Caisses d'Epargne closes deal on CFF

Article Abstract:

The Finance Ministry of France has selected Caisses d'Espargne to acquire a 90.6% share of Credit Foncier de France (CFF), a state-owned mortgage lender. Caisses will be acquiring CFF for 4.9 billion French francs (747 million euros). The CFF acquisition concludes the restructuring of the French public banking industry just a few weeks after the privatization of Credit Lyonnais SA.

Comment:

Caisses d'Espargne to acquire 90.6% share of Credit Foncier de France

Asset sales & divestitures, France, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, Mortgage banks, Credit Foncier de France S.A., Caisses d'Espargne

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Heineken, Carlsberg are risking headache in chasing U.K. rival

Article Abstract:

Dutch beer company Heineken N.V. and Denmark's Carlsberg Brewery Ltd. are investigating the possibility of purchasing the UK's Scottish and Newcastle Breweries PLC. Strategic financial and market goals are discussed.

Strategy & planning, Malt beverages, United Kingdom, Planning, Denmark, Netherlands, Company acquisition/merger, Brewing industry, Breweries, Scottish & Newcastle Breweries PLC, Heineken N.V., Company business planning, Carlsberg Brewery Ltd.

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