M&As up 36%, quan­gos ready to strike

Financial Mirror (Cyprus) - - FRONT PAGE -

Merg­ers and ac­qui­si­tions were up 36% in 2004 with a to­tal value of CYP 102 mln that neared the lev­els last seen in 2002, while trade unions were ready to strike over col­lec­tive labour agree­ments and Nicosia town hall se­cured its first over­seas loan, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 602, on Jan­uary 5, 2005.

Merg­ers and ac­qui­si­tions (M&As) staged a healthy re­bound in 2004, re­cov­er­ing by 36% to CYP 102.3 mln from 75 mln in 2003, very

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