ABN Amro views Italy for growth

Article Abstract:

ABN Amro Holding NV is expected to acquire a 8.7% share of Banca di Roma. The acquisition price will be approximately $1 billion. Banca di Roma is one of the largest banks in Italy. The announcement of the acquisiton would follow KBC Bancassurance Holding Company's purchase of 7.7% of Credit Commercial de France. The moves reflect the leadership of the Benelux banks in cross-border expansion.

Comment:

ABN Amro to acquire a 8.7% share of Banca di Roma for approx $1 billion

Asset sales & divestitures, Acquisitions & mergers, Netherlands, Foreign operations, Mergers, acquisitions and divestments, Abstract, ABN AMRO Holding N.V., Banca di Roma

---

Mediobanca official resigns after rows

Article Abstract:

Italy-based Mediobanca SpA's head of investment banking resigned causing suspicion as to how the secretive merchant bank will continue to modernize.

Executive changes & profiles, Officials and employees

---

Mediobanca Posts 39% Growth In Annual Profit

Article Abstract:

Mediobanca SpA posted a profit for the year ending June 30, up 39% from 1999.

Sales, profits & dividends, Finance

Similar abstracts:

• Abstracts: From richer to poorer. Means and ends. Bidding war
• Abstracts: New Tokyo airport under review. New Bangkok International faces further uncertainty. Vancouver's winning ways
• Abstracts: Cap Gemini retreats from 2001 targets. Cap Gemini posts growth in revenue for first quarter. Cap Gemini expects windfall from acquisition
• Abstracts: Beer marketers blamed for AIDS spread in Cambodia. Cambodia's cigarette label war. Cambodia cigarette ads thrive
• Abstracts: J.C. Penney wises up to the ways of business; firm moves to central purchasing, better layout. Marks & Spencer plans to dress up its worn-out look

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