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Geveke confirms profit prospects for 2002

Geveke nv has taken note of the article published in this morningÂ's issue of the Financiële Telegraaf. The management of the company distances itself emphatically from various remarks in the arti ...

Manufacturers less confident

Producers’ confidence, the sentiment indicator for the manufacturing industry, fell further in September 2002. Statistics Netherlands business sentiment survey further shows that the amount of ...

Ahold integrates Central European operations

Jacquot Boelen appointed CEO of Ahold Central EuropeAhold announces it will be integrating operations in Poland, the Czech Republic and Slovakia to create a new organization, Ahold Central Europe (ACE ...

Vallehermoso acquires Prosacyr for EUR 115 mln

Vallehermoso SA will acquire real estate company Prosacyr for EUR 115 mln. Prosacyr belongs to construction company Sacyr, which owns 23.5% of Vallehermoso.The transaction would not dilute Vallehermos ...

JP Morgan sells $933 mln real estate bonds

J.P. Morgan Chase & Co. Inc. sold on Friday about $933 million in public commercial mortgage-backed securities, supported by loans made by the bank and Canadian Imperial Bank of CommerceÂ's lendi ...

Enel to sell its real estate division

In its strategy to refocus on its core acticities as published on 12 September, 2002, the Board of Directors of Enel, the Italian electrical company, has announced that it intends to divest its real e ...

No U-turn on trust rescue, Aberdeen Asset Management insists

Troubled Aberdeen Asset Management insisted yesterday that it is pushing ahead with a compensation scheme for investors in Progressive Growth Unit Trust, with a plan that could see those who suffered ...

Der Spiegel: HypoVereinsbank to sell its real estate division

According to an article in Der Spiegel the HypoVereinsbank in Munich, Germany intends to sell its real estate division. The HVB plans a share split between the private banking activities and the real ...

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