mergers-and-acquisitions
Top StoriesTwitter’s account of deal shows musk signing without asking for more info
Top StoriesTurkey’s FLO in talks to take over reebok’s stores in Russia – chairman
Top StoriesAnalysis: European dealmakers face shrinking debt options as recession risk looms
Top StoriesAnalysis: Deal-making frenzy comes to london’s west end
Lufthansa examines ITA airways as finance data opened to bidders
Date: May 5, 2022
By Zuzanna Szymanska and Francesca Landini FRANKFURT (Reuters) – Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the German carrier’s chief executive said on Thursday. Prospective bidders for ITA Airways have had access to...
Germany urges vestager to consider company breakups in EU antitrust reforms
Date: May 4, 2022
By Foo Yun Chee BERLIN (Reuters) – EU antitrust rules should be beefed up to allow regulators to break up companies for serious breaches, German State Secretary Sven Giegold said on Wednesday, urging EU competition chief Margrethe Vestager to consider this when reforming regulations. Rules known as Regulation 1/2003, in force since 2004, have allowed...
Russian cenbank supports merger of sanctioned banks otkritie and VTB
Date: April 29, 2022
(Reuters) – The Russian central bank supports the consolidation of VTB, Otkritie and RNCB, the three state-run banks targeted by U.S. sanctions, Central Bank Governor Elvira Nabiullina said on Friday. Russian authorities were considering the consolidation of Russia’s second-largest lender VTB with state-controlled banks Otkritie and RNCB, Kommersant daily reported earlier on Friday, citing sources....
UnitedHealth to sell change healthcare’s claims business for $2.2 billion
Date: April 25, 2022
(Reuters) -UnitedHealth Group has agreed to sell Change Healthcare’s claims editing business for $2.2 billion in a move some analysts say could ease regulatory hurdles in the way of an $8 billion merger between the healthcare companies. Earlier this year, the U.S. Department of Justice (DoJ) sued to stop the acquisition for giving UnitedHealth access...
France’s iliad eyes telecom italia’s consumer services unit – sources
Date: April 13, 2022
By Elvira Pollina and Mathieu Rosemain MILAN (Reuters) -Iliad is considering buying into Telecom Italia’s (TIM) domestic consumer services operations as part of the French phone group’s push to strengthen its Italian business, two sources familiar with the matter said. Iliad is weighing the investment as TIM works on a turnaround plan centred around a...
Credit agricole stake in italy’s banco BPM sparks bid speculation
Date: April 8, 2022
By Valentina Za and Andrea Mandala MILAN (Reuters) -France’s Credit Agricole has become the single largest investor in Banco BPM after buying a 9.2% stake, raising the prospect of a full takeover bid and sending shares in Italy’s third-largest lender sharply higher. The move increases the French group’s exposure to its main foreign market, where...