Dutch cable company Ziggo had rejected the preliminary takeover offer from Liberty Global Plc saying that the bid was inadequate, reported Bloomberg.
Netherlands
Rabobank pays hefty price after scandal
After thirty of its employees got involved in the manipulation of interest rates, Rabobank had paid a combined EUR774 million in fines.
ING to exit from mortgage securities for EUR400 million profit
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
Underwriters buy more ING US shares worth USD 146 million
Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.
ING US Inc sale raises USD 974 million for parent ING Groep
ING Groep raised USD 974 million from selling its New York-based US insurance business. Amsterdam-based financial services firm ING Groep was able to gather USD 974 million or EUR 706 million from the sale of its US business.
Latest News
According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.
Dutch software company Unit4 shares increased after it announced that private equity firms had approached with a EUR 35 per share buyout offer.
