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12° Nicosia,
25 June, 2024
 

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Displaying results 1-30 of 54 matches for query takeover.

1. FTI bankruptcy adds to woes of Cyprus tourism sector

https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector

The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....

2. Former Central Bank Governor reflects on achievements and future plans

https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

3. Hellenic set to acquire CNP in multimillion-Euro deal

https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

4. Government mulls UAE-led takeover of Daily Telegraph

https://knews.kathimerini.com.cy/en/news/government-mulls-uae-led-takeover-of-daily-telegraph

In a pivotal moment for British media, the government is deliberating the approval of a UAE-led takeover of the Daily Telegraph, eliciting widespread objections from politicians, journalists, ...

5. Hellenic Bank eyes CNP Cyprus takeover

https://knews.kathimerini.com.cy/en/news/hellenic-bank-eyes-cnp-cyprus-takeover

Hellenic Bank has confirmed discussions regarding the potential acquisition of CNP Cyprus, validating a report by ''K''. ...

6. Hellenic Bank and ERGO Germany eye CNP Cyprus acquisition

https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition

Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...

7. Far-right and conservatives gain momentum in Europe

https://knews.kathimerini.com.cy/en/news/far-right-and-conservatives-gain-momentum-in-europe

The far-right and conservative parties are gaining strength across Europe, while the possibility of reaching up to 29% of the seats in the European Parliament is visible, explains to "K" Tobias Gerhard Schminke, founder of the platform for collecting electoral data Europe Elects....

8. Weather shifts ahead

https://knews.kathimerini.com.cy/en/news/weather-shifts-ahead

Get ready for a weather rollercoaster in our area! Currently, a weak high-pressure system is holding its ground, but come Saturday, low pressure will swoop in, bringing with it a dash of drama in the form of intermittent dust in the evening. ...

9. Get ready for Ed Sheeran's Cyprus takeover

https://knews.kathimerini.com.cy/en/news/get-ready-for-ed-sheeran-s-cyprus-takeover

In a thrilling announcement on Friday, October 20, Ed Sheeran unveiled the list of countries to be featured in his highly-anticipated world tour. What caught the attention of Cypriot music enthusiasts was the inclusion of Cyprus, making it a first-time tour destination for the renowned singer....

10. Is Cyprus banking sector heading for a shake-up?

https://knews.kathimerini.com.cy/en/news/is-cyprus-banking-sector-heading-for-a-shake-up

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

11. Fattal Group acquires yet another holiday property in Cyprus

https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-yet-another-holiday-property-in-cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

12. Russian and Ukrainian stock in Cypriot fund's Lukoil deal

https://knews.kathimerini.com.cy/en/news/russian-and-ukrainian-stock-in-lukoil-deal

A highly contentious takeover of a Lukoil plant in Italy by a Cypriot fund appears to be moving forward, with the latest media speculators picking on rumors that the leadership of the new operation might come from both Russian and Ukrainian stock...

13. Delays unclear over Cypriot-fueled Lukoil deal

https://knews.kathimerini.com.cy/en/news/delays-unclear-over-cypriot-fueled-lukoil-deal

An executive power committee in Italy has missed an initial deadline for approving the sale of a Russian refinery plant to an Israeli-backed Cypriot fund, with reports in the media getting blurred between fears over Russian influence and high-stakes geopolitical interests across the pond...

14. BP and ADNOC's bold bid for the Leviathan field

https://knews.kathimerini.com.cy/en/business/bp-and-adnoc-s-bold-bid-for-the-leviathan-field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

15. Saudi National Bank president resigns

https://knews.kathimerini.com.cy/en/news/saudi-national-bank-president-resigns

The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its takeover earlier this month, has resigned, according to a statement published on the Saudi stock exchange....

16. Afghan women protest ban on female education

https://knews.kathimerini.com.cy/en/news/afghan-women-protest-ban-on-female-education

Young Afghan women gathered outside Kabul University on Monday to protest the ruling Taliban’s ban on female education as their male peers returned to school for a new academic year and the United Nations heard the restriction may amount to a crime against humanity....

17. Riyadh wants to acquire Formula 1

https://knews.kathimerini.com.cy/en/news/riyadh-wants-to-acquire-formula-1

Whereas we used to say that the Chinese were buying everything, it appears that the Saudis are now following suit. According to well-informed sources cited by the news agency Bloomberg, ...

18. The landscape of bank equity is changing in Cyprus

https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

19. Economic events that will be remembered in 2022

https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

20. White House dazed over emails about Cypriot gas company

https://knews.kathimerini.com.cy/en/news/white-house-dazed-over-cypriot-gas-company-s-emails

US President Joe Biden is expected to say whether he would challenge a decision by National Archives to release documents concerning his son’s role in a controversial gas company in Cyprus and allegations that business dealings may have improperly influenced American policy...

21. Celebrities are leaving Twitter in droves thanks to Elon Musk's takeover

https://knews.kathimerini.com.cy/en/news/celebrities-are-leaving-twitter-in-droves-thanks-to-elon-musk-s-takeover

Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit....

22. Putin signs ‘accession treaties’ at Kremlin in defiance of international law

https://knews.kathimerini.com.cy/en/news/putin-signs-‘accession-treaties-at-kremlin-in-defiance-of-international-law

Vladimir Putin has signed “accession treaties” formalizing Russia’s illegal annexation of four occupied regions in Ukraine, marking the largest forcible takeover of territory in Europe since the second world war....

23. 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. ...

24. 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...

25. US-based Lone Star to revise offer for Bank Of Cyprus

https://knews.kathimerini.com.cy/en/business/us-based-lone-star-to-revise-offer-for-bank-of-cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

26. Bank of Cyprus announces €50m net profit in first half of 2022

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022

Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....

27. 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...

28. Greek court overturns seizure of Iran tanker’s oil

https://knews.kathimerini.com.cy/en/news/greek-court-overturns-seizure-of-iran-tanker-s-oil

A court in central Greece has overturned a ruling that authorized the confiscation of crude oil from an Iranian-flagged tanker at the center of a volatile dispute over international sanctions...

29. Desperate Afghan families resorting to selling their kidneys and even their own children to buy food

https://knews.kathimerini.com.cy/en/news/desperate-afghan-families-resorting-to-selling-their-kidneys-and-even-their-own-children-to-buy-food

Entire families in Afghanistan have been forced to sell their kidneys so they can buy food, as the country plunges deeper into a humanitarian crisis....

30. Teddy Sagi's Playtech embroiled in takeover battle

https://knews.kathimerini.com.cy/en/business/teddy-sagi-s-playtech-embroiled-in-takeover-battle

Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....

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