16 Oct 2010
(MENAFN) The Daily Telegraph reported that Qatar’s QInvest is considering selling its stake in British stockbroker Panmure Gordon.
QInvest, Panmure’s biggest shareholder, has asked investment bank Lazard to advise it on its options, including a possible sale of its 44 percent stake, the newspaper said in an unsourced report.
It said Lazard’s appointment follows last month’s announcement by larger rival Evolution Group that it was considering a bid for Panmure.
Last month, Panmure shrugged off the threat of a bid from Evolution, saying it had opportunities to grow despite making an interim loss.
Britain’s Takeover Panel has set Evolution a deadline of Oct 28 to decide on whether or not to make an actual bid for Panmure.
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more