Aegon widens shareholder rights

Article Abstract:

Insurance company Aegon N.V. has granted its ordinary stockholders additional rights. The company however, has not completely surrendered its mechanisms to prevent a hostile acquisition attempt.

Insurance industry, Investor relations, AEGON N.V.

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Philip Morris unit to acquire 75% of Greek tobacco seller

Article Abstract:

Philip Morris Holland B.V. has reached a deal to acquire a majority share of Greek tobacco firm Papastratos. The deal for 75% of Papastratos is valued at 18.15 euros per share.

Greece, Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Tobacco industry, Philip Morris Holland B.V., Papastratos Cigarette Manufacturing Company S.A.

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Sales in first quarter fell 11%; cost-cutting to be stepped up

Article Abstract:

Hagemeyer N.V. posted a decline of 11% in its 2003 first quarter sales. The company also said it would accelerate its cost-cutting measures.

Sales, profits & dividends, Finance, Company sales and earnings, Electronics wholesalers, Company earnings/profit, Company financing, Hagemeyer N.V.

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