Citygroup's GDB deal a real Chinese test
Article Abstract:
The New York-based Citigroup Inc. signed a deal to takeover struggling Guangdong Development Bank (GDB). The Citygroup will pay 24.27 billion yuan for 85.6 percent of GDB's share.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
Commercial Banks, China, Banking industry, Citigroup Inc., Guangdong Development Bank
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
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Power agrees to pay $3.9 billion for Putnam
Article Abstract:
The decision of Power Corporation of Canada to buy Putnam Investments' Marsh & McLennan Cos. unit for $3.9 billion is discussed.
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
INSURANCE CARRIERS, Canada, Insurance industry, Power Corporation of Canada, Marsh & McLennan Companies Inc.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
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Comment about this article or add new information about this topic:
Subjects list: United States, Mergers, acquisitions and divestments, Financial services industry, Financial services, Company acquisition/merger
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