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Mergers and acquisitions highlights to 09:20 GMT


Published :
Wed, 31 Jan 2007 10:37
By : Agencies
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2007-01-31 09:06:59

Vodafone Sarin says bid for Hutchison Essar 'several weeks away'

LONDON (AFX) - Vodafone Group's chief executive, Arun Sarin, said the

auction of India's fourth-largest mobile operator, Hutchison Essar, could drag

out into March.

2007-01-31 08:49:01

Cypriot Stock Exchange approves Piraeus bid for Marfin, blocks Marfins bid

ATHENS (AFX) - The Cypriot Stock Exchange gave its approval to the Bank of

Piraeus to launch its tender offer for Marfin Popular Bank, but blocked Marfins

intended bid for Bank of Cyprus, confirming what sources had told Euro2day

Newswire yesterday.

2007-01-31 08:47:51

Italian retailers Conad, Interdis link up to form second-largest player

MILAN (AFX) - Italian retailers Conad and Interdis said they have signed a

five-year strategic agreement, which creates the second-largest retailing group

in Italy, with a 18.9 pct market share, daily La Repubblica reported.

2007-01-31 08:40:04

Italy's Consob to clear new rules allowing Borsa Italiana listing - report

MILAN (AFX) - The market regulator Consob is expected to clear end February

or early March statutory changes proposed by the Italian stock exchange Borsa

Italiana SpA, a move that would open the way for the bourse's listing, the daily

MF said without giving a source.

2007-01-31 08:33:48

Ferrovial eyes further Eastern Europe expansion - report

MADRID (AFX) - Grupo Ferrovial SA is eyeing various acquisition

possibilities in Eastern Europe, with Romania, the Czech Republic and Hungary

amongst the favourites, El Economista reported, citing unnamed sources close to

the matter.

2007-01-31 08:31:56

Rheinmetall majority shareholder in Chempro and increases stake in ADS

FRANKFURT (AFX) - Rheinmetall AG said it now own 51 pct in Chempro GmbH and

is gradually increasing its stake in ADS Gesellschaft fuer aktive Schutzsystem

mbH.




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