BlackRock withdraws from Carige bank rescue bid

Source: Dukascopy Bank SA
BlackRock has withdrawn from the Italian bank Carige's proposed rescue bid, lifting prospects for Rome to enter the costly state bailout, adding the lender would evaluate other market solutions to ensure stability and turnaround of Banca Carige.
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Thu, 09 May 2019 08:34:35 GMT

SoftBank doubles dividend pay-out

On Thursday, SoftBank announced that the bank is doing a stock split. Although, the dividend per share is going to remain unchanged. This will effectively double the pay-out that the shareholders will receive.

Thu, 09 May 2019 07:35:03 GMT

DP World buys Canada's Fraser Surrey Docks

One of the biggest port operators in the world, DP World, announced on Thursday it would acquire Fraser Surrey Docks, Canada's marine terminal from the Macquarie Group fund in a deal potentially valued under $300M.

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