Spanish lender Ibercaja reached deal to buy smaller bank Caja 3. (Photo : Reuters)Spain's central bank made green signal to the private capitalisation plans of banks Popular (POP.
Europe
Ares Private Equity Group Welcomes Charles Steel
Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
Computacenter Announces Return of Investments to Shareholders
Computacenter is offering options to its shareholders for the return of investments, either through a class B share or a dividend amount.
Cardiff City FC to do IPO
Upon its ascension to the Premier League, Cardiff City is exploring an IPO for the club. Vincent Tan, the billionaire Malaysian, is in the planning stage of an initial public offer of shares of footbal club Cardiff City as early as this 2013.
Ibercaja to acquire Caja 3
Ibercaja has finalized an agreement to purchase Caja 3. Ibercaja, the mid sized Spanish financial institution, said on Thursday that it has settled an agreement to buy out Caja 3, a smaller Spanish bank.
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BTG is set to make two acquisitions to create interventional medicine business. (Photo : Reuters)Medical bills are culprit of more than 60 percent of U.
VTB, Russia's second largest bank, decides to sell its 10 percent stake in Soceite Generale's Russian unit Rosbank
FF&P returns funds and dividends to is investors, a rare occurrence in Russian corporate life. Garber Hannam & Partners together with Fleming Family & Partners disclosed the final distribution of dividends its the stockholders of FF&P Russia Real Estate Limited (RREL).
Spain is planning to sell 15 year syndicated debt in light of the low yields of previous issues. Spain, in a bid to increase its liquidity, is planning to issue a 15 year bond sale through chosen banks this year.
BEH sets meeting for possible investors for its Eur250 million bond issue. Reuters reported that the biggest energy holdings firm of Bulgaria, BEH, will be sitting down with possible investors in its EUR250 million or US$321.
Volksbanken Leasing is to be sold off in compliance with European Commission provisions in its bailout agreement with RZB.
BlackRock purchases real estate investment firm MGPA. In an announcement, BlackRock Inc said that it would be purchasing MGPA, the real estate investment firm in order to expand its real estate portfolio worldwide.
Cermaq fails to obtain the requisite number of shareholder votes to approve the takeover bid for Copeinca.
El Corte Ingles now seeking restructuring its debt and other obligations. The largest department store chain in Europe, El Corte Ingles SA, has engaged the services of Morgan Stanley to assist in the drafting of a restructuring plan for its Eur5 billion debt.
