[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…
Tag: Divestitures / Spin-Offs
German state ready to buy company stakes to protect core industry
[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…
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…
Credit Suisse to move Dutch investment banking team to London – source
[ad_1] LONDON, Feb 6 (Reuters) – Credit Suisse is relocating its Dutch investment banking team from Amsterdam to London as the Swiss bank seeks to improve efficiency and profitability, a…
Italy’s Serie A picks CVC-led group for exclusive talks on media unit: sources
[ad_1] By Elvira Pollina, Elisa Anzolin MILAN (Reuters) – Italy’s Serie A soccer clubs have agreed to enter exclusive talks with a private equity fund consortium led by CVC for…
Telecom Italia aims to sell stake in Vodafone Italian tower tie-up: CEO
[ad_1] FILE PHOTO: Alitalia special commissioner Luigi Gubitosi talks during a news conference at the Alitalia headquarters at Rome’s Leonardo da Vinci-Fiumicino Airport, Italy May 10, 2017. REUTERS/Remo Casilli BARCELONA…
Britain to scrutinise Arm takeover
[ad_1] LONDON (Reuters) – Britain’s government will scrutinise a deal by Nvidia Corp NVDA.O to buy British chip designer Arm including what it might mean for the company’s headquarters in…
Investec expects 189 million pounds from asset management spin-off in March
[ad_1] JOHANNESBURG/LONDON (Reuters) – Anglo-South African financial services group Investec INVP.LINLJ.J expects to raise about 189 million pounds from the sale of around 10% of its asset management business, which…