|Bid||0.285 x 0|
|Ask||0.290 x 0|
|Day's Range||0.285 - 0.290|
|52 Week Range||0.275 - 0.520|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.51|
LONDON/FRANKFURT (Reuters) - Germany's No.2 lender DZ Bank plans to sell certain assets of its troubled ship and aircraft financing division DVB after receiving muted interest for the whole business, four sources familiar with the matter said. The sources, who declined to be identified due to the sensitivity of the matter, said DZ Bank, which is also the umbrella organisation of German cooperative bank chain Raiffeisen-Volksbanken, would start by selling DVB's aviation and land transport finance portfolios, followed by its shipping and offshore portfolios. Two of the sources said asset managers Apollo Global Management (APO.N) and Cerberus Capital Management were interested in the aviation segment.
April 13 (Reuters) - CWT International Ltd: * ZHU CHUNJIE HAS RESIGNED AS AN EXECUTIVE DIRECTOR * DING LEI HAS BEEN APPOINTED AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER Source text for Eikon: ...
March 29 (Reuters) - CWT International Ltd: * FY REVENUE FROM CONTINUING OPERATIONS HK$23.96 BILLION VERSUS HK$182.5 MILLION * FY PROFIT ATTRIBUTABLE HK$204.5 MILLION VERSUS LOSS OF HK$21.9 MILLION Source ...
March 29 (Reuters) - CWT International Ltd: * XU HAOHAO HAS BEEN APPOINTED AS CO-CHAIRMAN * XU HAOHAO STEPPED-DOWN AS PRESIDENT Source text for Eikon: Further company coverage:
March 13 (Reuters) - LlCwt International Ltd: * EXPECTS SUBSTANTIAL INCREASE IN PROFIT ATTRIBUTABLE FOR FY * EXPECTED RESULT DUE TO PROFITS CONTRIBUTION FROM CWT LIMITED GROUP Source text for Eikon: ...
LONDON/FRANKFURT (Reuters) - Bank of China (BOC) and Industrial and Commercial Bank of China (ICBC) are among suitors looking at a potential purchase of German transport finance lender DVB Bank, three sources familiar with the matter say. The preliminary interest by two of China's leading lenders follows a wider push by Chinese companies to scoop up assets in Europe, especially in Germany. In December, sources told Reuters that German cooperative lender DZ Bank [DETGNY.UL] was moving ahead with plans to sell its subsidiary DVB, which finances ships, aircraft, offshore oil rigs and the rail industry.
CWT International Limited (SEHK:521), a hospitality company based in Hong Kong, received a lot of attention from a substantial price movement on the SEHK in the over the last fewRead More...
CWT International Limited (SEHK:521) is a small-cap stock with a market capitalization of HK$3.70B. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...
Chinese conglomerate HNA Group has exercised its legal rights to acquire all shares from "dissenting shareholders" of Singaporean logistics firm CWT Ltd, as it moves to close the $1 billion (£0.8 billion) acquisition. HNA Belt and Road Investments Singapore, an HNA group company, will offer S$2.33 ($1.73) per share in cash to the CWT shareholders who have not accepted the tender offer, HNA's financial advisers said in an announcement on behalf of the company on Monday. The announcement comes against a backdrop of concerns about rising financing costs at indebted HNA, an airline-to-property conglomerate, whose $50 billion worth of deal-making over the past two years has sparked intense scrutiny.
Chinese conglomerate HNA , under scrutiny at home and abroad over a debt-fuelled acquisition spree, gave partially untrue or incomplete information during the takeover of Swiss airline catering firm Gategroup last year, the Swiss Takeover Board said. In a statement late on Friday, the regulator said the aviation and shipping group had failed to disclose that company executives held controlling stakes in the conglomerate and also gave incorrect shareholdings for the top two stakeholders - Bharat Bhise and Guan Jun - in the Gategroup offer prospectus. HNA said in a statement that it had provided all necessary information and the Gateway deal would not be affected.