BNP Paribas posts strong results: CEO Prot says bank aims to return soon to acquisition trail
Article Abstract:
First-quarter net profit for BNP Paribas S.A. rose by 25% to reach 2.51 bil euros, with revenue growing by 21% to hit 8.21 bil euros. Chief Executive Officer Baudoin Prot has said that the integration of Italian bank Banca Nazionale del Lavoro, which BNP purchased a year ago, is proceeding smoothly.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Bank of Cyprus makes bid for Greece's Emporiki Bank
Article Abstract:
Bank of Cyprus is making overtures to acquire Emkporiki Bank of Greece S.A. for 3.8 billion Euros (approximately $4.81 billion). Bank of Cyprus is offering a share offer price equivalent to 28.56 Euros per share. The bank is trying to outbid rival Credit Agricole S.A. to purchase the Greek bank.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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