Stelco board approves C$900 mln in financing
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Stelco Inc. (STEa.TO: Quote, Profile, Research) , Canada&#39;s largest steel company and a takeover target of Russia&#39;s OAO Severstal (CHMF.
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Santander Central Hispano has won permission from the European Commission to press ahead with its agreed 8.7 billion pound takeover of Abbey National.
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Spanish bank Banco Santander Central   Hispano SAN.MC will pay $651 million to buy a 90 percent   stake in U.S. auto financing company Drive Financial Services,   it said on Monday.
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GMP Capital Corp. (GMP.TO: Quote, Profile, Research) said on Wednesday it has no plans to make further bids to restructure Stelco Inc.
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Shareholders in Abbey National PLC voted overwhelmingly Thursday to approve the bank&#39;s acquisition by Santander Central Hispano of Spain.
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With its doorstep getting crowded with hopeful suitors, restructuring steel giant Stelco Inc. is keeping its options open despite the appeal of a $900-million financing package from Germany&#39;s Deutsche Bank.
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Enel SpA, Italy&#39;s biggest utility, will receive 1.9 billion euros ($2.3 billion) in investment compensation from the government and will raise additional cash from asset sales that will be used to boost dividends.
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U.S. Steel Corp  is to acquire  Stelco Inc  for about $1.1 billion to strengthen its  position as a supplier of flat-rolled steel products in North  America, the companies said.
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TORONTO (CP) - The steel market has been hotter than a blast furnace lately. So, too, are critics of Stelco Inc., who question whether the company should have been declared insolvent ahead of such strong market conditions.
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Il fondo aveva avanzato una proposta da 9,7 mld di sterline
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Shareholders of Spain's largest bank, Banco Santander Central (SCH), overwhelmingly approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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L'acquisto e' pari a 297 milioni di sterline
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Stelco Inc., a Canadian steelmaker, was granted an extension of its bankruptcy protection by an Ontario court to finish the process of selling its operations or raising enough money to make the company viable.
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Business & money: UK-based bank confirms Â£9bn from the governments of China and Singapore will help it finance an improved takeover offer for Dutch rival ABN Amro.
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United States Steel Corp. is buying the Canadian steel maker Stelco Inc. for about $1.1 billion in a move expected to bolster its position as a supplier to the North American automotive industry.
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Shareholders of Spain's largest bank, Banco Santander Central, approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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In Toronto story headlined &#39;Stelco loses contract to supply steel to GM-lawyer&#39;, please read in first paragraph...General Motors Corp...instead of General Motors Inc. Corrects company title. TORONTO, Nov 22  - Stelco Inc.