Modern Land tempts with discount pitch

Modern Land tempts with discount pitch

South China Morning Post Seeking to raise up to HK$944m, the mainland developer is offering shares in a low price range amid a tough listings market and tight credit. Mainland developer Modern Land (China) has taken a calculated risk with the launch of an initial...
Bankia Agrees to Sell 38.4% Stake in Inversis

Bankia Agrees to Sell 38.4% Stake in Inversis

Bloomberg 03 July 2013 Bankia agrees to sell its stake in Inversis to Banco de Madrid, a spokesman for the lender says by phone today, declining to be identified due to company policy. * Bankia may release financial details of transaction as early as July 1 before...