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SEK 966m transferred to JM's shareholders through redemption (SE)

The acceptance period for JM's offer for redemption of shares expired on June 8, 2005. The offer involved redemption of a maximum of every 8th share held in JM at a price of SEK 285 per share. Based o ...

UniCredit and HVB join forces to become the first truly European bank (IT/DE)

UniCredit and HVB announce that UniCredit's Board of Directors and HVB's Management and Supervisory Board approved the combination of HVB and UniCredit. The Board of Directors of UniCredit and the Man ...

Oncisa sells an office block in Madrid for 115 million (ES)

Oncisa, Once´s real estate promoter, has reached an agreement with an institutional investor advised by Axa Real Estate Investment Managers, for the sale of an office block in Madrid. The total amoun ...

Grainger Trust plc: interim results 2005 (UK)

Exciting period for company as foundations for future growth laid through: Norwich Union Home Reversion distribution agreement – purchases could reach £180m by December 2006, £58.5m acquisition of ...

Babis Vovos: preliminary leasing agreement with Village Roadshow (GR)

Babis Vovos International Construction (BVIC) is pleased to announce that it has signed a preliminary leasing agreement with Village Roadshow, the leading Australian international media and entertainm ...

Tornet is selling shopping centres in Västerås and Uppsala (SE)

Fastighets AB Tornet is selling MultiCenter in Västerås and S:t Per in Uppsala for a total price of SEK 1,637 million (approx. €185 million). The purchase price exceeds the book value by SEK 64 mil ...

Pandox sells 12 hotel properties with capital gain (SE)

Pandox has signed an agreement with NorGani Hotels ASA regarding the sale of twelve hotel properties, all of which are located in Sweden.The total purchase price amounts to SEK 1.1 billion (over €124 ...

Two new members on the Klépierre Executive Board (FR)

At the Klépierre Supervisory Board meeting of June 1, 2005 chaired by Dominique Hoenn, two new members were appointed to the Klépierre Executive Board: Jean-Michel Gault and Laurent Morel. This brin ...

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