They are derivatives contracts between financial institutions and/or investors (an over-the-counter market
) in which the buyer pays the seller a premium to transfer the risk of default by the company or country.
Bucharest-based power infrastructure construction company Electromontaj has bought an additional 2.32% of Romanian cables maker Iproeb for a total RON1.5m, as part of a buyout bid, data from the Romanian over-the-counter market
Rasdaq showed on Monday.The stake comprises 1.1 m shares, which Electromontaj purchased for RON1.37 (USD0.4/EUR0.33) apiece.With the acquisition, Electromontaj boosted its holding in Iproeb to 33.1% from 30.79%.
Exchange prices were heard plummeting to E1.00/tonne of CO2, while the effect in the over-the-counter market
was to paralyse trading.
Following delisting AltiGen's stock is expected to relist on the OTCQX US Premier (OTCQX) over-the-counter market
, operated by OTC Markets Inc.
The publicly owned company will continue to trade under the DCZI symbol on the over-the-counter market
Unlike its competitors, The Warm Company focused on over-the-counter sales while its competitors' true focus was on manufacturing industrial products with consumer products divisions set up to sell into the over-the-counter market
. This difference led to substantial and rapid growth for The Warm Company.
Product Quest is a licensed manufacturer of skin and personal care products for the over-the-counter market
Shuichiro Sakakiyama, 34, an employee of the firm listed on the Jasdaq over-the-counter market
, and his acquaintances Takashi Yoshimura, 37, and Shingo Zenno, 38, are suspected of purchasing 25 shares in the firm for some 12.6 million yen between November and December 2005 before it announced a stock split plan on Dec.
"The agreement brings the opportunity to broaden our customer base, expand our over-the-counter product offerings and increase our manufacturing scale--all of which strengthens Leiner's ability to help grow the store brand share of the over-the-counter market
for the nation's leading retailers," Leiner president Gale Bensussen said when the deal was announced.
New shares in Air Canada, which are launched on the Toronto stock market on 4 October 2004, have risen as much as 30% on the US over-the-counter market
Waco, Texas-based Life Partners Holdings, which had traded on the over-the-counter market
since 2000, began trading on the Nasdaq Oct.
Marconi ADRs have traded on the over-the-counter market
under the ticker symbol MRCIY since May 2003, and the company is listed on the London Stock Exchange under the symbol MONI.