Lone Star still stalking Bank of Cyprus

US private equity firm Lone Star is not giving up on buying Bank of Cyprus, with senior officials in Nicosia to negotiate with stakeholders. Despite seeing three cash offers rejected by the

Stock market capitalisation reaches €1.90 bln

The market capitalisation of shares traded on the Cyprus Stock Exchange reached €1.90 bln in July, according to the CSE monthly bulletin. Total market capitalisation, including the Bond Market, reached €3.37 bln,

SPACS: An art or a science?

By Dr Daniele D’Alvia Special Purpose Acquisition Companies (SPACs) are cash-shell firms set up, as their name indicates, with a special purpose: to conduct an acquisition. Their capital is raised via an