Dubai Capital buys EADS stake in latest overseas investment
Article Abstract:
A 3.12% stake in European Aeronautic Defense and Space Co. was purchased by Dubai international Capital L.L.C., becoming one of the aircraft firm's largest shareholders as well as one of its biggest customers. Although the price of the deal was not announced, the stake is valued at approximately $827 mil.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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KBC to purchase Russian bank
Article Abstract:
Belgium's KBC Bank N.V. will acquire a 92.5% stake in Russia's Absolut Bank in a deal valuing Absolut at $1.03 bil. KBC plans to increase Absolut's number of branches from 40 to 100, and will target asset management, mortgages, and retail.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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