Poles Line Up to Buy Bank Shares
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Poles lined up Sunday for a chance to buy shares in their largest bank, with volunteers using a waiting list system from communist times to impose order on the crush of interested investors on the eve of signup ...
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US investment bank Lehman Brothers has offered to pay up to 800 million pounds (1.15 billion euros, 1.43 billion dollars) to buy British bankers Cazenove, the Financial Times reports.
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The move by the consortium of banks, which is led by the Royal Bank of Scotland Group, is intended to help it prevail in a bidding war with Barclays.
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Zimbabwe's government preparing to take majority shares in all foreign-owned companies.
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BRATISLAVA- The National Bank of Slovakia this afternoon intervened against the firming crown and at 3:15 p.m. as the unit reached a record Sk38.50/EUR, started to sell crowns and buy foreign currency, sending ...
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Investors are piling into the shares of the London exchange hoping that NasdaqÂs pursuit of the exchange will lead to a rich buyout.
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Poles signed waiting lists for a chance to buy shares in their largest bank, using a signup system from communist times to impose order on the crush of interested investors.
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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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Â· Demonstration against Murdoch takeover plans  Â· Mogul and paper's owners reach deal on safeguards
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Komercni banka (KB) (Prague, Czech Republic), bank, will hold a 100% stake in the building society Modra pyramida (MP) (Czech Republic). KB will buy a 10% stake from Ceska pojistovna (Czech Republic) for EUR 24 mil, about CEK 677 mil.
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The German telecommunications operator Deutsche Telekom wants to gain control of Poland's leading mobile phone operator PTC through an option to buy shares held by the Polish electricity and telecoms group Elektrim, it said.
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JPMorgan is said to be arranging an auction.
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The buyout for the ice manufacturer is on the rocks.
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Shareholders in South Africa's biggest banking group Standard Bank agree to sell a 10% stake to black investors.
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Bidding begins in an auction for a 7.6% government-held stake in Russian oil giant Lukoil.
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A cadre of buyout shops are expected to try to raise a total of &#36;45 billion for new European funds in the next year and a half.
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Oil and gas company MOL Rt, said it expects its stock to start trading on the Warsaw Stock Exchange this month after clearance by Poland's market regulator.