Cross-border Baltic bank takeover is agreed
Article Abstract:
AS Hansabank has reached a deal to acquire a majority share of Lietuvous Taupomasis Bankas AB from the government of Lithuania. The deal for 90.7% of the bank is valued at 150 million litas (42 million euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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SEB and Swedbank abandon plan to merge
Article Abstract:
Skandinaviska Enskilda Banken AB's (SEB) planned merger with FoereningsSparbanken AB (Swedbank) has been terminated. The plan was opposed by European Union antitrust regulators.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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GIB, Saudi International Bank agree to merge but terms are undisclosed
Article Abstract:
Gulf International Bank (GIB) and Saudi International Bank (SIB) have agreed in principle to merge. The terms were not disclosed. GIB said the transaction should be finished by the first quarter of 1999, and it is subject to regulatory approvals. The enhanced GIB will have over $14 billion in assets and customer relationships in international markets and throughout the Gulf. The merger will create a foothold in the Bahrain banking industry for SIB.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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