corporate-strategy
How Fast-Moving De Meo Secured L’Oreal Deal to Ease Kering’s Strain
Air France Ceo: Avoiding Russia Airspace Compounds China Rivalry
Explainer-Why Gucci-Owner Kering Is Selling Its Beauty Business to L'Oreal
FinanceThyssenkrupp in 'intensive' Talks With Jindal Over Sale of Steel Unit
Gucci-Owner Kering Sells Beauty Unit to L'Oreal for $4.7 Billion as De Meo Targets Debt Pile
Date: October 19, 2025
PARIS(Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.66 billion), the company said on Sunday, as new CEO Luca de Meo moves to tackle the luxury...
Germany's BayWa Discusses Dutch Unit Cefetra With Potential Investors After Failed Sale
Date: October 19, 2025
(Reuters) -German trading group BayWa said on Sunday it is discussing the possible sale of its grain and oilseed trading branch Cefetra with a new group of investors after Dutch company PGFO failed to...
Kering Nears Sale of Beauty Unit to L'Oreal, Sources Say
Date: October 18, 2025
(Reuters) -French luxury group Kering is in advanced talks to sell its beauty division to beauty group L’Oreal for about $4 billion, the Wall Street Journal reported on Saturday, citing people...
Porsche Brings Back Suv Boss Leiters to Assume 'poisoned Chalice'
Date: October 17, 2025
By Rachel More and Nick Carey BERLIN (Reuters) -Porsche's moves to bring in ex-McLaren boss Michael Leiters to revive the luxury German carmaker were welcomed by investors, although they have no...
Cellnex Sells French Data Center Unit for 391 Million Euros
Date: October 17, 2025
(Reuters) -Spain's Cellnex said on Friday that it has signed a put option agreement to sell all its 99.99% share capital in Towerlink France to Vauban Infra Fibre for 391 million euros ($458 million)....
BBVA Chairman to Stay on as Sabadell Welcomes Bid Failure
Date: October 17, 2025
MADRID (Reuters) -The chairman of Spain's BBVA, Carlos Torres, said on Friday he would not resign despite the bank's failure to convince Sabadell shareholders to back its 16.32 billion euro ($19.1...