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Egypt's Beltone says agrees to merge with Pioneers
- 3 Hours ago
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CAIRO, Nov 8 (Reuters) - Egypt investment bank Beltone Financial said on Sunday it had agreed to merge with Pioneers Holding. 'The board of directors of Beltone Financial agreed to merge with Pioneers
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KDB Financial eyes takeover of foreign bank
- 69 Minutes ago
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'KDB Financial is interested in the Asian market and currently watching two or three banks around Southeast Asia,' Chairman Min Euoo-sung told Yonhap News Agency. 'KDB Financial is basically more interested
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Kraft to table new £12bn bid for Cadbury
- 3 Hours ago
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Kraft to table new £12bn bid for Cadbury Mark Foxwell and Sarah Bridge, Financial Mail 7 November 2009, 8:44pm Kraft, the American food giant, is on Monday expected to table a takeover bid for Cadbury,
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North Dakota bank to take over failed Minnesota bank
- 6 Hours ago
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Prosperan Bank, Oakdale, Minnesota, was closed Friday by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. Prosperan Bank was one of five
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UPDATE 2-Egypt's Pioneers to buy Beltone Financial
- 55 Minutes ago
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Pioneers said it would issue 100 million new shares at a yet to be determined price representing Beltone's total value and giving Beltone shareholders a 17 percent stake in the merged company. 'The board
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Lanka buying gold in bid to diversify reserves
- 76 Minutes ago
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Colombo: Sri Lanka's Central Bank yesterday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious
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FCC approves AT&T's bid for Centennial: sources
- 75 Minutes ago
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WASHINGTON (Reuters) - The U.S. Federal Communications Commission approved AT&T Inc's T.N $944 million bid to buy Centennial Communications Corp CYCL.O, two sources familiar with the decision said on
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A fed takeover by any other name...
- 2 Hours ago
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President Obama has gone to great pains to deny that his proposed health-care reform is a government takeover of the health-care system. "Nothing could be further from the truth," he has said. Yet it's
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Mittal's daughter-in-law to buy Escada
- 6 Hours ago
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Megha Mittal, daughter-in-law of India-born billionaire Lakshmi Mittal, will buy insolvent Escada, an iconic European luxury fashion house, for an undisclosed amount. Megha Mittal on Friday confirmed
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Central Bank of Kansas City to take over St Louis bank
- 6 Hours ago
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Gateway Bank of St. Louis, St. Louis, Missouri, was closed Friday by the Missouri Division of Finance, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors,
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Did India sell US Treasury bills to buy IMF gold?
- 6 Hours ago
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Related Stories Check Services MUMBAI (Commodity Online): With the Indian central bank Reserve bank of India buying 200 tonnes of IMF gold at $6.7 billion, speculation is rife that the bank
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CF Industries Rejects Agrium's Latest Bid - Update
- 30 Minutes ago
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(RTTNews) - Extending the long drawn-out acquisition battle, fertilizer maker CF Industries Holdings, Inc. (CF) Friday said its board of directors rejected agricultural nutrients maker Agrium Inc.'s (AGU,
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Czech anti-monopoly office approves Opatovice takeover
- 10 Hours ago
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(Argus) The Czech office for the protection of competition UOHS has approved the purchase of the 363MW Opatovice coal-fired power plant by Czech-Slovak investment group J&T. Libu Investments, a subsidiary
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Moldova to buy anti-flu drugs from Switzerland
- 10 Hours ago
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The Moldovan government has decided to purchase 500,000 dozes of antiviral medicines, worth 40m lei (3.5m US dollars), from Switzerland. Prime Minister Vlad Filat said that the number of doses to be purchased
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United Commercial Bank to Reopen Under East West Flag
- 3 Hours ago
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Former United Commercial Bank branches reopened Saturday as East West Bank branches in a move that will make East West the second-largest independent bank headquartered in the state, officials said. The
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UCB deposits 'safe' after takeover
- 13 Hours ago
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Customers of US lender United Commercial Bank have been assured it will be business as usual at its Hong Kong branch following the bank's takeover by East West Bancorp yesterday. A spokeswoman for the
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