Denmark's Danske Bank buys Irish lenders for $1.92 billion

Article Abstract:

In a deal marking the second sizable European cross-border bank acquisition in 2004, Denmark's Danske Bank A/S has purchased National Irish Bank and Northern Bank both Irish subsidiaries of Australia's National Australia Bank Ltd. The acquisition is Danske's first foreign deal and is part of the bank's plan to focus on international expansion.

United States, Australia, Europe, Denmark, Foreign operations, Forecasts, trends, outlooks, Ireland, Management dynamics, Management, Forecasts and trends, International aspects, Bank mergers, Market trend/market analysis, Company business management, National Australia Bank Ltd., Danske Bank A/S, National Irish Bank Ltd., Northern Bank (Ireland) Ltd.

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UniCredit unit to acquire 85% of Kazakh bank ATF

Article Abstract:

Bank Austria Creditanstalt AG, a unit of Italy's UniCredit S.p.A., has agreed to purchase 85% of Kazakhstan's ATF Bank for $2.28 bil, along with a nominal capital increase. The move will enable UniCredit to reach Eastern and Central Europe's emerging economies.

Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Kazakhstan, Italy, Financial services industry, Switzerland, Unicredito Italiano S.p.A., Bank Austria Creditanstalt Schweiz AG

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