Credit: IDG Trading in shares of the parent company of New Zealand telecommunications company 2degrees has been halted by Canadian regulators following news of merger talks with Orcon, formerly known as Vocus NZ. The Investment Industry Regulatory Organization of Canada (IIROC) suspended trading of Trilogy International Partners on the Toronto Stock Exchange this morning...
Read MoreMasraf Al Rayan obtains shareholder approval for merger at EGM 06 Oct 2021 – 8:19 Official at the Extraordinary General Assembly of Masraf al Rayan. Doha: Masraf Al Rayan (QPSC) successfully held his Extraordinary General Assembly (EGM) practically yesterday. During the meeting, shareholders considered and adopted a number of resolutions relating to the operations...
Read MoreBy Maiya Keidan and Shariq Khan (Reuters) – Ontario’s largest electric utility, Hydro One Ltd, seeks acquisitions worth up to C $ 500 million ($ 397 million) to increase customer base and strengthen the industry fragmented, a spokeswoman told Reuters. The government of Ontario, Canada’s most populous province, is eager to lower electricity costs...
Read MoreA bank acquisition by the parent company of Consumers Energy brought in $ 1 billion for the Michigan utility giant. CMS Energy, owner of Consumers Energy, sold EnerBank USA last week and announced plans to use the profits for key initiatives within the utility company. Consumers Energy serves 1.9 million electrical customers in Michigan....
Read MoreNow that we are in the fourth quarter, bonus expectations can be calibrated. If you work in an investment banking division (IBD) of a bank, in mergers and acquisitions, or in the equity capital markets, you will likely calibrate your expectations to a very high level. Jefferies became the first major US bank to...
Read MoreHAUPPAUGE, NY, October 01, 2021 (GLOBE NEWSWIRE) – Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), is pleased to announce that Christopher Porzelt has been appointed Vice President Executive President (“EVP”) and Chief Risk Officer of the Company and Dime Community Bank (the “Bank”), the wholly owned subsidiary of the Company, having...
Read MoreNairobi, Kenya, October 1 – SBM Kenya on Thursday announced plans to merge three of its branches and two Express units effective November 1. In a statement, the company said the move was aimed at improving digital banking services, a preferred medium for many customers in the wake of the COVID-19 pandemic. The three...
Read MoreArticle 8.01. Other events At September 28, 2021, Southern Missouri Bancorp, Inc. (“Southern Missouri”), the parent company of South Shore, has entered into a merger agreement and plan (the “Merger Agreement”) with Fortune Financial Corporation (“Fortune”), which is the holding company of FortuneBank (“FB”). The Merger Agreement provides that, on the terms and subject...
Read MoreEnter Wall Street with Street Insider Premium. Claim your 1-week free trial here. Washington, DC – (Newsfile Corp. – September 29, 2021) – The Securities and Exchange Commission today indicted Jose Luis Casero Sanchez, a Spanish national and former senior compliance analyst who worked in the Warsaw, Poland office, of ‘an international investment bank,...
Read MoreMinister of Finance says law is being drafted in this regard and is in final stages AHM Finance Minister Mustafa Kamal said on Wednesday that Padma Bank’s merger with other banks could take place once a law is passed in this regard. “Of course, we can look at the proposal. But for that to...
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