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U.K.-listed, Kazakhstan-focused miner Eurasian Natural Resources Corp. PLC (ENRC.LN) rejected Friday an indicative cash and shares offer from a consortium of buyers on grounds that it materially undervalued the business.The FTSE-100 miner, however, said it has secured an extension from the U.K. Takeover Panel until June 3 to allow the consortium more time to revise its bid. The consortium will have to decided by then if it plans to make a revised offer.The consortium of buyers, which includes the company's three founding shareholders--Alexander Machkevitch, Alijan Ibragimov and Patokh Chodiev--and two different arms of the Kazakh state, made an conditional and indicative offer Thursday to buy the remaining 45% of ENRC's outstanding shares it doesn't already own.The two arms of the Kazakh state include the Kazakh government's Committee of the State Property and Privatization of the Ministry of Finance and JSC Sovereign Wealth Fund Samruk-Kazyna.The miner didn't disclose the details of t...
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with c...
Russia's Investigative Committee said Thursday it had opened a criminal investigation into the head of Societe Generale S.A.'s (GLE.FR) local unit for allegedly rece...
The chief executive of Societe Generale's Russian unit, Vladimir Golubkov, and another executive at Rosbank were charged on Thursday for taking bribes, the Interior ...
BNP Paribas , France's No. 1 bank, told shareholders it expects a "significant" drop in staffing levels in its home market as it moves to offset the shrinking econom...
Societe Generale SA's (GLE.FR) Russian unit RosBank (ROSB.RS) said Wednesday a police investigation is underway at its headquarters in Moscow concerning "two officer...
French bank Societe Generale's Russian unit, Rosbank, said on Wednesday it was cooperating with a police investigation into chief executive Vladimir Golubkov on susp...
The chief executive of Societe Generale's Russian unit was detained on Wednesday on suspicion of taking bribes, dealing a blow to one of the few foreign banks that h...
The chief executive officer of Societe Generale SA's (GLE.FR) Russian unit RosBank (ROSB.RS) has been detained on suspicion of illegally receiving 5 million rubles (...
The chief executive of French bank Societe Generale's Russian unit, Rosbank, has been detained on suspicion of receiving illegal payments, Russia's Interior Ministry...
Central bank intervention, the euro zone crisis and China's rise have expanded the list of data that moves markets, but surprises in measures such as PMIs and U.S. j...
Societe Generale Chief Executive Frederic Oudea's bonus rose 75 percent last year to 1.2 million euros ($1.56 million), even as France's No. 2 bank moved to cut cost...
The following is a summary of analysts' forecasts for Compagnie Financiere Richemont SA (CFR.VX) full year results, based on a poll of 12 analysts conducted by Dow J...
A Russian court Friday placed the chief executive of Societe Generale SA's (GLE.SA) local unit under house arrest for two months while police investigate bribery cha...
Fitch Ratings affirmed its credit ratings on 12 global banks as part of a periodic review, while raising its viability rating on Bank of America Corp. (BAC) on the "...
Russia's top law enforcement body said Thursday that it is charging the head of Societe Generale S.A.'s (GLE.FR) local unit with bribery.The country's Investigative ...
The head of Societe Generale's Russian unit Rosbank was formally charged with bribery on Thursday, a day after investigators released a film of him with cash piled o...
The head of Societe Generale's Russian unit Rosbank was formally charged with bribery on Thursday, a day after investigators released a film of him with cash piled o...
Societe Generale reaffirmed its commitment to Russia on Thursday and said it was cooperating with the authorities after the arrest of the head of its Rosbank subsidi...
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with c...
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