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Deutche Bank sells US daughter company for USD 2.9 bln

Deutsche Bank sold its US daughter company Deutsche Financial Services (DFS) to multinational General Electric Co. for US 2.9 bln. This divestment is in line with the Deutsche Bank´s strateg ...

Deutsche Bank sells four Center Parcs holiday villages

Leisure tycoon Hugh Osmond has agreed a £480 million sale and leaseback of four of the holiday villages owned by Center Parcs. The acquisition is through Osmond’s investment vehicle Sun Capi ...

PME Group and WPM Group in mutual share swap

The PME Group and the WPM Group swapped their minority stakes of 30% in each other. The PME Group now owns all of its shares.(source: WPM and PME)

Euro-zone unemployment stable at 8.3%

EU15 steady at 7.6%Euro-zone seasonally-adjusted unemployment stood at 8.3% in September 2002, unchanged compared to August, Eurostat - Statistical Office of the European Communities in Luxembourg - r ...

ING Real Estate wins ´Glass Award´ 2002 and ´Dutch Steelprize´ 2002

After winning the ‘Dutch Steelprize’ 2002 ING Real Estate has now won the ‘Glass Award’ 2002 for ING House.Glass Award 2002 The ‘Glass award’ is a prestigious aw ...

ABN AMRO good overall results third quarter 2002

Third quarter 2002 performance (compared to the second quarter of 2002): Revenues lower, affected by adverse currency movements and difficult markets (-8.5%) Operating expenses down driven by stringe ...

Durch economic situation unchanged

Compared to September, there was hardly any change in the economic situation in October. The economic growth rate was downwardly adjusted from earlier estimates. The volume of GDP in the second quarte ...

Growth of investments in commercial property came to a standstill

Investments in infrastructure still highIn the second quarter of 2002, enterprises invested 3.5% less in their fixed capital formation than they did last year. This means that investments are falling ...

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