“Ideal for merger, takeover in case of consolidation” Â Piraeus and Bank of Cyprus would be the most attractive takeover candidates in case of domestic consolidation in Greece, and based on their
P&K Research, a member of the National Bank of Greece, initiated coverage on Marfin Popular Bank with an overweight bias and a price target of EUR 12.30 per share compared to EUR
The Telekom Austria Group has agreed to acquire a 70% stake in Cypriot SB Telecom Limited held by Ead Samawi and his partners for a corresponding enterprise value of EUR 730 mln.
In the context of a soft landing and despite significant exposures in lending to construction and commercial real estate, Spanish banks rated by Moody’s are well positioned to withstand a slowdown, says
The overall outlook for rated Turkish banks remains stable-to-positive as they benefit from favourable profitability and franchise development dynamics, Moody’s Investors Service said in its new Banking System Outlook for Turkey. At
Nokia’s new partnerships with world-leading content brands brings a huge range of high-quality mobile videos into the hands of compatible Nokia Nseries device owners. The new partners are to join YouTube and
Radisson SAS Hotel, Dubai Media City has won the ACN Award 2007 in the hospitality sector, earning industry-wide recognition for its seamless adoption of Trapeze Networks’ Smart Mobile solutions. Radisson SAS commissioned
The rise in the number of Cyprus residents travelling abroad reached its second highest rate in August, recording an increase of 21.1%. On the basis of the results of the Passengers’ Survey,
The industrial output price index reached 128.3 (base 2000=100) in August, recording a rise of 3.6% compared with the same month of 2006 and 0.5% compared with July. For the period January-August
The takeover bid submitted by Cyprus Trading Corporation Pcl (CTC) for Woolworth Cyprus Properties (FWW) has been completed successfully after it was announced that CTC acquired 40.4 mln FWW shares corresponding to
