PrimeTel bids for Spidernet, reduces loss

Primetel Plc (PTL.CY) announced its intention to submit a Public Offer to shareholders of Spidernet Services Public Limited (SNET.CY) for the acquisition of up to 100% of the issued share capital of

Cyprus tax revenue up 0.3% by July

The Cyprus Inland Revenue Department (IRD) revenues for the period January – July 2008 increased by 0.3% YoY to EUR 1.0 bln. The marginal improvement is primarily attributed to higher revenues associated

Flagstone seeks to acquire Alliance Re

Alliance International Reinsurance Public Company Ltd (ALL.CY) announced that Flagstone Reassurance Suisse SA has announced its decision to submit a Public Offer for the acquisition of up to 100% of ALL’s issued

SFS to “Squeeze Out” White Knight minority

SFS Group Plc (SFS.CY) announced that following the acquisition of 90.07% of White Knight Holdings Public Company Ltd (WKH.CY) share capital, the Company has decided to proceed with a squeeze out (within

Cypriot Olympic athletes return home

Cypriot Olympic athletes George Achilleos and Kyriacos Ioannou returned to Cyprus from Beijing, where they had participated in the Olympic Games. George Achilleos, who secured the fifth position in shooting skeet, said