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acquisition

Fortis, RBS and Santander proposal to acquire ABN AMRO

Fortis, Royal Bank of Scotland and Santander submitted a joint letter dated 12 April 2007 to the Chairmen of the Supervisory and Managing boards of ABN AMRO to express the Banks' interest in putting forward a proposal for the acquisition...

#ABN AMRO#acquisition#bank

NLB acquires 50pc stake in Kasabank

The NLB Group comprises 58 companies on 18 European markets, of which 15 are banks, 11 leasing companies, 11 factoring…

#acquisition#bank#banks


Fortis finalises acquisition of Dominet Bank

Following the approval by the Polish Banking Supervisory Authority, Fortis Bank SA/NV has finalised the acquisition of 100% of the…

#acquisition#bank#financial services


Hungary factoring market grows quickly, but still lags behind

Turnover on Hungary's factoring market rose almost 45 per cent to HUF 700bn in 2007. However, less than 1per cent of…

#acquisition#bank#banks


London gives a lift to Davenham

Expansion prospects at Davenham, specialist lender to small businesses, have been brightened by the early returns from its London office, which…

#3M#acquisition#small businesses


Red Castle Recoveries sold to Nordic invoice discounter

With operations in the Nordic countries, Gothia offers arrange of invoice discounting, debt purchase and collections services across the region…

#acquisition#debt collection#invoice


Davenham appoints David Bowles as risk director

Davenham Group plc is pleased to announce the appointment of David Bowles as group risk director, a main board position,…

#acquisition#bank#management


Bibby Financial Services Group acquire Cash Reform a.s.

The Bibby Financial Services Group has announced that it has acquired Cash Reform a.s., the leading independent factoring company in the…

#acquisition#financial services#management


HSBC unit buys Taiwan's Chailease Credit Services

HSBC Holdings unit Hongkong and Shanghai Banking Corp said it has agreed to buy Chailease Credit Services Co Ltd, Taiwan's…

#acquisition#bank#receivables


Increase in acquisitions in accounts receivable management likely in...

Thanks to two blockbuster transactions in the fourth quarter, merger and acquisition activity in the Accounts Receivable Management (ARM) industry…

#acquisition#investment#management


Griswold secures major factoring deal

Platinum Funding Group has announced it has completed a two-year factoring facility for Griswold Manufacturing, worth (more…)

#acquisition#cash-flow#funding


Fortis beefs up asset finance delivery

Fortis Lease Group has acquired Captive Finance Limited. The transaction, worth approximately EUR 32 million (HKD 327 million/USD 42 million)…

#acquisition#international#leasing

Lloyds TSB Commercial Finance, Barclays and Rabobank finance acquisition...

The deal is being financed by a consortium of three major banks: Lloyds TSB, Rabobank International and Barclays on improved…

#acquisition#banks#commercial finance

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