U K
The information below comes from the
UK Activity Report.
The Treasury has re-opened negotiations with the Exchequer Partnership, made up of Bovis, Hambros and Stanhope, for the refurbishment of its listed Whitehall building. 09-Oct-1998
Network Holdings, the corporate investigation division of Hambros, is facing a possible takeover bid from Decision Strategies Fairfax International, the US firm that is looking for ways to expand into the UK. 22-Jul-1998
HEV, the venture capital business of the former Hambros Bank, has been bought out by a new independent company called Duke Street Capital. 30-Jun-1998
Investec of South Africa is to acquire Hambros for £428m, which will give it stakes in two fund management companies, a private equity operation, and a number of investment stakes. 01-May-1998
Hambros is planning to demerge its 51% stake in the Hambro Countrywide chain of estate agents, and has identified a number of potential bidders for the remaining shell of the merchant banking group. 18-Apr-1998
Societe Generale of France has completed the acquisition of Hambros Bank for £300m, and it is expected to cut hundreds of jobs and sell Hambros' bond operations to Royal Bank of Canada. 28-Feb-1998
Hambros shareholders have approved plans to sell the banking division to Societe Generale de France for £300m, and the deal could be completed by March. 15-Jan-1998
Hambros has agreed the sale of its banking business to Societe Generale of France for £300m, and the rest of its business will be wound down. 20-Dec-1997
Hambros has sold its corporate loan business to Generale de Banque of Belgium for a sum thought to be less than £10m. 19-Dec-1997
Hambros Bank is in preliminary discussions with Generale Bank of Belgium over the possible sale of some of its corporate lending operations. 04-Dec-1997
Hambros, the merchant bank, has appointed Schroders to carry out a review of its business and a restructuring of its banking operations could follow. 21-Oct-1997
Hambros has acquired Blue Green, the French-based golf course owner, through its HEV venture capital operation for £13.6m. 07-Oct-1997
Fishers International of Ireland has offered to buy Hambros' 54% stake in Hambro Insurance Services, but the approach has been rejected. 20-Aug-1997
Abbey National is to set up a Hong Kong-based bank in a joint venture with Hambros Bank and Dah Sing Financial Holdings, and aimed at the "medium-high net worth market". 21-Nov-1996
Hambros is looking to buy an international fund management business and build up its private client banking operation. 06-Jun-1996
Fidelity Brokerage of the US is negotiating to buy Hambros' futures, options and bond clearing activities. 16-Jan-1996
Hambros is restructuring its banking activities, ending equity broking in Australia and cutting corporate lending. 16-Nov-1995
Media Ventures International has gained control of Talk Radio UK, having bought stakes from CanWest, Emmis and Hambros. 03-Nov-1995
Hambros may pull out of some of its banking businesses following a review of operations. 12-Sep-1995
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The information above comes from the
UK Activity Report
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