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Ageas NV (AGES.BR)

AGES.BR on Brussels Stock Exchange

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20 Jul 2018
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Tue, Jul 17 2018

Dutch court approves $1.5 billion Fortis shareholder deal – but there’s a catch

Grant & Eisenhofer issued a press release Friday, hailing a Dutch appellate court’s approval of a $1.5 billion shareholder settlement with the international insurance company Ageas, the successor company of Fortis, a Dutch-Belgian financial services business that allegedly over-invested in U.S. mortgage-backed securities before the subprime crash. As G&E’s press release pointed out, the Fortis settlement – which follows seven years of litigation – is the biggest-ever for shareholders

Malaysia's IHH Healthcare nears takeover of Fortis with $1.1 billion bid

MUMBAI/KUALA LUMPUR Malaysia's IHH Healthcare Bhd is set to take control of India's Fortis Healthcare after its bid of up to $1.1 billion was chosen over a rival's, giving it ownership of over 30 hospitals amid a private healthcare boom in India.

Malaysia's IHH Healthcare nears takeover of India's Fortis with $1.1 billion bid

MUMBAI/KUALA LUMPUR Malaysia's IHH Healthcare Bhd is set to take control of India's Fortis Healthcare after its bid of up to $1.1 billion was chosen over a rival's, giving it ownership of over 30 hospitals amid a private healthcare boom in India.

UPDATE 4-Malaysia's IHH Healthcare nears takeover of India's Fortis with $1.1 bln bid

* IHH will invest 40 bln rupees at 170 rupees/shr for 31 pct stake

MEDIA-Fortis sues Singh brothers' companies over $60 mln loans - FT

-- Note: Reuters has not verified this story and does not vouch for its accuracy

Fortis weighs offers from Manipal, IHH in new bidding round

India's Fortis Healthcare said on Friday its board would look at a new round of bids from four local and international parties, after shareholders opposed a previous board decision last month to accept an offer from a consortium.

UPDATE 1-Fortis weighs offers from Manipal, IHH in new bidding round

June 1 India's Fortis Healthcare said on Friday its board would look at a new round of bids from four local and international parties, after shareholders opposed a previous board decision last month to accept an offer from a consortium.

India's Fortis board says to consider offers from four bidders

June 1 India's Fortis Healthcare said on Friday its board had decided to consider offers from four parties in a fresh round of bidding for the hospitals operator, following a fierce takeover battle involving five suitors.

Three directors quit as takeover fight for Fortis drags on

MUMBAI/LONDON Three directors of India's Fortis Healthcare have quit ahead of a shareholder vote on Tuesday to decide their future, the company said, the latest twist in a prolonged takeover for one of the country's largest hospital operators.

Three directors quit as takeover fight for Fortis drags on

MUMBAI/LONDON Three directors of India's Fortis Healthcare have quit ahead of a shareholder vote on Tuesday to decide their future, the company said, the latest twist in a prolonged takeover for one of the country's largest hospital operators.

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