Mergers and acquisitions highlights to 09:20 GMT |
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Mon, 29 Jan 2007 10:36
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2007-01-29 08:55:41Luxottica aims at 5 bln eur sales in 2007 - CEOMILAN (AFX) - Luxottica Group SpA chief executive Andrea Guerra said thatthe group must aim at 5 bln eur in sales this year, even though it is still tooearly to say whether that target can be reached.2007-01-29 08:31:45Gazprom eyes Repsol YPF, Endesa alliances, rules out Spain acquisitionsMADRID (AFX) - Gazprom has ruled out taking stakes in or bidding for Spanishenergy companies, but is interested in alliances with Repsol YPF SA and EndesaSA, El Mundo reported, citing the Russian group's deputy chairman AlexanderMedvedev.2007-01-29 08:29:41Statoil says net interest-bearing debt 24-25 bln nkr vs 14.3 after due diligenceOSLO (AFX) - Statoil ASA said that following the completion of a valueverification process ahead of its planned merger with the oil and gas operationsof Norsk Hydro ASA, it will have net interest-bearing debt of 24-25 bln nkr asof the end of Dec 2006, compared to the 14.3 bln previously announced.2007-01-29 08:25:56Ebro Puleva sells land for 30 mln eur; capital gains of 28 mlnMADRID (AFX) - Ebro Puleva SA said it has sold land in Alagon, nearZaragoza, north East Spain, for a total of 30 mln eur, booking capital gains ofsome 28 mln.2007-01-29 08:13:45Sanofi-Aventis declines comment on reported accord to buy Bristol-Myers SquibbPARIS (AFX) - Sanofi-Aventis declined to comment on a report in the Frenchbusiness newsletter Lettre de l'Expansion that it has reached a preliminaryagreement to acquire Bristol-Myers Squibb, recently rumoured to be a potentialtakeover target.2007-01-29 08:13:14Fortis sells 50 pct stake in Kigali Bank; to divest African ops - reportBRUSSELS (AFX) - Belgo-Dutch bancassurance group Fortis NV has sold its 50pct shareholding in Rwanda's Kigali Bank to the African state's government,according to a weekend report in financial daily De Tijd, without citingsources.
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Bank of Italy new rules on hybrid instruments to facilitate mergers - report 