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Ahold opens new financial center in Switzerland

Ahold, the international food retailer and foodservice operator, today opened a new financial center in Geneva, Switzerland. This new center, Ahold Finance Group Suisse, focuses on inter-company finan ...

Spain's building sector consolidates

Spanish construction company Fomento de Construcciones y Contratas SA and cement maker Portland Valderrivas SA said they plan to merge, continuing the recent M&A barrage in the countryÂ's buildin ...

Hines to sell Dallas Galleria, Dallas’ largest mixed-use development

Hines, the international real estate firm, announced today plans to sell the retail and hotel portions of Dallas’ largest mixed-use complex, Galleria.Constructed in 1982 and expanded in 1985, 1 ...

Auditing books of Laurus by Casino continues

The due diligence investigation by Casino and the banks has proven to be more time consuming than initially envisaged. It is now expected that this investigation will be completed by 25th April 2002. ...

Impressive increase in result of Groothandelsgebouwen N.V.

Groothandelsgebouwen N.V. saw its objectives of 2001 realized. Profit after tax increased by 19.6% to EUR 4.7 mln, compared to a nett result of EUR 3.9 mln during 2000. Direct investment result per sh ...

Inward investment into Europe drops by 12% in 2001

US investment down by 26%The Ernst & Young's recently published European Investment Monitor revealed that the number of new investment projects into Europe in 2001 fell by 12% on 2000 figures. Cou ...

NVM: fixed mortgage rates stabilize economy and provide security to consumers

'If banks would only sell mortgages with variable interest rates as a result of new bookkeeping rules, housing expenses would be heavily dependent on interest rates. This new international regulation ...

Nieuwe Steen Investments achieves excellent results

During the first quarter of 2002 Nieuwe Steen Investments saw its total investment result increase by 33.5% to EUR 11.5 mln. Investment result per share amounted to EUR 0.40.Direct investment result w ...

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