Credit Agricole has an Egyptian unit in which the French lender owns a majority stake
25 January 2012 - US molecular biotechnology firm GeneThera Inc (PINK:GTHR) said today it had agreed to buy a majority stake
in Mexico-based molecular diagnostic company Applied Genetics SA.
In a statement, VimpelCom said it has entered into a non-binding MoU with the Algerian state and "agreed that it will consider selling a majority stake
in Orascom Telecom Algerie (OTA), subject to an acceptable price and satisfaction of other conditions.
2, Kirin said it has acquired a majority stake
in Schincariol Group by buying all the outstanding shares of Aleadri, a company that holds a 50.
That's why the other main bidder - Russia's Inter RAO - was widely expected to be picked as a buyer of the majority stake
Meanwhile, FAS had authorised also Bashkhim to buy the majority stake
Astra group previously made a SR 225 million ($68 millionA[bar]) offer to buy the majority stake
of the steel unit, which has now been approved.
The Atlanta-based company said it will take a majority stake
in Unsped Paket Servisi San ve Ticaret, while Haluk Undeger will retain a minority stake and stay on as chief executive of the joint venture.
A member of a ruling family in the United Arab Emirates has bought a majority stake
in an unnamed English Premier League football club, according to reports by the WAM news agency.
Swedish IT company Sigma AB (OMX Stockholm: SIGM B) said on Wednesday (3 September) that it has sold a majority stake
in its Danish subsidiary Sigma Connector A/S to the Swedish IT consulting company Plan B.
MANAMA: An Omani company has reportedly lost a lawsuit filed against a Bahraini firm, which it accused of illegally acquiring a majority stake
in the multi-million dollar Blue City project in Oman.
Lufthansa is continuing to withhold comment on speculation that it is considering the purchase of a majority stake
in LOT Polish Airlines even after Polish Deputy Treasury Minister Zdzislaw Gawlik told the daily Dziennik that the German carrier "is interested in a stake in LOT under the condition that, one, the transaction is fully approved by the Treasury, and two, that the Treasury sells a majority stake