Cobra criticizes Commerzbank over strategy

Article Abstract:

Cobra criticized Commerzbank AG's strategy of trying to establish a big cross-shareholding with Southern European allies. Commerzbank was criticized for lobbying Italian insurer Assicurazioni Generali SpA to increase its share of Commerzbank to 10%.

Russia, Commerzbank AG, Cobra (Germany)

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Three financial firms plan takeovers; Amvescap, ABN Amro and Allianz target fund managers

Article Abstract:

Three financial services companies have announced plans for acquisitions in the U.K. and the U.S. Amvescap will acquire Perpetual PLC of Britain for about 1 billion pounds. ABN Amro will pay $825 million for Allegheny Asset Management of the U.S. Allianz AG will acquire Nicholas-Applegate Capital Management for a base payment of $980 million.

United Kingdom, United States, Netherlands, Investment advice, Investment Advisory Services, Statistical Data Included, Financial services industry, Financial services, Investment advisers, ABN AMRO Bank N.V., Allianz Aktiengesellschaft Holding, Nicholas-Applegate Capital Management, AMVESCAP PLC, Perpetual PLC, AVZ, Allegheny Asset Management

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Italy's IMI weighs counteroffer

Article Abstract:

San Paolo-IMI is considering submitting a counteroffer for Istituto Nazionale delle Assicurazioni SpA (INA). San Paolo is attempting to prevent a hostile takeover of INA by Assicurazioni Generali SpA.

San Paolo-IMI S.p.A., Istituto Nazionale delle Assicurazioni

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