Italy’s Intesa sells merchant payments business to Nexi, takes stake

[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…

Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share

[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…

Outsourcer Mitie says first-half more resilient than expected

[ad_1] (Reuters) – Mitie Group MTO.L said on Thursday cost cuts eased a blow to first-half profit from the earlier-announced loss of a pair of major contracts and COVID-19 driven…

Financially distressed Aeromexico gets $50 million lifeline

[ad_1] FILE PHOTO: A logo of Aeromexico is pictured inside Benito Juarez international airport in Mexico City, Mexico July 31, 2018. REUTERS/Carlos Jasso MEXICO CITY (Reuters) – Mexican airline Aeromexico…

G4S open to offers for cash business after split approved

[ad_1] By Justin George Varghese, Yadarisa Shabong (Reuters) – G4S GFS.L will look at offers for all or part of its cash transport business after its board approved hiving it…

Dutch business services firm TMF seeks London share listing

[ad_1] By Carolyn Cohn, Dasha Afanasieva LONDON (Reuters) – Business services firm TMF Group said it plans to raise 340 million euros (£302.73 million) from a London share listing in…

UPDATE 1-UK Stocks-Factors to watch on Jan 10

[ad_1] (Adds company news items and futures) Jan 10 (Reuters) – Britain’s FTSE 100 index is seen opening down 4 points on Wednesday, according to financial bookmakers, with futures down…

Outsourcer Capita’s third-quarter revenue falls on pandemic hit

[ad_1] (Reuters) – Capita CPI.L said on Tuesday it lost nearly 100 million pounds in third-quarter revenue as the COVID-19 pandemic hit its businesses, while cost cuts helped the British…

Security firm G4S slumps on annual loss after $375 million charge

[ad_1] (Reuters) – G4S GFS.L, one of the world’s largest private security firms, took a 291 million pound charge in 2019 mainly related to its UK cash business, pushing it…

German portaloo firm up for sale, private equity interested – sources

[ad_1] FRANKFURT/MUNICH (Reuters) – German portaloo firm Adco, known for its Dixi and Toi Toi brands, is up for sale with four private equity groups in the last round of…