Portugal's BPI urges its holders to shun BCP bid

Article Abstract:

Banco BPI S.A. of Portugal has received a merger bid from Banco Comercial Portugues S.A. of Portugal for 4.33 billion Euros ($5.24 billion). Banco BPI S.A. Chairman Artur Santos Silva is urging shareholders not to accept the bid saying the bank has a poor record of integrating companies it takes over.

Commercial Banks, Banking industry, Banco Comercial Portugues S.A., Banco BPI S.A.

---

Saab to pay $521 million for Ericsson defense unit

Article Abstract:

Telefon AB L.M. Ericsson of Sweden is to divest Ericsson Microwave Systems AB to Saab AB also of Sweden for 3.8 billion Kronor ($521 million). The deal is a divestment of defense industry units. Ericsson Microwave Systems AB provides command, radar and control systems.

Sweden, Guided Missiles, Space Vehicles, Parts, Aerospace industry, Saab AB, Ericsson Microwave Systems AB, Company overview

---

Investors pick Portugal's bonds over Austria's

Article Abstract:

Most European investors prefer Portugese bonds to Austrian. Such attitude is explained by the fact that Portugal's credit is improving, while Austrian stays on the same level. Portugal intends to borrow 10 billion Euros this year, which is 3 billion less than in 1999.

Austria, Government Bonds, Statistical Data Included, Europe, Brief Article, Beliefs, opinions and attitudes, Bonds, Bonds (Securities), Investors

Similar abstracts:

• Abstracts: New research raises hope for treatment of asthma. Sanofi-Aventis profit rises on strong vaccine sales. Sanofi pulls out ahead of Chiron on bird-flu drug
• Abstracts: Analysts leave Deutsche Bank to join CSFB. Norway's Elopak, CVC launch hostile bid for Swiss packager SIG. Central Bank raises rate and signals more to come
• Abstracts: Sri Lanka's tigers on the prowl. Sri Lanka's Tigers grow wings. Vietnam's last call for bribes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.