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Nasdaq Raises Offer Price in Battle to Take Over Oslo Bors
The U.S. exchange operator increased its bid by 3.9 percent to 158 kroner a share for Oslo Bors VPS.
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Nasdaq Outbids Euronext in Battle for Norway's Oslo Bors
Nasdaq offered to buy Oslo Bors VPS Holding ASA for 152 kroner a share, valuing the target at 6.54 billion kroner ($770 million).
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Euronext Makes $712 Million Takeover Offer for Oslo Bourse
Euronext Chief Executive Officer said the company has 650 million euros to spend on acquisitions from existing cash and debt,
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Fear in Border Villages after Pakistani Shelling Leaves 3 Dead in Jammu
Three people including two women have been killed, and 22 others injured at the international border in RS Pura, where guns have not fallen silent since Thursday night, there was heavy exchange of fire between the Border Security Force and the Pakistan Rangers.
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2 Indian peacekeepers injured in attack on UN base in South Sudan
Two Indian peacekeepers have been injured in a "deadly and unprovoked" attack by a mob of armed men on civilians sheltering inside a UN base in the war-ravaged town of Bor in South Sudan.
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BoR Board to approach RBI on merger issue
Uncertainty over the validity of the poll conducted by Bank of Rajasthan shareholders over the issue of its merger with the country's second largest lender, ICICI Bank continued today with BoR's Board deciding to approach the Reserve Bank to seek the regulator's view on the matter. BoR's RBI-appointed Managing Director and CEO, G Padmanabha...
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ICICI Bank shareholders approves BoR merger
The country's largest private sector lender ICICI Bank on June 22 said its shareholders have approved the merger of Bank of Rajasthan with itself. The shareholders of the bank approved the amalgamation of Bank of Rajasthan with ICICI Bank at the extraordinary general meeting held at Vadodara yesterday, the bank said in a statement.
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BoR unions urge RBI to block merger
The employee unions of the troubled Bank of Rajasthan (BoR) have sought the intervention of the Reserve Bank to stall the proposed merger with ICICI Bank. United Forum of Bank of Rajasthan Unions convenor Gopal Dass Gupta said the forum has urged RBI Governor D Subbarao to look into the proposed merger. "BoR and ICICI Bank have deep di...
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SC refuses to hear BoR shareholders' plea against merger
A two-judge vacation bench of the Supreme Court on May 31 declined to hear a petition filed by shareholders of the Bank of Rajasthan, who were objecting to the financial institution's merger with ICICI Bank. The bench, comprising Justice G S Singhvi and C K Prasad, said that the petitioners may approach another bench as it will not entert...
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Hit by provisions, BoR posts Rs 92 loss in Q4
The crisis-struck Bank of Rajasthan (BoR), which is set to be taken over by ICICI Bank, on Friday announced a hefty Rs 92.3 loss in the March quarter against Rs 2.9 crore profit in the year-ago period, on higher provisions for mounting bad loans and employee benefits. For the full year period ending March 2010, the Udaipur- based bank poste...
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ICICI, BoR post gains on merger approval
Shares of ICICI Bank on Monday jumped 2 per cent after its board approved the merger deal between itself and the Bank of Rajasthan, whose shares soared a fresh 10 per cent on the BSE. ICICI Bank shares jumped 2 per cent from its previous close to a high of Rs 852 on the BSE in the morning trade. Meanwhile, continuing its upward rally s...
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ICICI acquires BoR in no cash merger deal
In a move that would help it expand overnight by 25 per cent, the largest private sector bank ICICI has announced to acquire Bank of Rajasthan through a no-cash merger deal that is valued at about Rs 3,000 crore. The acquisition, approved by the boards of the two entities, would be executed by ICICI by offering its 25 shares for every 118 s...
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Bank of Rajasthan at year high on BSE
Shares of ICICI Bank on Thursday plunged 1.17 per cent on concerns of an overvalued takeover of Bank of Rajasthan, whose shares soared to a year high. Shares of ICICI Bank fell to Rs 815, down 1.17 per cent, on the Bombay Stock Exchange. Shares of Bank of Rajasthan (BoR), which has been on a rise since the last five trading sessions, t...
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BoR doesn't need new board: CEO
The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.
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Nasdaq Raises Offer Price in Battle to Take Over Oslo Bors
The U.S. exchange operator increased its bid by 3.9 percent to 158 kroner a share for Oslo Bors VPS.
-
Nasdaq Outbids Euronext in Battle for Norway's Oslo Bors
Nasdaq offered to buy Oslo Bors VPS Holding ASA for 152 kroner a share, valuing the target at 6.54 billion kroner ($770 million).
-
Euronext Makes $712 Million Takeover Offer for Oslo Bourse
Euronext Chief Executive Officer said the company has 650 million euros to spend on acquisitions from existing cash and debt,
-
Fear in Border Villages after Pakistani Shelling Leaves 3 Dead in Jammu
Three people including two women have been killed, and 22 others injured at the international border in RS Pura, where guns have not fallen silent since Thursday night, there was heavy exchange of fire between the Border Security Force and the Pakistan Rangers.
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2 Indian peacekeepers injured in attack on UN base in South Sudan
Two Indian peacekeepers have been injured in a "deadly and unprovoked" attack by a mob of armed men on civilians sheltering inside a UN base in the war-ravaged town of Bor in South Sudan.
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BoR Board to approach RBI on merger issue
Uncertainty over the validity of the poll conducted by Bank of Rajasthan shareholders over the issue of its merger with the country's second largest lender, ICICI Bank continued today with BoR's Board deciding to approach the Reserve Bank to seek the regulator's view on the matter. BoR's RBI-appointed Managing Director and CEO, G Padmanabha...
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ICICI Bank shareholders approves BoR merger
The country's largest private sector lender ICICI Bank on June 22 said its shareholders have approved the merger of Bank of Rajasthan with itself. The shareholders of the bank approved the amalgamation of Bank of Rajasthan with ICICI Bank at the extraordinary general meeting held at Vadodara yesterday, the bank said in a statement.
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BoR unions urge RBI to block merger
The employee unions of the troubled Bank of Rajasthan (BoR) have sought the intervention of the Reserve Bank to stall the proposed merger with ICICI Bank. United Forum of Bank of Rajasthan Unions convenor Gopal Dass Gupta said the forum has urged RBI Governor D Subbarao to look into the proposed merger. "BoR and ICICI Bank have deep di...
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SC refuses to hear BoR shareholders' plea against merger
A two-judge vacation bench of the Supreme Court on May 31 declined to hear a petition filed by shareholders of the Bank of Rajasthan, who were objecting to the financial institution's merger with ICICI Bank. The bench, comprising Justice G S Singhvi and C K Prasad, said that the petitioners may approach another bench as it will not entert...
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Hit by provisions, BoR posts Rs 92 loss in Q4
The crisis-struck Bank of Rajasthan (BoR), which is set to be taken over by ICICI Bank, on Friday announced a hefty Rs 92.3 loss in the March quarter against Rs 2.9 crore profit in the year-ago period, on higher provisions for mounting bad loans and employee benefits. For the full year period ending March 2010, the Udaipur- based bank poste...
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ICICI, BoR post gains on merger approval
Shares of ICICI Bank on Monday jumped 2 per cent after its board approved the merger deal between itself and the Bank of Rajasthan, whose shares soared a fresh 10 per cent on the BSE. ICICI Bank shares jumped 2 per cent from its previous close to a high of Rs 852 on the BSE in the morning trade. Meanwhile, continuing its upward rally s...
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ICICI acquires BoR in no cash merger deal
In a move that would help it expand overnight by 25 per cent, the largest private sector bank ICICI has announced to acquire Bank of Rajasthan through a no-cash merger deal that is valued at about Rs 3,000 crore. The acquisition, approved by the boards of the two entities, would be executed by ICICI by offering its 25 shares for every 118 s...
-
Bank of Rajasthan at year high on BSE
Shares of ICICI Bank on Thursday plunged 1.17 per cent on concerns of an overvalued takeover of Bank of Rajasthan, whose shares soared to a year high. Shares of ICICI Bank fell to Rs 815, down 1.17 per cent, on the Bombay Stock Exchange. Shares of Bank of Rajasthan (BoR), which has been on a rise since the last five trading sessions, t...
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BoR doesn't need new board: CEO
The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.
