GCS Capital, Dexia deal in doubt as deadline missed
GCS Capital's proposed EUR380 million ($502 million) purchase of the Dexia's asset management arm has been thrown in to doubt after the Franco-Belgian bank ceased talks on the deal yesterday.
In a statement, Dexia said that, as the end-of-June deadline for completing the sale has been missed, it had decided to terminate the process, following discussions with GCS. This is despite the signing...
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