Switzerland to develop skilled manpower in Bangladesh under a new MoU

[ad_1] Bangladesh and Switzerland on Wednesday signed a Memorandum of Understanding (MoU) to enhance skill training capacity and knowledge sharing partnership. The deal seeks to widen opportunities in Bangladesh to…

NEC to buy Swiss software firm Avaloq for $2.2 billion

[ad_1] By Makiko Yamazaki, Sam Nussey TOKYO (Reuters) – Japan’s NEC Corp 6701.T said on Monday it will buy Swiss financial software company Avaloq Group AG for 2.05 billion Swiss…

Top FCA, PSA investors tighten grip as merger approaches

[ad_1] MILAN/LONDON (Reuters) – Top shareholders in merging carmakers Fiat Chrysler (FCA) and Peugeot maker PSA have moved to tighten their grip on the combined business and head off any…

LVMH calls Tiffany’s prospects ‘dismal’ as war of words escalates

[ad_1] By Sarah White, Jessica DiNapoli PARIS/NEW YORK (Reuters) – A war of words between LVMH and Tiffany escalated on Tuesday with the French group describing Tiffany’s prospects as “dismal”…

LVMH countersues Tiffany in bid to drop $16 billion acquisition

[ad_1] (Reuters) – LVMH countersued Tiffany & Co on Monday, arguing the iconic U.S. jeweler’s financial mismanagement in the pandemic permits the French luxury goods giant to walk away from…

Italy’s Nexi to merge with SIA in pursuit of European payments

[ad_1] MILAN (Reuters) – Italy’s Nexi and SIA agreed a long-awaited merger on Monday to create a dominant domestic payments group with 1.8 billion euros ($2 billion) in revenue and…

Denmark’s Bang & Olufsen would listen to bid approaches

[ad_1] COPENHAGEN (Reuters) – Danish television and sound system maker Bang & Olufsen BO.CO would consider any bid approach from a larger rival as it seeks a response to problems…

Denmark’s DSV to buy logistics company Panalpina in $4.6 billion deal

[ad_1] By Teis Jensen, John Miller COPENHAGEN/ZURICH (Reuters) – Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending…

Orsted to sell its Danish power businesses for $3.2 billion

[ad_1] COPENHAGEN (Reuters) – Orsted ORSTED.CO has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a…

Exclusive: Italian payments firm Nexi leads race for $10 bln Nets takeover – sources

[ad_1] By Pamela Barbaglia, David French LONDON/NEW YORK (Reuters) – Italian payments technology firm Nexi NEXII.MI is leading negotiations to buy Nordic rival Nets in an all-stock deal worth about…