equity
BankingInvestor Allocations to US Equities at Record High, to Cash at Record Low, BofA Says
InvestingExclusive-Brazilian Investor Tanure in Initial Talks With Casino Over Gpa Shares, Says Source
Top StoriesItaly’s Banca Akros Says It Handled Mps Stake Placement Properly
FinanceHolcim Completes $1.1 Billion Share Buyback
Laggard European Markets May Be 2025’s Top Recovery Trade
Date: December 16, 2024
By Naomi Rovnick LONDON (Reuters) – The year ahead is shaping up badly for Europe with its financial markets already hit hard by U.S. tariff fears and political turmoil in France and Germany, yet some investors are calling peak pessimism and hunting for bargains amid the gloom. European stocks are set to underperform the U.S....
UniCredit CEO Says $10.5 Billion Banco Bpm Bid Is Fair as Offer Becomes Binding
Date: December 16, 2024
By Valentina Za MILAN (Reuters) -UniCredit on Friday filed its buyout offer for rival Banco BPM with Italy’s market regulator, and CEO Andrea Orcel said the price was adequate. The filing makes the 10-billion-euro ($10.5 billion) all-share offer, which UniCredit announced on Nov. 25, binding and sets a price floor. UniCredit also applied to relevant...
Britain’s Frasers Launches Bid for Norway’s Xxl
Date: December 13, 2024
LONDON (Reuters) -British sportswear and fashion group Frasers on Friday launched a bid for Norwegian sporting goods retailer XXL ASA, saying it did not agree with the Oslo-listed company’s plan to issue more shares. Frasers, majority owned by Mike Ashley, said it was offering 10 Norwegian crowns ($0.9044) per share for the equity it does...
UK Investor Covalis, France’s Suez Team up for Thames Water Bid
Date: December 13, 2024
LONDON (Reuters) -Britain’s Thames Water has received a joint bid from Covalis Capital and France’s Suez Group as it seeks more than 3 billion pounds ($3.8 billion) of new equity, in the latest part of a rescue aimed at preventing its collapse. Britain’s biggest water supplier has close to 18 billion pounds ($23 billion) of...
Norway’s Wealth Fund Can Start Selling Russian Stocks, Finance Ministry Says
Date: December 6, 2024
By Gwladys Fouche OSLO (Reuters) -Norway’s $1.8 trillion sovereign wealth fund, the world’s largest, can start selling stocks it holds in Russian companies, as long as it complies with international sanctions, the deputy finance minister told Reuters on Friday. “Permission to sell the fund’s Russian stocks is given on the condition that the sale can...
Britain’s Frasers in Bid to Takeover Norway’s Xxl Asa
Date: December 6, 2024
LONDON (Reuters) -British sportswear and fashion group Frasers on Friday launched a bid to takeover Norwegian sporting goods retailer XXL ASA, saying it did not agree with the Oslo-listed company’s plan to issue more shares. Frasers, majority owned by Mike Ashley, said it was offering 10 NOK ($0.9044) a share for the equity it does...