16
Jul
Tag: valuation
15
Oct
Sofia Municipality announces sale process for 67% stake in Municipal Bank
Sofia City Council approved a resolution to sell the 67.65% of Sofia Municipality in Municipal Bank. The minimum asking price of BGN 45.7 M (EUR 23.3 M) is approximately 0.75x Book Value, in line with recent transaction valuations of comparable European banks. As of June 2017, Municipal bank had total assets of BGN 1.5 Bn […]
>> Sofia Municipality announces sale process for 67% stake in Municipal Bank
14
Oct
BASF to acquire Bayer-Crop Science Business for €5.9 Bn
BASF SE agreed to acquire the Crop Science Business of Bayer AG, a Leverkusen-based manufacturer of organic chemicals, for €5.9 Bn ($7.0 Bn) in cash. Bayer decided to divest its seed and non-selective herbicide business in an effort to alleviate authorities’ anti-trust concerns and gain approval for its takeover of Monsanto, an agrochemical and agricultural […]
>> BASF to acquire Bayer-Crop Science Business for €5.9 Bn