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Financials Headlines

Fitch: No Impact on Liberty Bank's Ratings From Change of Control

(The following statement was released by the rating agency) MOSCOW, October 20 (Fitch) Fitch Ratings says that the recent announcement by Georgia's JSC Liberty Bank (LB, B+/Stable/b+) of the change in its controlling shareholder to European Financial Group B.V. (EFG) should be neutral for the bank's ratings. As a result of the ownership change, 74.64% of LB's voting ordinary shares came under the control of Netherlands-based EFG, the ultimate beneficiaries of which are three individuals - Irakli

ASR shares jump on report it rebuffed Aegon

Shares of Dutch insurer ASR jumped briefly in afternoon trading on Friday after Bloomberg reported that Aegon had approached the company for a possible takeover but was rebuffed.

Fitch Withdraws Hospices Civils de Lyon's Ratings

(The following statement was released by the rating agency) PARIS, October 20 (Fitch) Fitch Ratings has withdrawn French public hospital Hospices Civils de Lyon's (HCL) 'AA' Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) with Stable Outlook and 'F1+' Short-Term Foreign Currency IDR. Fitch has also withdrawn the 'F1+' rating on HCL's EUR85 million French commercial paper programme (Titres de creances negociables; TCNs) KEY RATING DRIVERS Fitch has withdrawn the ratings as HCL h