Euronext wants majority stake in Lithuanian stock exchange
Published:
13 February 2004 y., Friday
Euronext, an alliance of bourses from Paris, Amsterdam, Brussels and Lisbon, in consortium with Warsaw bourse GPW and domestic deposit of securities KDPW should take part in the tender for purchasing 54.5% shares in the Lithuanian stock exchange and a 32% stake in Central Deposit of Securities worth $1.2 million and $1.5 million respectively.
"We hope that participation in the consortium with a strong European market will increase our chances of winning the tender," said Włodzimierz Magiera, deputy president of GPW. He refused to say whether negotiations were also carried out with other bourses. "The situation in which two exchanges are trying to buy the third one does not limit any options for privatizing the Warsaw bourse," said Magiera.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Bank DnB NORD A/S increasing its holdings in its Lithuanian subsidiary to 99.84 percent through acquisition of shares from minority shareholders.
more »
AB Bank SNORAS will grant LTL 35 million for financing the small and medium businesses on the exclusive conditions.
more »
Rejecting survival plans from both General Motors and Chrysler, President Barack Obama warned the ailing US automakers they could be forced into bankruptcy if they don't find a way to slash their debt.
more »
Prevailing wisdom says when the going gets tough the weary go drinking. The demand for beer exceeds the demand for all other alcoholic beverages in USA.
more »
Things have been moving slowly for Swiss watchmakers in recent months. The global economic downturn has hit the country's third most important industry hard.
more »
The move came a day before the U.S. government was due to outline new steps to help GM and Chrysler as part of the federal bailout.
more »
With the European year of creativity and innovation in full swing, leading figures warn against cutting back on research and development in times of crisis.
more »
Wall Street has been looking for signs of a bullish comeback, and today's surprise news on the economic front revived a buying spree... started by Monday's 7% rally.
more »
With the economic crisis eating away at public finances, budget deficits in five countries are expected to exceed the 3% of gross domestic product allowed by the EU.
more »
China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
more »