Real estate
GTC may buy out minority shareholder
of CEE units
Globe Trade Centre may have to buy out Deutsche Bank minority stakes in three operating units in Hungary, Romania and Serbia. FIC Globe, a real estate fund controlled by Deutsche Bank, has both put and call options on its 8.4 - 8.6 percent stakes in the three firms based on several deals signed before GTC went public last year.
Equity markets
M&A activity up 120 pct. last year, PcW says
Mergers & acquisitions activity has increased 120 percent last year compared to 2003, PricewaterhouseCoopers said in a report yesterday. According to data compiled by PcW, total value of M&A deals more...