Qatari investment bank QInvest said on Tuesday it is setting up a $200 million fund with Fortis Bank Nederland to buy shipping assets, taking advantage of falling prices in the maritime sector.
* Ruling reverses last week's Modrikamen win * Chances of BNP Paribas deal boosted by court ruling BRUSSELS, April 10 - A Belgian court ruled on Friday that all Fortis investors were eligible to vote...
BRUSSELS, Feb 17 - Belgian's prime minister told trade unions that both scenarios were still on the table for struggling bank Fortis -- either a takeover by BNP Paribas or Fortis standing alone -- Belga...
BRUSSELS, April 20 - Shareholders opposed to the sale of stricken Belgian-Dutch group Fortis's banking business to France's BNP Paribas unveiled their vision of a viable "stand-alone" alternative on Monday. Mischael Modrikamen, a lawyer representing...
* Will not influence validity of guarantee - Dutch govt. * Guarantee was given for 5 bln euro loan on April 6 AMSTERDAM, April 16 - An in-depth investigation by the European Commission into the...
It was a setback to one of the most ambitious foreign acquisitions to date by China's fast-growing banks and insurers...
Fortis Investment Management SA, the global asset-management arm of Belgian-Dutch Fortis Group, has reduced its H-share holding in Yanzhou Coal Mining Co Ltd<600188><1171><YZC> to 4.96% from the previous 5.02%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>....
GHENT, Belgium, April 28 - Shareholders of Fortis approved the sale of assets to France's BNP Paribas in Belgium on Tuesday, bringing the carve-up of the stricken group a step closer to conclusion. In the...
GHENT, Belgium, April 28 - Shareholders of Fortis approved the sale of assets to France's BNP Paribas in Belgium on Tuesday, bringing the carve-up of the stricken group a step closer to conclusion. In the...
* To keep open attitude on Fortis restructuring plan * Shareholder vote on Fortis plan due April 28-29 * Relatively optimistic on mid- to long-term stock returns SHANGHAI/HONG KONG, April 9 - Ping An Insurance...