Nothing but negotiation

The Gap Partnership

Merger speculation sees suspension of Banca Civica shares

Speculation of a merger resulted in Banca Civica shares being pulled from trading.

26 January 2012

Speculation that Banca Civica would look to merge with another firm - a process that could require negotiation consultants - resulted in the Spanish bank's shares being suspended from trading.

The Financial Times reported the company could seek to combine with other institutions to cope with an expected proposal from the nation's government, which intends to force banking groups to clean their balance sheets by realising larger losses on their real estate loans.

When the enterprise stated it had not yet reached an agreement with the unnamed organisations it was discussing the possibility of a merger with, the suspension was lifted.

"In the Spanish banking system's current process of restructuring, [Banca Civica], like most banks, is studying options with various different entities," the Wall Street Journal quoted the corporation as saying in a regulatory filing.

Its shares already experienced an intraday gain greater than ten per cent during Wednesday trading and had risen another three per cent before they were pulled on Thursday.

Posted by Ken Hayes

Source: Financial Times, Thursday January 26th

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more