Sectors
Erste Group Bank Can Repay Bailout Funds Received
Erste Group Bank has confirmed the ability to pay off state bailout funds but did not provide a schedule for the same.
Telus Corp Purchases Mobilicity
Telus Corp buys Mobilicity for the hefty sum of Can$380 million or US$370 million. One of the largest wireless phone companies in Canada, Telus Corp, announced Thursday that it would purchasing Mobilicity for the cost of Can$380 million or US$370 million.
Novartis Confirm No Intent To Bid For Actavis
Novartis, through its spokesperson, reiterates its statement that it is not interested in bidding for Actavis.
Gagfah to refinance in order to fund projects
Gagfah is refinancing maturing loans to free up funds for renovations and/or acquisitions. Gagfah, the real estate group from Germany, said that it could increase its capital funding in order to finance renovations for the 145,000 flats currently in its portfolio.