Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness.According to a written recommendation...
Lone Star confirmed on Tuesday that it has no intention in making an offer for Bank of Cyprus."Lone Star confirmed today that it does not intend to make an offer for Bank of Cyprus," it announced in...
Microgen Financial Systems (www.microgenfs.com) announces the successful acquisition of specialist software developer InfoScreen (Cyprus) Ltd. According to a statement, Microgen Financial Systems...
National Bank of Greece S.A. submitted a proposal to Alpha Bank S.A. for the merger of the two banks. According to an official announcement “NBG and Alpha entered into a non-disclosure, exclusivity...
Piraeus Bank announced on Thursday the cancellation of the acquisition agreement of 26.98% of Proton Bank. The announcement is as follows: Further to the announcement dated 13.10.2008 re the...
Aspis Holdings announced today its cooperation with Greek bank Proton Bank SA. The company announced that it has reached an agreement with the bank for the acquisition of 92.71% of Proton Insurance...
The Commission for the Protection of Competition declared the concentration of Vasiliko Cements Public Company Ltd and The Cyprus Cement Public Company Ltd as compatible with the requirements of the...
PrimeTel announced on Tuesday its intention to submit a public offer for the acquisition of up to 100% of the share capital of Spidernet with the issue of new titles. The proposed consideration...
SFS offers a premium of 20.7% from the last trading price for the acquisition of 100% of White Knight. According to the announcement, “the Board of Directors of SFS Group Public Company Limited...
After 15 months, Tsokkos decided to put an end to the scenarios according to which an institutional investor was interested in acquiring the Company. According to the announcement released to the...