$98m
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ZF English
Blom pays $98m for MISR Bank
Lebanese bank Blom has increased its stake in the Romanian-Egyptian MISR Romania Bank to 97.78%, after having bought 84.24% for 86.7 million dollars, an announcement sent by the institution to the Egyptian stock exchange indicates. Early in October, Blom took...
ZF English
Sidex restructuring yields $98m profit
When the Indians from LNM Holdings bought Romanian steel mill Sidex Galati in 2001, they set out to make profit by 2003. Although it was thought to be an unrealistic goal at that time, as Si...