HSBC sells Laiki stake to Marfin

HSBC Holdings plc said Thursday that it has reached agreement for the sale of its 21.16% shareholding in The Cyprus Popular Bank Public Company Limited, for a consideration of approximately USD 235

LTV prepares for dual listing

Book-building to decide on price Actual listing in Q1 2006 Subscriber channel Lumiere TV Public Co. Ltd. is awaiting word from the SEC paving the way for its simultaneous dual listing on

M&As hit CYP 106 mln in 2005

Greeks continue to snap up Cyprus companies Mergers and acquisitions (M&As) in Cyprus climbed 23% year-on-year during 2005 to CYP 106.39 mln compared to CYP 86.39 mln in 2004, as Greek investors

Low hopes for Cyprus breakthrough in 2006

“Greek Cypriot PR machine is failing” Elections in Cyprus in 2006 and in Turkey in 2007, a feeling on both sides that too many concessions have already been given, a political culture

Russian money transfer arrives in Cyprus

Unistream, a Moscow-based money transfer company, has applied to the Central Bank of Cyprus to obtain a license to operate a money transfer business on the island. The new company, Unistream Cyprus,