Motoring club sell-offs yield profit for Suncorp

Motoring club sell-offs yield profit for Suncorp – The Australian

Written: Business - Google News 16/7/2010

Motoring club sell-offs yield profit for Suncorp
The Australian
SUNCORP will reap a $110 million-$125m after-tax profit from selling 50 per cent stakes in two motoring clubs to joint venture partners. The insurer said yesterday that its half-shares in the Royal Automobile Association of South Australia and the ...
Suncorp joint venture sell-off to deliver profit windfallSydney Morning Herald
Suncorp earnings boost from joint venture salesBanking Day (registration)
Suncorp's stakes worth $348mSky News Australia

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