Allianz Increases Croatia Joint Venture Share
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Germany's Allianz Group announced that it has increased its stake in Croatian insurer Allianz Zagreb to 80 percent, by acquiring an additional 28 percent of the company's capital from its partner Zagrebacka ...
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The private-equity firm invests more than 10% of its assets in the latest quarter.
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The EU took a significant step towards its next wave of expansion, naming dates for Romania and Bulgaria to sign entry accords while agreeing an earlier-than-expected start for talks with Croatia.
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U.S.-listed tanker shipping group Teekay   TK.N said on Monday it increased its stake in Norwegian   offshore services group Petrojarl PETRO.OL to more than 40   percent and called a mandatory bid for the rest of its shares.
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The government of Tuzla Canton allowed the increase of ISPAT Holding's ownership share in the JVC Global ISPAT Coke Industry Lukavac (GIKIL), established in 2003.
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Shares of EasyJet Plc, Europe&#39;s second- biggest low-cost carrier, had their biggest percentage gain in more than 16 months after the Guardian reported that an Icelandic airline bought a 3 percent stake in the carrier.
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A consortium led by Pallinghurst Resources has raised its takeover offer for Australian mining firm Consolidated Minerals Ltd. , valuing it at A$642 million ($544 million) and winning the support of Consolidated's board.
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German drugmaker Merck MRCG.DE on   Thursday agreed to buy a 64.5 percent stake in rival Serono   SEO.VX in a surprise deal valued over 10 billion Swiss francs   ($8.3 billion), creating a new force in European   pharmaceuticals.
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TORONTO (CP) - Shares in car-parts maker ThyssenKrupp Budd Canada Inc. gained as much as 80 per cent Monday after its German-controlled parent presented an offer to buy out minority shareholders.
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Qatar has bought shares in Credit Suisse , and plans to spend as much as $15 billion on European and U.S. bank stocks during the next 12 months, Bloomberg News reported, citing the Qatari prime minister.
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Axa and Allianz both announce rising profits, boosted by fewer natural disasters and rising stock markets.
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Budget airline Ryanair Holdings PLC has raised its stake in Irish rival Aer Lingus Group PLC to 25.2 percent in a renewed push to take over the recently privatized carrier, Ryanair's broker confirmed Wednesday.
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Europe's biggest low-cost carrier, Ryanair, has revealed that it owns more than a quarter of Aer Lingus after increasing its stake in Ireland's former state airline by 6.0 percent.
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Germany's Allianz joined a growing list of insurance companies that are contributing to relief efforts in Southeast Asia.
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Alitalia's shares soared Tuesday as hopes increased that the struggling carrier and labor unions might clinch a deal on a relaunch plan aimed at saving the company before a deadline Wednesday.
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IBM Corp.&#39;s software division notched up its 18th acquisition in three years yesterday, announcing the purchase of content integration specialist Venetica Corp.
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Shares in Alitalia rose on Monday after staff agreed job and pay cuts last week to keep the beleaguered airline flying. The firm&#39;s chief executive was holding a final meeting with unions in Rome on Monday