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12° Nicosia,
27 February, 2020
 

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Displaying results 1-20 of 20 matches for query takeover.

1. How Russian uncapitalism works

https://knews.kathimerini.com.cy/en/business/how-russian-uncapitalism-works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

2. 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...

3. The secret for a successful business reorganization

https://knews.kathimerini.com.cy/en/news/the-secret-for-a-successful-business-reorganization

In the business universe, there are two available structures for organizations to emerge, organically and externally through mergers and acquisitions...

4. Demetra Investment acquires 16% stake in Lordos Hotels

https://knews.kathimerini.com.cy/en/business/demetra-investment-acquires-16-stake-in-lordos-hotels

5. Over a thousand employees choose Co-Op buyout

https://knews.kathimerini.com.cy/en/news/over-a-thousand-employees-choose-co-op-buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

6. Unions okay with CCB severance package

https://knews.kathimerini.com.cy/en/business/unions-okay-with-ccb-severance-package

Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...

7. Unions to discuss CCB severance offer

https://knews.kathimerini.com.cy/en/news/unions-to-discuss-ccb-severance-offer

The Cyprus Cooperative Bank is making another effort to strike a deal with unions in order to get 900 employees agree to walk away...

8. President thanks parliamentary caucus for Sunday votes

https://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

9. House approves state guarantees in co-op deal

https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal

The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...

10. House shifts into gear with Sunday bad loans session

https://knews.kathimerini.com.cy/en/news/house-shifts-into-gear-with-sunday-bad-loans-session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

11. House prepares to define good and bad borrowers

https://knews.kathimerini.com.cy/en/news/house-prepares-to-define-good-and-bad-borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

12. Government welcomes Diko support on bad loans

https://knews.kathimerini.com.cy/en/news/government-welcomes-diko-support-on-bad-loans

The Cyprus government says it can work with opposition centrist party Diko to pass much needed comprehensive legislation on bad loans that would also pave the way for a co-op deal to go forward...

13. Bad loans revive MP financial disclosure debate

https://knews.kathimerini.com.cy/en/news/bad-loans-revive-mp-financial-disclosure-debate

A ruthless debate is picking up steam among members of parliament following public discussion and media coverage that raises the issue of conflict of interest ahead of a crucial vote on bad loans...

14. AG names investigators to comb though co-op

https://knews.kathimerini.com.cy/en/news/ag-names-investigators-to-comb-though-entire-co-op

A former judge, an economist, and a banker will make up the executive committee that will investigate any suspicious dealings that took place in the troubled Cypriot co-op...

15. Co-Op deal with Hellenic still up in the air

https://knews.kathimerini.com.cy/en/news/co-op-deal-with-hellenic-still-up-in-the-air

The government is running against the clock with bad loans legislation, which would include a bill approving state guarantees for Hellenic Bank to absorb potentially high-risk loans in co-op takeover...

16. Co-op bankers plead not guilty in loans scandal

https://knews.kathimerini.com.cy/en/news/co-op-bankers-plead-not-guilty-in-unsecured-loans-scandal

Senior co-op executives pleaded not guilty to fraud charges in connection with a banking scandal where loans worth millions were given out without due process...

17. Government throws Co-Op ball in Hellenic’s court

https://knews.kathimerini.com.cy/en/news/government-throws-co-op-ball-in-hellenic-s-court

The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...

18. Trump lawyer took money from firm linked to Russian oligarch

https://knews.kathimerini.com.cy/en/news/trump-lawyer-took-money-from-firm-linked-to-russian-oligarch

An attorney for porn star Stormy Daniels said that Donald Trump’s lawyer, Michael Cohen, was paid $500,000 by a company with ties to a Russian oligarch who was hit last month with US sanctions to punish Moscow for activities that included suspected meddling in the 2016 US election...

19. Sainsbury's and Asda agree 13.3 billion pound merger

https://knews.kathimerini.com.cy/en/business/sainsbury-s-and-asda-agree-13-3-billion-pound-merger

Sainsbury’s and Asda, the UK arm of Walmart, confirmed they had agreed a 13.3 billion pounds merger to create Britain’s biggest supermarket group by market share, surpassing current leader Tesco...

20. Cyprus is open for business and China’s buying

https://knews.kathimerini.com.cy/en/business/cyprus-is-open-for-business-and-china-s-buying

As US President Donald Trump builds barriers to Chinese trade, Cyprus is throwing open the gates...

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