Credit Agricole, the French banking giant has improved its takeover bid offer price seeking minimum 40% control of Emporiki Bank of Greece to 25 euros per share from 23.5 euros previously. The
Piraeus Bank is reported to be seeking a way out of its 8.2% stake in the capital of Bank of Cyprus, acquired at a cost in excess of EUR 400 mln and
Russia and Gulf offset weak EU market Tourism arrivals recorded their second consecutive monthly fall in June, dropping by 0.9% year on year to 280,164, having fallen by 0.2% year on year
…revises full-yr profit target to CYP 160 mln Bank of Cyprus Pcl first half profit surged 172% year-on-year to CYP 85 mln, beating by a wide margin the estimates made by analysts
Computer and printer maker Hewlett-Packard said it will pay $4.5 bln to acquire Mercury Interactive, a software company enmeshed in a scandal over the backdating of stock options. The acquisition – at
Motorola has introduced seven new mobile devices that reset the standards for thin and narrow in mobile design. It also announced one acquisition and three agreements that will support the company’s commitment
Credit Agricole has become the only suitor left seeking control of Emporiki Bank of Greece after no other bids were submitted by the deadline of yesterday, a process which casts serious doubt
