Cyprus Trading Corporation Plc announced that as a result of the Public Offer for the acquisition of shares of Woolworth (Cyprus) Properties Plc, it acquired 39,064,000 shares of Woolworth (34.08%) according to the valid Acceptance Forms submitted. This percentage, together with 13.04% (14,949,260 shares) acquired via an off-floor transaction on 19.9.07 from associated persons and
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Christakis Petsas, Michael Petsas and Mrs. Irene Kalli have decided irrevocably to submit a Public Offer to all remaining shareholders of Andreas Petsas & Sons Public Company Ltd for the acquisition of up to 100% of the issued share capital of the Company. The Offerors are major shareholders and hold directly 71.44% and indirectly 74.94%
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The Troodos region situated in Mount Olympus in Cyprus has been nominated as one of the top ten best European rural tourist destinations. A relaxing break away from cosmopolitan coastal resorts Troodos has five distinct regions, grouped around Mount Olympus. The area offers an abundance of things to do and see: walking or cycling through
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In its annual report on Tunisia, Moody’s Investors Service said the growing strength and stability of the Tunisian economy has been a key factor underpinning the Baa2 government bond rating and stable outlook. The bond rating and Moody’s assessment of a low risk of a payments moratorium in the event of a government bond default
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On 10 July 2007, the conversion rate between the Cyprus pound and the euro was irrevocably set by the Council of the EU at EUR1=CYP0,585274. This rate will come into effect on 1 January 2008 when the euro becomes the official currency of Cyprus. Until 31 December 2007, the Cyprus pound will continue to be
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France had the highest percentage of infected PCs this week, according to data from the Infected or Not website (http://www.infectedornot.com). Over 38% of protected computers (with an active and up-to-date security solution installed) and 55% of unprotected computers were infected in France. Spain is second on the list, with 32.41% of protected computers and 46.08%
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The South African corporate bond market has grown strongly in the past few years, both in terms of local issuance growth and high-yield issuance internationally, with three new issues coming to market in the first quarter of 2007 alone. While global liquidity pressures have put a temporary halt to new transactions, at least one more
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On November 23, George Hadjikyriacos, founder and director of Spectus Wine shops celebrates the tenth anniversary of opening his first store (I remember it well). He is doing this in some style, so get out your long frock and your DJs and book up. But George does a lot more than celebrate. He is passionately
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The European Union and the Russian Federation will be sharing information on drugs more systematically in future thanks to an accord signed Friday by the Lisbon-based EU drugs agency (EMCDDA) and the Federal Service of the Russian Federation for Narcotics Traffic and Control (FDCS). The Memorandum of Understanding (MoU) was signed in the margins of
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C.A. Papaellinas Trading Public Company Ltd announced the opening of a new Alfa Mega super market in Limassol, its fourth islandwide. The new super market is of 2000 sq. meters and has a parking place of 200 cars. It has all specialized departments, such as fruit market, fish market, meat market, bakery and delicatessen, as
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