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Tag: bank
Seven West Media Given Buy Rating at Bank of America Corp.
2013-10-11 14:58:48| Paper - Topix.net
's stock had its "buy" rating reaffirmed by stock analysts at Bank of America Corp. in a report issued on Thursday, ARN reports.
Deutsche Bank, Russia fund to invest in Rostelecom
2013-10-11 09:58:00| Telecompaper Headlines
(Telecompaper) The Russian Direct Investment Fund (RDIF) and Deutsche Bank announced a joint investment in Russia's national telecom operator, Rostelecom. The two parties will invest a total of RUB 7.674 billion on a parity basis, which will be used to further develop and strengthen the company's market position. All boards have approved the deal. The investors will acquire 72.2 million shares in Rostelecom from its subsidiary Mobitel. The deal also includes call and put options giving Rostelecom a portion of any profits from an increase in value of the shares. As part of the same terms the investors will receive protection against a decrease in the price of the shares. RDIF, a subsidiary of Vnesheconombank, said the Russian economy and its growing demand for broadband offer a good opportunity for investment. The deal also capitalizes on the recent changes in Rostelecom's corporate governance and development strategies, following its merger with the state telecoms holding company Svyazinvest.
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russia
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deutsche
Russian fund, Deutsche Bank to buy joint stake in Rostelecom
2013-10-11 02:00:00| Total Telecom industry news
Companies to plough $238 million in bid to strengthen operator's market position.
Bank of America joins Stanfords Global Climate & Energy Project
2013-10-10 12:30:30| Green Car Congress
Tags: project
global
america
energy
World Bank to help India investment
2013-10-10 06:03:35| BBC News | Business | UK Edition
The International Finance Corporation (IFC), the World Bank's investment arm, unveils plans to raise $1bn (630m) by selling Indian rupee-linked bonds.
Tags: world
bank
india
investment
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