Belgian state becomes shareholder in securities manager EuroclearFriday, 09 November 2018 15:41
Both daily publications are saying that the transaction took place through the Federal Corporation for Shares and Investments (the “SFPI”). The total value of the transaction is €120 million, which thereby gives Euroclear a total value of €5.85 billion.
Euroclear regulates the securities transactions of 2,000 major investors, such as global pension funds and insurers. The company looks after nearly €29 trillion in securities deposited by clients with the institution.
The company is on the point of moving its headquarters in Brussels. The Belgian state is counting upon generous dividends, which amounted to €123 million last year.
The Brussels Times
Theo Francken, a Flemish nationalist candidate in Belgium’s parliamentary elections, said that if Sunday’s vote confirmed a trend of partisan differences between the country’s regions, confederalism would have to be put on the negotiating table.
Archaeologists from the Katholieke Universiteit Leuven (KU Leuven) in collaboration with the Turkish University of Burdur have reconstituted the faces…
The language skills of college students are declining, according to research by Odisee, reported by De Standaard on Monday.
The Brussels’ Saint-Jacques neighbourhood, a preferred nightlife spot for members of the LGBTQ community, has created a nightlife charter, the…
On thirty different locations all over Brussels, the movement Fifty Shades of Racism used graffiti tags to show that racism…