjrn Lomborg's proposed Australian research centre sparks row

2015-05-13 17:18:00| Climate Ark Climate Change & Global Warming Newsfeed

New Scientist: As climate-related rows go, it has created its fair share of heat. The Australian government and a major university have come under fire for backing a proposed research centre to be run by the controversial Bj¸rn Lomborg. He has argued that the threat from global warming is overblown and money spent in fighting it largely wasted. "Politically, Lomborg's reductionist approach can serve to expand the spectrum of what is acceptable to put forward in the public debate," says Frank Jotzo, a climate...

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No slowdown yet for Australian beef exports as Aussie cowherd looks to rebuild

2015-05-07 17:24:00| Beef

By Joe Schuele, USMEF In spite of forecasts to the contrary, Australian beef exports to the U.S. have continued on a record pace so far this year. But will rain in the island nation put a stop to all that? read more

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No slowdown yet for Australian beef exports as Aussie cowherd looks to rebuild

2015-05-07 17:24:00| Beef

By Joe Schuele, USMEF In spite of forecasts to the contrary, Australian beef exports to the U.S. have continued on a record pace so far this year. But will rain in the island nation put a stop to all that? read more

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Wesfarmers offers $300m unsecured Australian bonds

2015-05-06 05:48:23| Automakers - Topix.net

Wesfarmers, owner of Australia's Coles supermarket chain, is offering its first unsecured domestic bond in more than two years. The conglomerate with businesses including retailers, coal mining and insurance, is marketing $300 million of 5 1/2-year fixed-rate bonds at a yield of about 0.95 percentage point more than the swap rate, according to an e- mailed statement from joint sale manager Commonwealth Bank of Australia.

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