Drexel Burnham Lambert
Alpha expects final bids for business loans
Alpha Bank is awaiting binding offers from three short-listed investors for the concession of its nonperforming corporate loan portfolio dubbed "Neptune," testing investor interest in the largest portfolio of secured corporate loans put up for sale by a Greek lender to date.
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Alpha Bank in deal to sell 1.0 bln euros pool of sour loans
Greece's fourth-largest lender Alpha Bank said on Thursday it clinched a deal to sell 1.0 bln euros of Greek small business non-performing loans with a consortium of funds managed by Apollo Global Management and the IFC.
Serbian Telecoms Sell-Off Conflict of Interest Denied
Financial advisory firm Lazard told BIRN that it has not signed a strategic partnership deal with US investment fund Apollo Management, a potential buyer of Telekom Srbija, contrary to allegations in Serbian media.
"Lazard never formed a strategic partnership with Apollo," said Richard Creswell, Lazard senior vice-president at Lazard.
ForMin Aurescu meets Vice President of Brent Scowcroft Center for International Security
Minister of Foreign Affairs, Bogdan Aurescu, on Saturday, on the sidelines of the Munich Security Conference on international security policy, had a meeting with Ellen Tauscher, Vice President of the Brent Scowcroft Center for International Security, also a member in the Executive Committee of the Atlantic Council of the United States and chief negotiator for the Agreement between Romania and t