Monday, May 7, 2007

UPDATE 1-Millennium bcp fails in bid for rival BPI

(Reuters) - "The orders received and validated produced no effect," said Miguel Geraldes, head of markets at Euronext Lisbon.

Millennium's bid for BPI formally expired on May 4 but the offer effectively died several weeks ago when it was rejected by BPI's board, including its three leading shareholders which together hold more than 50 percent of the shares.


Read more at Reuters.com Mergers News

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