Saturday, December 31, 2005
A growing number of companies are turning to trust banks to help them monitor ownership of their shares as an early warning of hostile takeover attemp
FT.com / By industry / Financial services - Citigroup consortium to buy Chinese bank
CRH acquires 26.3% stake in Corporacion Uniland SA
Story CRH plc, the international building materials group, has announced that it has acquired a 26.3% equity stake in Corporacion Uniland SA, a major Spanish manufacturer of cement, ready mixed concrete, mortar and aggregates with additional cement and ready mixed concrete interests in Tunisia, Argentina and Uruguay, for a consideration of approximately EUR 300m.
In Spain, Uniland operates two integrated cement plants in Catalonia, where it is market leader, with total annual cement production capacity of 3.2 million tonnes. It also has extensive ready mixed concrete, mortar and aggregates operations in the region. In Tunisia, Uniland is the majority owner (88%) of a modern 2 million ton capacity cement plant and is also active in ready mixed concrete. Through a 50/50 joint venture with Cementos Molins of Spain, Uniland has strong positions in cement and ready mixed concrete in both Argentina and Uruguay.
In 2004, Uniland produced approximately 5.5 million tonnes of cement, 2 million cubic metres of ready mixed concrete and 2 million tonnes of mortar across its operations. Uniland reported consolidated sales of EUR 423m in 2004 and profit before interest, tax, depreciation and amortisation (EBITDA) of EUR 143m. Operating profit (EBIT) for 2004 amounted to EUR 111m. (Note all figures include proportionate 50% share of South American operations).
Through its wholly owned subsidiary Beton Catalan SA, CRH has had operations in Spain since 1987. Beton Catalan is a significant ready mixed concrete and concrete products manufacturer in the Catalonia region and in addition has strong positions in ready mixed concrete in Madrid and in a number of other regional Spanish markets. With its 49% investment in Secil, a leading Portuguese manufacturer of cement, ready mixed concrete and aggregates, completed in June 2004, CRH already participates in the Tunisian cement market. CRH is also a leading producer of clay roof tiles and floor and wall tiles in Argentina.
Commenting on the transaction, Liam O'Mahony, Chief Executive of CRH plc, said: "CRH is delighted with this investment in Uniland, a company with which our existing Spanish operation has had a long business relationship. We look forward to working constructively with the company into the future."
Source Company press release(s)
Value EUR 300m (purchase price for a 26.3% equity stake )
In Spain, Uniland operates two integrated cement plants in Catalonia, where it is market leader, with total annual cement production capacity of 3.2 million tonnes. It also has extensive ready mixed concrete, mortar and aggregates operations in the region. In Tunisia, Uniland is the majority owner (88%) of a modern 2 million ton capacity cement plant and is also active in ready mixed concrete. Through a 50/50 joint venture with Cementos Molins of Spain, Uniland has strong positions in cement and ready mixed concrete in both Argentina and Uruguay.
In 2004, Uniland produced approximately 5.5 million tonnes of cement, 2 million cubic metres of ready mixed concrete and 2 million tonnes of mortar across its operations. Uniland reported consolidated sales of EUR 423m in 2004 and profit before interest, tax, depreciation and amortisation (EBITDA) of EUR 143m. Operating profit (EBIT) for 2004 amounted to EUR 111m. (Note all figures include proportionate 50% share of South American operations).
Through its wholly owned subsidiary Beton Catalan SA, CRH has had operations in Spain since 1987. Beton Catalan is a significant ready mixed concrete and concrete products manufacturer in the Catalonia region and in addition has strong positions in ready mixed concrete in Madrid and in a number of other regional Spanish markets. With its 49% investment in Secil, a leading Portuguese manufacturer of cement, ready mixed concrete and aggregates, completed in June 2004, CRH already participates in the Tunisian cement market. CRH is also a leading producer of clay roof tiles and floor and wall tiles in Argentina.
Commenting on the transaction, Liam O'Mahony, Chief Executive of CRH plc, said: "CRH is delighted with this investment in Uniland, a company with which our existing Spanish operation has had a long business relationship. We look forward to working constructively with the company into the future."
Source Company press release(s)
Value EUR 300m (purchase price for a 26.3% equity stake )
BBC NEWS | Business | Standard Life 'plans windfalls'
Wednesday, December 28, 2005
Russneft considering an IPO; plans takeovers as wants to be international player
Story Russneft is considering an IPO, although the timing for potential listing is not decided as yet, stated Mikhaill Gutseriev, Russneft owner, interviewed by Vremya Novostei . Gutseriev confirmed that he holds directly a 70% stake in the company, with the remaining shares belonging to his family. According to Gutseriev , the IPO will depend on the market situation.
Gutseriev wants to establish Russneft, a Russian oil firm, as an international player. To achieve that goal he plans acquisitions in Kazakhstan, Azerbaijan, Algeria and Libya, Gutseriev told Vremya Novostei. Gutseriev confirmed that the company is already in takeover talks, but did not reveal any details.
Gutseriev expects Russneft’s next year revenues of USD 1bn.
One of the first assets targeted by Russneft will be a 49% stake in Transpetrol, the Slovakian pipeline operator, owned by the Russian oil firm, Yukos. Gutseriev expects that the transaction will exceed the price of USD 74m, paid by Yukos for this asset, by a few millions.
Russneft has recently bought Orsk and Saratovneftegaz petrochemical subsidiaries of the Anglo-Russian oil venture, TNK-BP and became a vertically-integrated holding. Gutseriev confirmed that he would talk to minority shareholders of Orsk and Saratovneftegaz to buy their stakes.
Mikhaill Gutseriev has no plans to sell Russneft, he said.
Source Vremya Novostei
Gutseriev wants to establish Russneft, a Russian oil firm, as an international player. To achieve that goal he plans acquisitions in Kazakhstan, Azerbaijan, Algeria and Libya, Gutseriev told Vremya Novostei. Gutseriev confirmed that the company is already in takeover talks, but did not reveal any details.
Gutseriev expects Russneft’s next year revenues of USD 1bn.
One of the first assets targeted by Russneft will be a 49% stake in Transpetrol, the Slovakian pipeline operator, owned by the Russian oil firm, Yukos. Gutseriev expects that the transaction will exceed the price of USD 74m, paid by Yukos for this asset, by a few millions.
Russneft has recently bought Orsk and Saratovneftegaz petrochemical subsidiaries of the Anglo-Russian oil venture, TNK-BP and became a vertically-integrated holding. Gutseriev confirmed that he would talk to minority shareholders of Orsk and Saratovneftegaz to buy their stakes.
Mikhaill Gutseriev has no plans to sell Russneft, he said.
Source Vremya Novostei
IFG acquires Bank of Scotland Trust Company for maximum of GBP 6.8m
Story IFG Group said in a statement it acquired Bank of Scotland Trust Company for a maximum of GBP 6.8m. IFG Group is pleased to announce that it has acquired, through its subsidiary IFG Trust (Jersey) Limited, the entire issued share capital of Bank of Scotland Trust Company, a company based in Jersey. BofS Trust Co provides trust and company administration services primarily for UK and European clients and has some 269 companies, trusts and other entities under administration. These client entities have total underlying assets of approximately GBP 340m. The consideration will be a maximum of GBP 6.8m, of which GBP 6.591m has been satisfied in cash upon completion. The balance will be satisfied in cash upon the completion of audited accounts for the year ending 23 December 2005 and will be an amount equivalent to profits before tax for the period 1 December 2005 to 22 December 2005. The business of BofS Trust Co will be integrated into IFG Trust's activities and will operate under IFG's International Trustee and Corporate Services Division, consolidating IFG's position as one of the leading independent offshore corporate service providers. BofS Trust Co's strength in the UK and European market complements the existing IFG International Divisions business which is particularly strong in the North American and Far Eastern Markets. The acquisition agreement contains warranties and indemnities in favour of IFG Trust.
Full Details to follow in the Deal Database
Source Stock Exchange Announcement(s)
Value GBP 6m (deal value)
Full Details to follow in the Deal Database
Source Stock Exchange Announcement(s)
Value GBP 6m (deal value)
FT.com / By industry / Aerospace & defence - Qinetiq IPO clears last hurdle
Telegraph | Money | Italian exchange targets tie-up with London
Tuesday, December 27, 2005
Telegraph | Money | Citibank to lift stake in China
Monday, December 26, 2005
FT.com / By industry / Financial services - Citigroup ends exclusive relationship with Pudong
CHINA PRESS: China Clearing Agency, Computershare Ink MOU
CHINA PRESS: China Clearing Agency, Computershare Ink MOU: "http://www.p5w.net "
Wednesday, December 21, 2005
French, German exchanges cool merger reports
FT.com / By industry / Financial services - Mannesmann trial judge orders retrial
Germany's federal appeal court has thrown out the acquittals of all six defendants in the long-running Mannesmann trial.
The severity of the judgement is widely seen as the worst case scenario for Josef Ackermann, Deutsche Bank chief executive, and could prompt his resignation.
The severity of the judgement is widely seen as the worst case scenario for Josef Ackermann, Deutsche Bank chief executive, and could prompt his resignation.
BBC NEWS | Business | Barclays opens first China branch
Telegraph | Money | We're top of the world, says London market
Tuesday, December 20, 2005
Only thing changing at Unilever is its shares
Telegraph | Money | Unilever to keep dual structure
Telegraph | Money | Old Mutual wins 62.5pc support for takeover
BBC NEWS | Business | Tokyo Stock Exchange boss resigns
Monday, December 19, 2005
BBC NEWS | Business | Kazakh firm joins FTSE favourites
Citigroup CEO comments spark rumours of bid for UK bank – market report
Citigroup chief executive Chuck Prince’s remarks regarding potential acquisitions sparked rumours of a bid for a UK bank, a Financial Times market report said. Prince said the bank is ‘comfortable’ making focused buys, the item said. No UK banks were specifically mentioned as targets in the report. Citigroup has a market capitalization of USD 249bn.
Source Financial Times
Value USD 249,762m (Citigroup market capitalisation)
Source Financial Times
Value USD 249,762m (Citigroup market capitalisation)
Sunday, December 18, 2005
Euronext set to trump Macquarie's LSE bid
Saturday, December 17, 2005
Georgeson's annual governance review spotlights activists
Friday, December 16, 2005
Sibneft Let VSK Out of Court - pursue Registrars
Kommersant: Norilsky Nickel Buys Out Its Own Stocks
Thursday, December 15, 2005
Telegraph | Money | Macquarie offer for LSE 'has no chance'
Rosbank to IPO in summer next year; Deutsche Bank, HSBC and CSFB responsible for offer - report
Story
Rosbank, the Russian bank belonging to the investment company Interros, is planning an IPO in summer next year, reported Vedomosti. According to a source in the bank, Deutsche Bank, HSBC and CSFB have been appointed to run the sale. Involved parties did not comment on the news.
The above source did not disclose the exact volume of the stake that will be offered, but said that it will be below 49%, Vedomosti continued. Initially, a small stake will be offered in Russia and the main listing will be in London.
A Rosbank source said that for an IPO the bank plans additional share issue. It is also possible that Interros, controlled by tycoons Vladimir Potanin and Mikhail Prokhorov, will sell a part of its stake. One source close to Interros said that investors could be offered up to a 25% stake, for which the shareholders hope to gain USD 300m. Interfax-CEA general director, Mikhail Matovnikov, values the entire Rosbank at USD 1.2bn to USD 1.5bn, Vedomosti reported.
Last November, the 40.5% stake in Rosbank was transferred to the Cyprian firm KM Technologies (Overseas). Vedomosti, which has not referred to any sources, stated that this firm has been used before by Interros to sell the company assets.
SourceVedomosti"
Rosbank, the Russian bank belonging to the investment company Interros, is planning an IPO in summer next year, reported Vedomosti. According to a source in the bank, Deutsche Bank, HSBC and CSFB have been appointed to run the sale. Involved parties did not comment on the news.
The above source did not disclose the exact volume of the stake that will be offered, but said that it will be below 49%, Vedomosti continued. Initially, a small stake will be offered in Russia and the main listing will be in London.
A Rosbank source said that for an IPO the bank plans additional share issue. It is also possible that Interros, controlled by tycoons Vladimir Potanin and Mikhail Prokhorov, will sell a part of its stake. One source close to Interros said that investors could be offered up to a 25% stake, for which the shareholders hope to gain USD 300m. Interfax-CEA general director, Mikhail Matovnikov, values the entire Rosbank at USD 1.2bn to USD 1.5bn, Vedomosti reported.
Last November, the 40.5% stake in Rosbank was transferred to the Cyprian firm KM Technologies (Overseas). Vedomosti, which has not referred to any sources, stated that this firm has been used before by Interros to sell the company assets.
SourceVedomosti"
BBC NEWS | Business | Australian bank launches LSE bid
LSE
Wednesday, December 14, 2005
Business Report - Large deals drive global stock-market debuts
Citigroup opens 25th branch in Russia
Tuesday, December 13, 2005
GTE set to float on AIM
Story Gas Turbine Efficiency, the aviation cleaning-systems supplier, is to float on the Alternative Investment Market, the Financial Times said.
The unsourced item said that the transaction will happen on 21 December and is expected to raise over GBP 5m (EUR 7m), valuing the group at GBP 13m. The placing was priced at 30p a share, the report said, noting that it is thought to be twice subscribed.
The Swedish business is 71.4% owned by EIG Venture Capital and develops technology for cleaning power plants and aircraft.
Source Financial Times
Value GBP 13m (Estimated post-float value)
SourceFinancial Times
ValueGBP 13m (Estimated post-float value) "
The unsourced item said that the transaction will happen on 21 December and is expected to raise over GBP 5m (EUR 7m), valuing the group at GBP 13m. The placing was priced at 30p a share, the report said, noting that it is thought to be twice subscribed.
The Swedish business is 71.4% owned by EIG Venture Capital and develops technology for cleaning power plants and aircraft.
Source Financial Times
Value GBP 13m (Estimated post-float value)
SourceFinancial Times
ValueGBP 13m (Estimated post-float value) "
VimpelCom Dispute With Telenor Deepens
Sunday, December 11, 2005
LSE: Macquarie insists “derisory” bid is serious; Macquarie to approach investors directly – report
mergermarket.com: "LSE: Macquarie insists �derisory� bid is serious; Macquarie to approach investors directly � report
StoryMacquarie has insisted that its GBP 1.48bn (EUR 2.2bn) offer for the London Stock Exchange is serious, according to a report in the Daily Express. The bid was described by the LSE as �derisory� in a statement yesterday and, analysts cited in the report said, could have been a ruse to lower the sale price or to exit the process gracefully once its approach had been rebuffed. An analyst from Man Financial suggested that the recent move may have been made to give the Australian bank more time to team up with another bidder, the report said.
An item in the Daily Telegraph cited sources near to Macquarie who said the offer was not a precursor to withdrawal; it added that the bank is to consider new financial data from the LSE before making a decision on whether to up its bid. The information requested by Macquarie is the same as that given to Deutsche Borse and Euronext when they were potential buyers earlier in the year, the report noted.
The Daily Mail said that Macquarie was set to take its offer directly to shareholders in the London exchange to try and garner some backing; Threadneedle, the largest investor, declined to comment but number-two investor Scottish Widows stated that it would be happy to talk the potential deal through, the unsourced item said. The Guardian added that Macquarie is keen to reassure LSE users that dealing will not become more expensive in the event that its takeover goes ahead.
SourceDaily Express, Daily Telegraph, Daily Mail
ValueGB"
StoryMacquarie has insisted that its GBP 1.48bn (EUR 2.2bn) offer for the London Stock Exchange is serious, according to a report in the Daily Express. The bid was described by the LSE as �derisory� in a statement yesterday and, analysts cited in the report said, could have been a ruse to lower the sale price or to exit the process gracefully once its approach had been rebuffed. An analyst from Man Financial suggested that the recent move may have been made to give the Australian bank more time to team up with another bidder, the report said.
An item in the Daily Telegraph cited sources near to Macquarie who said the offer was not a precursor to withdrawal; it added that the bank is to consider new financial data from the LSE before making a decision on whether to up its bid. The information requested by Macquarie is the same as that given to Deutsche Borse and Euronext when they were potential buyers earlier in the year, the report noted.
The Daily Mail said that Macquarie was set to take its offer directly to shareholders in the London exchange to try and garner some backing; Threadneedle, the largest investor, declined to comment but number-two investor Scottish Widows stated that it would be happy to talk the potential deal through, the unsourced item said. The Guardian added that Macquarie is keen to reassure LSE users that dealing will not become more expensive in the event that its takeover goes ahead.
SourceDaily Express, Daily Telegraph, Daily Mail
ValueGB"
Saturday, December 10, 2005
Kommersant: Polyus Gets All the Nezhdanskoe Gold
Euronext not commenting on Macquarie bid rejection by LSE
Story Euronext NV, a potential bidder for London Stock Exchange PLC, refused to comment on the LSE's rejection of a 580 pence per share offer from Macquarie Bank Ltd, AFX reported.
Euronext, in consultation with its shareholders, is evaluating all strategic options for maximising shareholder value, a spokesman said. Macquarie tabled the indicative offer yesterday, seeking to start talks and asking for more financial information to conduct due diligence, the report stated.
The LSE branded the proposal "derisory" and said it "fundamentally undervalues the company and lacks any strategic or commercial credibility".
LSE's share closed above Macquarie's indicative offer at 612 pence on Thursday, valuing the group at GPB 1.55bn (EUR 2.29bn). The exchange's management is thought to be keen to remain independent, and is reportedly holding out for bids in the region of 700-800 pence.
Euronext will not decide whether to bid until it has finished discussions with the UK Competition Commission about how it would meet conditions set by the commission for a takeover of the LSE. Particularly that Euronext should reduce its stake in its clearing affiliate LCH Clearnet to 14.9% from 41.5%.
Source AFX
Value EUR 2,290m (LSE valuation)
Target London Stock Exchange (LSE) plc
DS
Bidder Euronext NV
DS
Bidder Macquarie Bank Ltd (MBL)
DS
Sectors Financial Services
Internet / ecommerce
SubSectors Securities and commodities brokers
Trading / procurement systems
Intel Type Takeover situations
Countries Australia
Belgium
France
Netherlands
United Kingdom
Intel. Grade Confirmed
Intelligence ID 260770
Euronext, in consultation with its shareholders, is evaluating all strategic options for maximising shareholder value, a spokesman said. Macquarie tabled the indicative offer yesterday, seeking to start talks and asking for more financial information to conduct due diligence, the report stated.
The LSE branded the proposal "derisory" and said it "fundamentally undervalues the company and lacks any strategic or commercial credibility".
LSE's share closed above Macquarie's indicative offer at 612 pence on Thursday, valuing the group at GPB 1.55bn (EUR 2.29bn). The exchange's management is thought to be keen to remain independent, and is reportedly holding out for bids in the region of 700-800 pence.
Euronext will not decide whether to bid until it has finished discussions with the UK Competition Commission about how it would meet conditions set by the commission for a takeover of the LSE. Particularly that Euronext should reduce its stake in its clearing affiliate LCH Clearnet to 14.9% from 41.5%.
Source AFX
Value EUR 2,290m (LSE valuation)
Target London Stock Exchange (LSE) plc
DS
Bidder Euronext NV
DS
Bidder Macquarie Bank Ltd (MBL)
DS
Sectors Financial Services
Internet / ecommerce
SubSectors Securities and commodities brokers
Trading / procurement systems
Intel Type Takeover situations
Countries Australia
Belgium
France
Netherlands
United Kingdom
Intel. Grade Confirmed
Intelligence ID 260770
LSE: Macquarie could make higher bid of more than GBP 1.6bn next week - report
Macquarie Bank could undertake another takeover approach for the London Stock Exchange (LSE) next week, valuating the LSE more than GBP 1.6bn, the Evening Standard reported.
The paper quoted a broker saying Macquarie could possibly make a new detailed offer before 15 December. As a delaying tactic this would give Macquarie more time to find a possible consortium partner.
Earlier today, LSE had rejected Macquarie Bank's 580p per share offer.
SourceEvening Standard
ValueGBP 1,500m (LSE approx. market cap)
The paper quoted a broker saying Macquarie could possibly make a new detailed offer before 15 December. As a delaying tactic this would give Macquarie more time to find a possible consortium partner.
Earlier today, LSE had rejected Macquarie Bank's 580p per share offer.
SourceEvening Standard
ValueGBP 1,500m (LSE approx. market cap)
Friday, December 09, 2005
FT.com / By industry / Basic industries - Dicey Russian flotations challenge London investors' appetite for risk
FT.com / Lex - Lex live: Gazprom
BBC NEWS | Business | Probe into Japan share sale error
Santander rejects Bradford & Bingley bid rumours
Story Santander Central Hispano, the listed Spanish bank, has denied it was interested in acquiring UK banking group, Bradford and Bingley, Expansion reported.
According to the newspaper, which did not cite any sources, B & B had seen the value of its shares rise by 1.71% yesterday (Wednesday), fuelled by the rumours.
B&B has market value of GBP 2.449bn (EUR 3.625bn).
Source Expansion
Value GBP 2,499m (market cap B & B)
According to the newspaper, which did not cite any sources, B & B had seen the value of its shares rise by 1.71% yesterday (Wednesday), fuelled by the rumours.
B&B has market value of GBP 2.449bn (EUR 3.625bn).
Source Expansion
Value GBP 2,499m (market cap B & B)
FT.com / By industry / Financial services - LSE rejects £1.48bn approach from Macquarie
Thursday, December 08, 2005
Lloyds TSB sees renewed chatter of Wells Fargo bid – market report
mergermarket.com: "Lloyds TSB sees renewed chatter of Wells Fargo bid � market report "
Bradford & Bingley sees Santander bid whispers – market report
mergermarket.com: "Bradford & Bingley sees Santander bid whispers � market report "
Lloyds TSB shares up on rumours of Wachovia interest – market report
LSE & NYSE
BBC NEWS | Business | Dresdner to buy into Gazprombank
TNK-BP Valued $40Bln in Stock Market Debut
Wednesday, December 07, 2005
Guardian Unlimited | Business latest | Little-known Kazakh miner joins FTSE 100
NYSE members approve Archipelago merger - Forbes.com
Tuesday, December 06, 2005
Renaissance Capital to handle Ritzio Entertainment Group London IPO - reports
Renaissance Capital, the Russian investment bank will handle the London listing of Ritzio Entertainment Group, in 2006, Vedomosti and The Moscow Times reported. MT referred to unspecified banking sources and stated that Credit Suisse First Boston was one of the banks applying for the position of an adviser.
According to a source close to the management of Ritzio Entertainment, the Russian gambling business will list a 15% stake on LSE in H1 2006, Vedomosti reported. Oleg Boiko and Boris Belotserkovski, Ritzio Entertainment owners, were not available for comment, the item stated.
Various specialists estimate that Ritzio Entertainment's 15% stake could be worth USD 50m to USD 15m, Vedomosti concluded.
SourceVedomosti, The Moscow Times">mergermarket.com: "Renaissance Capital to handle Ritzio Entertainment Group London IPO - reports
StoryRenaissance Capital, the Russian investment bank will handle the London listing of Ritzio Entertainment Group, in 2006, Vedomosti and The Moscow Times reported. MT referred to unspecified banking sources and stated that Credit Suisse First Boston was one of the banks applying for the position of an adviser.
According to a source close to the management of Ritzio Entertainment, the Russian gambling business will list a 15% stake on LSE in H1 2006, Vedomosti reported. Oleg Boiko and Boris Belotserkovski, Ritzio Entertainment owners, were not available for comment, the item stated.
Various specialists estimate that Ritzio Entertainment's 15% stake could be worth USD 50m to USD 15m, Vedomosti concluded.
SourceVedomosti, The Moscow Times"
According to a source close to the management of Ritzio Entertainment, the Russian gambling business will list a 15% stake on LSE in H1 2006, Vedomosti reported. Oleg Boiko and Boris Belotserkovski, Ritzio Entertainment owners, were not available for comment, the item stated.
Various specialists estimate that Ritzio Entertainment's 15% stake could be worth USD 50m to USD 15m, Vedomosti concluded.
SourceVedomosti, The Moscow Times">mergermarket.com: "Renaissance Capital to handle Ritzio Entertainment Group London IPO - reports
StoryRenaissance Capital, the Russian investment bank will handle the London listing of Ritzio Entertainment Group, in 2006, Vedomosti and The Moscow Times reported. MT referred to unspecified banking sources and stated that Credit Suisse First Boston was one of the banks applying for the position of an adviser.
According to a source close to the management of Ritzio Entertainment, the Russian gambling business will list a 15% stake on LSE in H1 2006, Vedomosti reported. Oleg Boiko and Boris Belotserkovski, Ritzio Entertainment owners, were not available for comment, the item stated.
Various specialists estimate that Ritzio Entertainment's 15% stake could be worth USD 50m to USD 15m, Vedomosti concluded.
SourceVedomosti, The Moscow Times"
Monday, December 05, 2005
BBC NEWS | Business | BP snaps up China Aviation stake
US markets / non-US issuers
Kazakhmys
Sunday, December 04, 2005
Casino Owner Bets on Foreign IPO
Firm Aims to Be First Russian Consultant to List in London
Sanctuary plea to investors for £130m rescue
BAT in battle for Egyptian firm
Telegraph | Money | Indian gas firm plans $240m float
Telegraph | Money | The Maverick: They're taking to Aim but we should take care
Saturday, December 03, 2005
RIA Novosti - Business - Russia could create IPO mechanism for state companies
Telegraph | Money | From Russia with spy novel-style risks
Thursday, December 01, 2005
STRATE - South Africa Strives For Further Efficiencies Through STRATE
Old Mutual cuts Skandia acceptance level
Telegraph | Money | Chinese bosses to get western-style incentives
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/12/01/cnchina01.xml&DCMP=EMC-mcn_01122005
