Belgian bancassurance group Belfius has reported pre-tax net income of €473m for the first half of 2018 (€335m post-tax), the banking segment contributing at €274m while the insurance branch posts net income of €199m. Belfius’ revenue has grown 3.3% year-on-year to €1.17bn, mostly driven by insurance revenues. Other revenues have been either stable or have […]
Franco-German group Oddo&Cie has announced the closing of its squeeze-out and the withdrawal of BHF Kleinwort Benson Group’s shares. Oddo&Cie held 128,563,590 BHF KB shares, representing 97.22% of the outstanding BHF KB shares at the end of the initial acceptance period for the counterbid on 10 February. The firm has proceeded to a squeeze-out which has ended on 11 […]
EnterNext, the Euronext subsidiary promoting small and medium sized companies, has launched a solution aimed at making the access to capital easier for Dutch small companies. The funding will provide a broader investor base for Belgian and Dutch family businesses and entrepreneurs. “Following a detailed review of its approach to financing of the real economy in the Belgian and […]
NYSE Euronext rang the opening bell in Brussels this morning in celebration of the opening of the Olympic Games.