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Mergers and acquisitions highlights to 09:20 GMT


Published :
Mon, 19 Feb 2007 10:37
By : Agencies
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2007-02-19 09:19:17

Fonciere des Regions to seek 100 pct of Beni Stabili after deal to buy 35 pct

PARIS (AFX) - Fonciere des Regions said it will launch a public offer for

100 pct of Italian property company Beni Stabili after agreeing to acquire the

35 pct stake held by Delfin.

2007-02-19 09:18:23

Siemens acquires Czech Republic's OEZ for undisclosed amount

MUNICH (AFX) - Siemens AG said it has signed an agreement to acquire a

majority of shares in Czechoslovakia-based electrical distribution technology

company OEZ for an undisclosed amount.

2007-02-19 09:02:57

Scor says holds 32.9 pct stake in Converium; still wants to acquire rest

ZURICH (AFX) - French reinsurer Scor said it now holds 32.9 pct of Converium

and still wants to acquire control of its Swiss rival, despite this morning's

rejection by Converium's board of an initial offer of 21 sfr per share, valuing

Converium at 3.1 bln sfr.

2007-02-19 08:51:20

Sonaecom may hike capital by 2 bln eur vs 1.5 bln to finance improved PT bid

LISBON (AFX) - Sonaecom SGPS could to increase shareholders capital by 2 bln

eur compared to its original plans for a capital increase of 1.5 bln eur in

order to help finance its 10.50 eur per share improved bid for Portugal Telecom

SGPS, Journal de Negocios reported late Friday citing Sonaecom executive Lobo

Xavier.

2007-02-19 08:45:42

Metrovacesa confirms shareholders accord to split company into 2

MADRID (AFX) - Metrovacesa SA said core shareholders chairman Joaquin

Rivero, Bautista Soler and the Sanahuja family have decided to split the company

into two separate entities.

2007-02-19 08:40:25

Fonciere des Regions to buy 35 pct stake in Beni Stabili from Delfin

PARIS (AFX) - Fonciere des Regions said it will acquire a 35 pct stake in

Italian property company Beni Stabili from its current holder, Delfin, through a

public offer to exchange shares with the Italy-based real estate company.




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