SYDNEY, June 30 (Reuters) - Australian investment firm Babcock & Brown Ltd , hit by worries over high debt earlier this month, won a reprieve from its lenders, sending its shares up as much as 17 percent on Monday. Two-thirds of Babcock ...

Shares in Babcock & Brown plunged on Friday taking losses to over 50 per cent in two days on fears the Australian investment group would be forced into negotiations with bankers over debt repayments. In early afternoon trading on Friday the shares ...

SYDNEY -(Dow Jones)- Danish online investment and trading bank Saxo Bank A/S plans to acquire a 35% stake in troubled Australian broker Tricom Holdings Ltd. from investment firm Babcock & Brown Ltd. (BNB.AU) and Australia & New Zealand Banking Group ...

MELBOURNE, May 5 (Reuters) - Danish investment bank Saxo Bank AS said it has agreed a deal to take a 35 percent stake in troubled Australian stockbroker Tricom Holdings Ltd from Babcock & Brown Ltd (BNB.AX: Quote , Profile , Research ) and Australia ...

In a strategic move, Danish investment bank Saxo Bank A/S ("Saxo"), a global leader in on-line trading, has entered a Memorandum of Understanding with Tricom Holdings Limited ("Tricom"), Babcock & Brown and ANZ Group with a view to acquiring a 35 ...