AMSTERDAM (Reuters) – Former Liberian President Charles Taylor will on Wednesday tell judges he bears no responsibility for atrocities during Sierra Leone’s 11-year civil war, rejecting the prosecution’s demand for an 80-year sentence in a maximum-security British jail.
Taylor, convicted last month of aiding and abetting crimes against humanity in Sierra Leone’s conflict, is the first head of state to be found guilty by an international tribunal since the Nazi trials at Nuremberg.
AMSTERDAM (Reuters) – The Hague war crimes prosecutor announced new charges on Monday against a Democratic Republic of Congo general accused of conscripting child fighters and an arrest warrant for a militia leader.
Luis Moreno-Ocampo of the International Criminal Court said he has asked for additional charges to be filed against Bosco Ntaganda, who is wanted in The Hague for war crimes, and has requested an arrest warrant for Sylvestre Mudacumura, the leader of FDLR militia operating in the Kivu provinces in the DRC.
AMSTERDAM (Reuters) – Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) has emerged as one of the biggest shareholders in KPN (KPN.AS: Quote, Profile, Research, Stock Buzz), the Dutch telecoms group that Mexican billionaire Carlos Slim has set his sights on as a stepping stone into Europe.
A filing with Dutch financial market regulator AFM shows that Morgan Stanley has the equivalent of 10.01 percent in KPN, ranking behind The Capital Group Companies.
AMSTERDAM (Reuters) – Dutch telecom KPN NV hit back at a surprise move by America Movil to raise its stake in the group, saying the Mexican company’s 3.2 billion euro ($4.2 billion) offer was substantially undervalued.
America Movil, controlled by billionaire Carlos Slim, wants to boost its stake to as much as 28 percent as part of a long-term investment strategy that would give it a foothold in Europe after running out of opportunities to expand in Latin America.
AMSTERDAM (Reuters) – America Movil, the telecoms group controlled by Mexican tycoon Carlos Slim, offered to buy a stake worth up to 3.2 billion euros ($4.2 billion) in Dutch telecoms firm KPN as a base for potential expansion in Europe.
America Movil, which is seeking up to 28 percent of KPN, said it sees the move as a long-term investment that would give it a presence in Europe at a time when the Mexican group has run out of opportunities to expand at home, its chief financial officer said on Tuesday.
AMSTERDAM, May 7 (Reuters) – Dutch food ingredients company
CSM has put its bakery supplies unit up for sale to
focus on more profitable food and chemical products based on
natural ingredients such as sugar.
The world’s largest bakery products supplier had come under
pressure to restructure and improve its performance as it was
hit by weak consumer spending in Europe and North America and
soaring prices for ingredients such as wheat and sugar.
AMSTERDAM (Reuters) – Dutch food and chemicals group DSM (DSMN.AS: Quote, Profile, Research, Stock Buzz) is buying U.S. medical device-maker Kensey Nash Corp (KNSY.O: Quote, Profile, Research, Stock Buzz) for $360 million to strengthen its biomedical business, leaving it with plenty of cash for more deals.
Kensey Nash’s medical devices and biomaterials are used in cardiology, spinal and general surgery. Its best-known product, AngioSeal, is used by doctors to close punctures made in arteries, for example after using a catheter for angioplasty.
AMSTERDAM, May 3 (Reuters) – Dutch food and chemicals group
DSM is to strengthen its biomedical business after
agreeing an all-cash deal for U.S. medical device-maker Kensey
Nash Corp valued at about $335 million.
Kensey Nash’s medical devices and biomaterials are used in
cardiology, spinal and general surgery, and include bone cement
used to stimulate bone growth and screws used in sports
AMSTERDAM (Reuters) – Dutch lender Rabobank is reviewing options for its fund management arm, including a possible sale which could fetch as much as 2 billion euros as it strives to meet new capital rules aimed at preventing a repeat of the 2008-9 financial crisis.
A spokesman for the cooperatively-owned bank said on Friday it was reviewing “strategic options” for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.
AMSTERDAM, April 25 (Reuters) – The Netherlands has called
an election for September 12, leaving the country open to months
of political and economic uncertainty after the government
collapsed in a row over budget cuts that are needed to meet
strict EU limits.
The euro zone’s fifth-largest economy has been one of its
most stable but plunged into political crisis on Monday, when
the government lost the support of its main ally, becoming a
victim of growing resistance to EU-imposed austerity.