capital-markets
FinanceEuronext Affirms M&A Interest in Spanish Bme, Nasdaq Nordic
FinanceCountry Garden Overdue Results Set to Show Steep Losses Amid Sector's Sales Slump
HeadlinesVenezuela's Maduro to Be Sworn in for Third Term as Opposition Leader Vows to Return
InvestingApple Approaches $4 Trillion Valuation as Investors Bet on AI Momentum
Norway’s Wealth Fund Invests $977 Million to Take 100% Ownership of Eight US Properties
Date: December 23, 2024
OSLO (Reuters) – Norway’s sovereign wealth fund said on Monday it has acquired additional stakes of 50.1% in eight office properties in Boston, San Francisco and Washington D.C. for $976.8 million, raising its ownership in the real estate to 100%. The deal values the portfolio at $1.95 billion, the fund said in a statement. “In...
Credit Agricole Buys Remainder of Caceis Custody and Asset Jv From Santander
Date: December 20, 2024
MADRID (Reuters) -Credit Agricole agreed to buy Santander’s 30.5% stake in custody and asset servicing entity Caceis, the banks said, in a deal that will give the French lender full control of the business. The banks, which issued separate statements on the agreement late on Thursday, did not disclose the value of the deal, which...
Private Equity Faces an Exit Problem in Europe as Bigger Deals Beckon
Date: December 20, 2024
By Emma-Victoria Farr and Andres Gonzalez LONDON (Reuters) – Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making more acquisitions, bankers and investors said. In one example, Brookfield walked away from making a...
Germany Rejects UniCredit’s Latest Commerzbank Stake Hike in Strongest Rebuke Yet
Date: December 18, 2024
By Valentina Za, Rachel More and Tom Sims MILAN/BERLIN (Reuters) -Germany rejected UniCredit’s latest Commerzbank stake increase as an “uncoordinated and unfriendly approach” on Wednesday, strongly rebuking the Italian bank. UniCredit, which angered Berlin when it emerged as Commerzbank’s biggest private investor in September, said it had raised its stake in Commerzbank to 28% using...
Sweden’s Sbb Exchanges $2.9 Billion Debt, Eyes Lower Leverage Ahead
Date: December 18, 2024
OSLO (Reuters) – Swedish real estate group SBB will have greater flexibility to divest property and to reduce its overall debt after completing a bond exchange offer on Wednesday, the company’s CEO told Reuters. The group said bondholders had agreed to an exchange of debt valued at 2.78 billion euros ($2.92 billion) in return for...
Investors Set to Vote on Vivendi’s Breakup Gamble
Date: December 6, 2024
By Gianluca Lo Nostro, Leo Marchandon and Florence Loeve (Reuters) – Vivendi will seek shareholder approval on Monday for a proposed break-up of the French media conglomerate, facing opposition from an activist investor who says the deal only benefits its top shareholder, the Bollore group. The group led by Yannick Bollore is backing a proposal...