Trustmetal se muera/

Article Abstract:

TrustCapital Partners (the future name of Trustmetal) should reach some BFr 10bn in capital. The industrial investment company should increase its capital by over BFr 2.5bn in the next few months. The company's parent company, the Belgian holding Koceram, is expected to transfer some of its industrial assets into TrustCapital. These include Vitalo, a plastic producer, and Lamitref which produces aluminium and copper. Today, TrustCapital holds 16% of Soci t Belge des B tons and 30% of Hallex-Metalunion, active in the metallurgy trade business. TrustCapital also has non-industrial stakes including one worth BFr 50mn in the Flanders Language Valley (FLV) and 3.7% of the US firm Speech Systems. The non-industrial operations are performed and held by TrustCapital Technologies, a subsidiary of TrustCapital Partners. The parent company Koceram, is the reference holding of Koramic Building Products .

Comment:

Should increase its capital by over BFr2.5 bil in the next few months.

Belgium, Capital funds & cash flow, TrustCapital Partners

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Le groupe Safmarine reprend tout SCL

Article Abstract:

CMB keeps its stakes in the Portuguese shipping company Transinsular and in AMI and its African network. On the other hand, the Belgian shipping group is selling its 51% stake in CMBTI (CMBT Investments) to its South African partner, Safmarine. The operation, which takes effect as from 1 July 1998, allows Safmarine to take 100% of SCL (Safmarine CMBT Lines). A unique shareholder is a better system (especially as far as asset injection operations are concerned) in today's context where many mergers, alliances and other operations are taking place in the shipping business world-wide, CMB explains.

Comment:

Is selling 51% stake in CMBT Investments to South African partner, Safmarine

Asset sales & divestitures, South Africa, Deep Sea Foreign Transport, Deep Sea Freight Transportation, Marine transportation, CMBT Investments, Safmarine and Rennies Holding Ltd., CMB

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FLV Fund acquiert 18% du groupe canadien BCB

Article Abstract:

FLV Fund might double its share in the capital of BCB Holdings, the Canadian company, to 35% which would represent an investment of BFr 235mn. The Belgian investment fund dedicated to the language technologies, worth US$ 34.5mn with stakes in 13 companies, has just taken 18% of BCB Holdings, a Canadian company specialized in technology. The operation amounted to BFr 55mn. FLV Fund (Flanders Language Valley) is a Belgian company.

Comment:

May double share in capital of BCB Holdings, Canadian company, to 35% which will represent an investment of BF235 mil

Canada, FLV Fund

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