[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: Equity Stakes
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
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…
Activist investor Acacia buys stake in UK-listed Sensyne Health
[ad_1] LONDON (Reuters) – New York-based Acacia Research Corporation said on Tuesday it had acquired an 11.8% stake in UK-listed artificial intelligence healthcare company Sensyne Health SENSS.L. Acacia which earlier…
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…
German union in show of strength as Commerzbank’s top duo exits
[ad_1] By Tom Sims, Hans Seidenstuecker FRANKFURT (Reuters) – Commerzbank’s CBKG.DE chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first…
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…
Copenhagen Airports may lay off 650 staff as crisis bites
[ad_1] FILE PHOTO: A view of an almost empty Copenhagen Airport, where normally there are 83.000 travellers a day, during the outbreak of the coronavirus disease (COVID-19), in Copenhagen, Denmark…