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COPYRIGHT 2006 Asia Pulse Pty Ltd
An executive briefing on banking for Oct 2, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
AUSTRALIA'S COMMONWEALTH BANK PART OF UK WATER CO TAKEOVER GROUP
SYDNEY - Commonwealth Bank of Australia's (ASX:CBA) asset management arm is part of a consortium that has made a STG2.2 billion ($A5.5 billion, ($US4.09 billion) takeover bid for United Kingdom water firm AWG plc.
Colonial First State Global Asset Management has joined the Canada Pension Plan Investment Board, Industry Funds Management and 3i Group plc to make the off-market offer of STg15.55 cash per share for AWG, which is one of the UK's leading water companies.
BANGLADESH MICROFINANCE BODIES REQUIRED TO OBTAIN LICENSE
DHAKA - Micro-Finance Institutions (MFIs) will required to obtain a mandatory license from the newly set-up...
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