Dexia SA (DEXI.BR)
LONDON, Jan 18 (IFR) - The English Supreme Court has delivered a blow to Italian local authorities seeking compensation for soured derivatives trades after refusing to grant Comune di Prato permission to appeal a 2017 decision in favour of its swap counterparty, Dexia Crediop.
BRIEF-Dexia Shareholders Approve Preference Share Conversion And Profit Share Issue To French and Belgian States
* SHAREHOLDERS APPROVE CONVERSION OF COMPANY'S PREFERENCE SHARES AND ISSUE OF PROFIT SHARES TO STATES
FRANKFURT/LONDON Belgium has hired Nomura to prepare the country's third-largest bank Belfius for an initial public offering (IPO) in a deal that could value the lender at up to 8 billion euros ($9.3 billion), sources familiar with the matter told Reuters.
* SIGNS AGREEMENT WITH COGNIZANT TO COLLABORATE ON INFORMATION TECHNOLOGY AND BUSINESS PROCESS SERVICES
* H1 ANC CONSOLIDATED NET LOSS EUR 292 MILLION VERSUS LOSS OF EUR 239 MILLION YEAR AGO