Posts Tagged Pound

Castorama, Rothschild’s been flying under the

Brilliant sitting in Paris by Castorama Dubois. The green light given by Rothschild and Op Kingfisher, acting as independent advisor transaction, is driving up the title trans: +2.81% to 65.9 . Remember that the distribution group has offered 3.3 billion pounds: the offer is 67 per share for 45% of the French that still does not have. Unchanged, Kingfisher: -0.1%.

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Bouncing Seat

After losing 17% from the first days of June, pointing to a recovery Seat Pg. The title of the which publishes the Yellow Pages is in fact going up, 1, 75% share back to 0.73 . Last week, the led by Dal Pino had discounted the effect Yell (formerly owned by BT in the field of Directory ndr.), The forthcoming of the London . Based on the price range announced by the (240-345 pence) Yell is evaluated between 1.8 and 2.3 billion pounds. According to the anals, this is an estimate much lower than originally expected (2.8 billion).

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Onbanca: red persists

Onbanca reported a net liability in the first nine months of 2001 amounted to 44.7 billion pounds, a slight increase over 2000 despite the margin of intermediation is now positive and the interest margin is doubled to 9 billion pounds or so. Are in fact to weigh the risk provisions and write-downs of capital raised, compared with overall managerial and administrative expenses decreased as compared to 2000. The number of current accounts increased by 50% (again compared to the same period in 2000). At this moment the title halls of 3.66% to 34.3 .

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Gandal subscribed 100% increase in the cap.

Deflection for Gandalf in the at 98 (-0.23%). The airline announced that are fully subscribed shares issued relating to the operation of an increase in corporate capital currently amounts to 55,101,312,000 lire divided into 1,147,944 shares of nominal 48mila pounds each. Net income for Gandalf is about 30 billion lire.

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Momentum rolling at high speed ‘

The Momentum , Joint Venture between the Italian Cremonini and Granada Group has concluded an agreement for 40 million pounds (about 120 billion pounds) with Eurostar for the provision of services on board trains high-speed traveling on the route between the UK and other European countries. The contract, signed every three years, will begin to bear fruit from June this year. A 51% stake in the joint venture is in the hands of Cremonini, while Granada Group holds the remaining 49%. Meanwhile, the title Cremonini, quoted at the Milan , is rising by 3.28% and reaches 2.08 .

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UMTS, Vodafone must divest Orange

Vodafone Airtouch will have to complete as soon as the sale of Orange, if B wants to have the license for UMTS which offered 5.96 billion pounds, said Department of Commerce and Industry. All five winners will be supported in meeting the terms and conditions imposed by the licensing process for the auction. Telecom, leaving the competition after the withdrawal of NTL, could fall by buying its Orange, Vodafone, the operator controlled d. Vodafone still has to sell Orange to merge with Mannesmann in accordance with what was decided by the European Commission.

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Airtel Vodafone close to win

War increasingly open between Vodafone Airtouch and Telecom. giant is now at hand to beat Telecom to conquer Spanish operator Airtel. President of Bilbao Bizkaia Kutxa, Jose Ignacio Berroeta, said that the will sell its 4.8% to Vodafone for 14.8 billion pounds. Berroeta added that the sale will follow the acquisition by Vodafone, 30,%% of Airtel held by Banco Santander, an event that seems, according to participants more than likely. Vodafone, which already has 21.7% of the Spanish telephone group, should finally reach agreement with two other banks, Unicaja and Caja de Asturias, which dentengono 8% of the capital.

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Yes Tv postpones listing

English Yes Television was ready to enter the of 600 million pounds in shares, but decided to postpone the listing due to the uncertainty on High Tech in the . The said that the present is the worst conditions for such an operation you could imagine. Yes TV, specialized in interactive services for television, said it will give more details on the placement day.

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Arcadia, still lost profits

Arcadia Group, one of the worst of large retailers in Great Britain in terms of performance, recorded a loss of gross profits of 8.6 million pounds compared to last year. The to withstand competition going drastically reduced prices, although sales volumes have not increased. The title marks on the London down 2.5%.

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C6W profits drop 26%

Cable and Wireless, the phone group, has announced a gross amounted to 1.12 billion pounds at the end of March. Although the data reveal a fall in profits by 24% the results have exceeded expectations of analysts. In particular, the revenue of the Internet and data services sector grew by 46%. The dividend for the current year is 15 pence. The title marks +1.86%.

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