investment-managers
HeadlinesRoche sees high single-digit core profit growth in 2025
HeadlinesGermany's scholz calls trump's gaza resettlement plans unacceptable
FinanceRyanair expects boeing to lift 737 MAX output to 38 a month by end of summer
FinanceHedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs
Generali board approves MoU in asset management deal with BPCE's natixis, sources say
Date: January 20, 2025
MILAN (Reuters) - The board of Italy's top insurer Generali has approved a memorandum of understanding (MoU) that paves the way for an asset management deal with BPCE's Natixis Investment Managers to...
Generali aims to ink initial asset management deal with natixis by jan. 20, sources say
Date: January 15, 2025
MILAN (Reuters) - Italy's top insurer Generali aims to reach a preliminary accord with Natixis Investment Managers to combine their asset management operations in order to submit the deal to its board...
BNP paribas signs €5.1bn share purchase agreement for axa IM
Date: December 23, 2024
BNP Paribas has formally signed the previously announced €5.1bn ($5.3bn) share purchase agreement for Axa Investment Managers. Axa and BNP Paribas Cardif entered into exclusive negotiations in August to offload Axa’s asset management division. The signing of the share purchase agreement follows the completion of the information-consultation procedure on strategic issues with the relevant employee...
Rio tinto shareholders call for resolution on review of dual-listed structure
Date: December 19, 2024
(Reuters) -Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto’s dual-listed model, in a bid to unify the miner’s corporate structure. Earlier this month, UK-based Palliser pushed Rio Tinto to abandon its primary London listing and unify its corporate structure in Australia, saying about...
Germany’s uniper raises 2024 outlook after disputes settlement
Date: November 28, 2024
(Reuters) -German state-owned utility Uniper raised its full year 2024 adjusted EBITDA outlook on Wednesday to a range of 2.5 billion euros ($2.64 billion) to 2.8 billion euros due to the settlement of legal disputes. Settling the legal disputes will release funds that were set aside for this purpose, which will show in the fourth-quarter...
Thyssenkrupp: Expert opinion gives positive view for steel business
Date: November 25, 2024
DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a positive view on its ability to continue as a going concern, the parent company said on Sunday. Thyssenkrupp said in a written response to a Reuters query that on the basis of the report, the parent company...