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Siemens 'confident' Apax/MPM deal closed by end-Sept despite Apax problems
Siemens AG said that Apax Partners & Co is having "financial problems" in its acquisition of Mannesman Plastics Machinery from Siemens, but it is "confident" the deal will be closed by the end of September.
11:08 Thursday 20th September 2001
Vodafone to pay £1.8 billion for further 21.7% stake in Japan Telecom
Vodafone Group PLC said it will increase its stake in Japan Telecom Co Ltd by a further 21.7% to 66.7% from the current 45% via a takeover bid.
09:50 Thursday 20th September 2001
Wolverhampton & Dudley sells 50 non-core pubs to Barracuda for £37.25 million
Wolverhampton & Dudley Breweries PLC said it is selling 50 non-core pubs to the Barracuda Group for £37.25 million.
09:43 Thursday 20th September 2001
HSBC confirms $350 million purchase of Demirbank, Turkey
HSBC Holdings PLC said it has signed a deal with the Savings Deposits Insurance Fund in Turkey for the acquisition of Demirbank TAS for $350 million in cash.
09:15 Thursday 20th September 2001
Highbury House unit buys business to business titles from DMG World Media
Highbury House Communications PLC said unit Cumulus Business Media Ltd has bought DMG World Media Ltd's subscription and controlled circulation Power Portfolio of magazines, which includes International Power Generation, European Power News Asian Electric
09:05 Thursday 20th September 2001
Bayer denies to take on StarLink risks in Aventis CropScience deal
LEVERKUSEN, Germany (AFX) - Bayer AG denied that it is to take on the guarantee risks associated with genetically modified corn StarLink as part of its acquisition of Aventis CropScience (ACS), as reported in Financial Times Deutschland.
08:39 Thursday 20th September 2001
AFX European press summary - Wednesday
Summary of European press headlines for today, Thursday, Sept 20:
08:31 Thursday 20th September 2001
Seascope Shipping to buy braemar tankers; reaches pretax profit in H1
Seascope Shipping Holdings PLC said it has agreed to buy Braemar Tankers Ltd for £7.3 million and announced that it moved into profit at the first-half stage.
08:13 Thursday 20th September 2001
Getmapping ups stake in Getmapping Espana to 20.3% from 2.4%
Getmapping PLC said it has agreed to increase its interest in Getmapping Espana SL (GME), a Spanish company that was established to create and market the first high resolution seamless digital aerial map of Spain, to 20.3%.
08:03 Thursday 20th September 2001
Pacific Dunlop sells automotive distribution ops for 251.5 million aud
Pacific Dunlop Ltd said it has sold its Australian and New Zealand automotive distribution businesses for 251.5 million aud to a company owned and funded by institutional investors including Gresham Private Equity, Private Equity and Macquarie Direct I
07:43 Thursday 20th September 2001
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