Takeover

Published December 22, 2006

MOSCOW, Dec 21: One of the biggest Russian investment banks, Aton, has agreed to be taken over by the Italian banking group UniCredit for $424m, the Russian firm said on Thursday."Aton Capital Group announces today that it has entered into an agreement to sell 100pc of its institutional business, which includes ZAO Aton roker and Aton International Ltd, to Bank Austria Creditanstalt, a member of UniCredit Group, for $424m in cash," a statement said.—AFP

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...