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Norway sells Christiania Bank

Article Abstract:

Norway has sold 16% of Christiania Bank for $348 million. The sale involved 90 million shares that were priced at $3.95 per share. The sale, which occurred during the Mar 8 to Mar 19, 1999, period, reduces Norway's stake in the company from 51% to 35%. Domestic retail and institutional investment interests bought most of the bank share offerings.

Publisher: Thomson Financial Inc.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1999

Organizational history, Norway, Banking industry, Finance, Christiania Bank

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Largest Polish trade sale

Article Abstract:

Przemyslowo-Handlowy, a bank in Krakow, has been selected as a strategic investor for the German bank Bayerische Hypo und Vereinsbank.

Publisher: Thomson Financial Inc.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1998

Strategy & planning, Germany, Poland, Management, Bayerische Hypo- und Vereinsbank AG

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Subjects list: Commercial banks

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