EXCLUSIVE-Ferragamo family explores stake sale to drive Italian fashion brand revamp – sources

[ad_1] By Pamela Barbaglia, Claudia Cristoferi (Adds share price reaction, detail) LONDON/MILAN, Oct 21 (Reuters) – The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with…

Petrobras signs deal with Brazil regulator for sale of refining assets

[ad_1] FILE PHOTO: Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil December 5, 2018. REUTERS/Sergio Moraes SAO PAULO (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA…

LSE picks Euronext as preferred bidder for Borsa Italiana

[ad_1] LONDON/MILAN/PARIS (Reuters) – London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operator seeing off Deutsche Boerse and Switzerland’s Six as…

Tata Steel says puts entire UK business up for sale

[ad_1] MUMBAI, March 30 (Reuters) – India’s Tata Steel, Britain’s largest steelmaker, is considering the sale of its entire UK business to stem heavy losses, a move that would draw…

Credit Suisse promises improved returns after investor pressure

[ad_1] By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse CSGN.S set ambitious targets to reward shareholders on Thursday as CEO Tidjane Thiam responds to activist investor demands for better…

UBS to sell Austrian wealth business to LGT

[ad_1] By Brenna Hughes Neghaiwi, Oliver Hirt FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann ZURICH…

Beijing unlikely to approve ByteDance’s TikTok deal with Oracle – Global Times

[ad_1] SHANGHAI (Reuters) – A deal China’s ByteDance has struck with Oracle Corp and Walmart Inc over the future of its video-streaming app TikTok is unlikely to receive Chinese government…

Italy’s Campari seeks to enter France’s Champagne club

[ad_1] MILAN (Reuters) – Drinks group Campari CPRI.MI could become the first Italian player to enter the French Champagne sector if it successfully concludes talks to buy premium brand Lallier.…

Axel Springer in exclusive talks to sell Groupe La Centrale to Providence

[ad_1] FILE PHOTO: The logo of the German publisher Axel Springer is seen outside its headquarters in Berlin August 7, 2013. REUTERS/Thomas Peter FRANKFURT (Reuters) – German publisher Axel Springer…

Alstom gains EU okay to acquire Bombardier’s rail business

[ad_1] BRUSSELS (Reuters) – France’s Alstom SA ALSO.PA clinched EU antitrust approval on Friday to acquire Canadian rival Bombardier Inc’s BBDb.TO rail business in a deal that will elevate it…