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12° Nicosia,
10 May, 2024
 

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Displaying results 1-4 of 4 matches for query hostile takeover.

1. Urgent bill on back burner as Lone Star sleeps on it

https://knews.kathimerini.com.cy/en/news/urgent-bill-on-back-burner-after-lone-star-sleeps-on-it

The Cypriot parliament was in no hurry on Thursday to vote on an emergency bill that would have allowed the government to block a potential takeover of the island’s largest bank, after an American private equity fund said it would sleep on it at least until next year. ...

2. Crucial countdown as Cyprus moves to block Lone Star

https://knews.kathimerini.com.cy/en/news/crucial-countdown-as-cyprus-moves-to-block-lone-star

Private equity firm Lone Star has until Friday to submit a binding offer to buy the Bank of Cyprus, but the island’s largest financial institution could be out of reach as the House is expected one day earlier to vote on a bill that would authorize the government to block a hostile takeover on security grounds...

3. Cyprus scrambles to block hostile bank takeover

https://knews.kathimerini.com.cy/en/news/cyprus-scrambles-to-block-hostile-takeover-of-bank

The government in the Republic of Cyprus is racing against the clock to arm itself with legal tools to prevent a takeover of the country’s biggest bank by an American private equity firm, which has until next month to submit a final offer that some shareholders may find hard to resist...

4. German giant acquires Foody

https://knews.kathimerini.com.cy/en/business/german-giant-acquires-foody

Cypriot startup Foody has been acquired by a German food delivery giant in a friendly takeover reaching dozens of countries all over the world...

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