ING gets regulator approval to buy Turkey's Oyak Bank
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Dutch financial services group ING Groep NV  said on Friday that it has received regulatory approval for its acquisition of Turkey's Oyak Bank.
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A consortium led by Citigroup Inc.  has won final regulatory approval for its $3.1 billion purchase of 85.6 percent of Guangdong Development Bank (GDB), the China Banking Regulatory Commission said on Monday, paving the way for a restructuring of the troubled southern China lender.
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The Dutch banking and insurance group ING said it had reached an agreement in principle to sell its troubled German unit ING BHF-Bank to the German private bank Sal. Oppenheim.
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European regulators on Thursday approved the takeover of Spain's largest utility Endesa by Acciona and Italian utility Enel.
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American International Group Inc.   said on Friday that one of its units had received  approval from local Chinese regulators to provide group  insurance there, as the world&#039;s largest insurer makes a push to  boost its business in the world&#039;s most populous nation.
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The 242-year-old Baring name is to pass into American ownership after it was sold by the Dutch bank ING which rescued it from collapse nearly a decade ago.
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Australian property group Investa agrees to be bought by US investment giant Morgan Stanley for $3.9bn.
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In its second acquisition this week, Warren Buffettâs Berkshire Hathaway agreed to buy the NRG reinsurance unit of ING, the Dutch financial services company.
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The European Commission, executive arm of the European Union, on Wednesday cleared acquisition of Britain&#39;s sixth largest bank Abbey National by Spain&#39;s largest bank Banco Santander Central Hispano.
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Russian gas monopoly Gazprom gets government approval to make a bid for Yugansk, the main production arm of stricken oil firm Yukos.
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Russian gas monopoly Gazprom with the Ukrainian oil and gas company Naftogaz reached the agreement on Wednesday on investments interaction in the International Consortium for the management and development of ...
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MOSCOW  - Russia&#39;s anti-monopoly agency approved state oil company Rosneft&#39;s acquisition of the firm which won an auction for the embattled Yukos oil giant&#39;s core asset.
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Eight foreign banks have applied to become the first foreign institutions licensed to handle retail business in Chinese currency, the government said, as a WTO deadline for opening its banking market passed on Monday.
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NEW YORK, December 17  - A US bankruptcy court yesterday granted the beleaguered Russian oil giant, OAO Yukos Oil Co (YUSA.
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Russia's state-controlled gas giant Gazprom approved a plan to bid for Yukos' core production unit Wednesday amid reports that the company was negotiating to secure a &#36;13 billion loan from a group of Western banks to support its offer.
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An oil company controlled by the Russian government said that it had bought the company that had won Sunday's auction for the largest subsidiary of Yukos.
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Denmark&#39;s biggest financial group, Danske Bank, has agreed to purchase Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from National Australia Bank for Â£967 million.