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February 8, 2008 |
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* Moody's Says Spanish RMBS Shows Delinquencies Hike in Q3 2007 The total issuance of Spanish Residential Mortgage Backed Securities surged to EUR12.7 billion in third quarter 2007, says Moody's Investors Service in its latest Spanish RMBS index report. Eleven new transactions were closed during third quarter 2007... Read More |
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ALITALIA SPA: Chairman Warns of Possible Bankruptcy Alitalia S.p.A. may file for bankruptcy if the sale of the Italian government's 49.9% stake to Air France-KLM SA is blocked, Bloomberg News reports citing Il Sole 24 Ore as its source... Read More |
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ALITALIA SPA: Lazio Court to Hear AirOne Appeal February 20 The Italian Regional Administration Court of Lazio will convene on Feb. 20, 2008, to hear an appeal filed by AP Holding S.p.A., investment arm of AirOne S.p.A., to declare null and void a Dec. 28, 2007, decision of Italy's Ministry of Economy and Finance... Read More |
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FIAT SPA: Keeps Position on Jaguar/Land Rover Acquisition Fiat S.p.A. reiterated its previously stated position that it would not participate in the bidding process for the acquisition of Jaguar/Land Rover and would not buy these assets... Read More |
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FKI PLC: Melrose Confirms Making Preliminary Approach Melrose Plc confirmed that it made a preliminary approach to FKI Plc on Jan. 31, 2008, for a possible offer at 70 pence per FKI share... Read More |
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LADBROKES PLC: Acquires Eastwood Bookmakers for GBP117.5 Million Ladbrokes plc has acquired Eastwood Bookmakers, Northern Ireland's largest bookmaker, for a consideration of GBP117.5 million on Thursday, February 7, 2008. The acquisition is expected to generate EBITDA of approximately GBP11 million in the first 12... Read More |
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NORTHERN ROCK: 1,000 Jobs May be Cut Under Virgin's Rescue Bid Virgin Group may have to cut jobs at Northern Rock plc if its rescue plan for the company wins approval, the Daily Telegraph reports... Read More |
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PARMALAT SPA: Sees Up to EUR550 Million Net Profit for 2007 Parmalat S.p.A.'s Board of Directors approved its preliminary results at Dec. 31, 2007, which show further gains in the Group's operating performance and a marked improvement in its net financial position... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Europe. To receive the Full TCR-EUR please CLICK HERE.
