Printer Friendly
The Free Library
14,598,992 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

The Bank of New York Appointed Depositary Bank by BRISA.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , a global leader in securities servicing, has been selected by BRISA - Auto-Estradas de Portugal Brisa - Auto-estradas de Portugal, S.A. is Portugal's largest highway management concessionaire. Brisa was founded in 1972. Network
Brisa operates the following motorways:
  • A1 - Auto-estrada do Norte
  • A2 - Auto-estrada do Sul
, S.A. (Brisa BRISA Auto-Estradas de Portugal ), as depositary for its American depositary receipt American Depositary Receipt (ADR)

Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue.
 (ADR ADR - Astra Digital Radio ) program. Each Brisa ADR represents one ordinary share and trades on the Over-the-Counter market under the symbol "BRSAY." Brisa's ordinary shares trade on the Euronext Lisbon.

Brisa performs construction, maintenance and operation of motorways and respective service areas in Portugal on a concession basis. The Company also has interests in the development and implementation of public equipment infrastructures.

The Bank of New York is the world's largest depositary for American and global depositary receipts, allowing non-U.S. companies to offer dollar-denominated securities to investors worldwide. The Bank currently issues depositary receipts for over 1,180 American and global depositary receipt programs from issuers in over 60 countries, representing 64 percent of all sponsored programs worldwide.

The Bank of New York Company, Inc. (NYSE NYSE

See: New York Stock Exchange
: BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, investment management, and individual & regional banking services. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide. Additional information is available at www.bankofny.com.

This announcement is not an offer to sell or a solicitation of an offer to buy any securities. The offering is made only by means of the prospectus.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 14, 2005
Words:303
Previous Article:Wizzard Software Announces Oswald Pharmacy Will Carry Rex-The Talking Bottle Product Line.
Next Article:AXIS Capital Announces Increase in Quarterly Dividend and Additional Share Repurchase Authorization.



Related Articles
The Bank of New York Projects First-Half Volume for Depositary Receipts.
The Bank of New York Appoints Four Executives to Key Leadership Posts.
The Bank of New York Launches ADR INFORM, an Interactive Analytics and Reporting System for Depositary Receipt Issuers.
RBC Appoints the Bank of New York as Depositary for DR Programme.
The Bank of New York Appointed Depositary for China Techfaith's Listed Program.
The Bank of New York Appointed by Macquarie Bank Limited as Depositary Bank.
The Bank of New York Selected as Successor Depositary Bank by Royal Dutch Shell PLC; Appointment marks the Bank's 200th depositary successorship.
The Bank of New York Appointed Depositary for Patni Systems, Ltd.'s Listed Program.
British Airways Plc Appoints Citigroup Successor Depositary.
Building firm taps B of NY as successor depositary.(FINANCE)(Company overview)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles