[ad_1] FILE PHOTO: The logo of the Carige bank is seen in Rome, Italy September 20, 2018. REUTERS/Max Rossi MILANO (Reuters) – A depositor protection fund financed by Italian banks…
Tag: Equity Stakes
Telecom Italia picks KKR as partner for Italian broadband
[ad_1] MILAN (Reuters) – Telecom Italia (TIM) on Thursday picked KKR as an exclusive partner to develop its ultra-broadband business, saying its board had taken positive note of a non-binding…
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…
Exclusive: BMW deal to lift stake in China venture unaffected by Brilliance parent’s debt issues
[ad_1] BEIJING/HONG KONG (Reuters) – German carmaker BMW BMWG.DE said on Tuesday there was no indication that its deal to increase its stake in its joint venture with Brilliance China…
Mercedes-Benz to lift Aston Martin stake to up to 20% by 2023
[ad_1] (Reuters) – Daimler DAIGn.DE unit Mercedes-Benz is to lift its stake in Britain’s Aston Martin AML.L to up to 20% by 2023, making it one of the struggling British…
Norway wealth fund wants to better tap growth potential of unlisted firms
[ad_1] By Gwladys Fouche, Terje Solsvik OSLO (Reuters) – Norway’s $1 trillion sovereign wealth fund, the world’s largest, should have more freedom to invest in unlisted equities, its manager said…
Dutch group DSM and France’s Avril to start plant protein output in 2022
[ad_1] PARIS (Reuters) – Dutch nutrition company Royal DSM and French agri-food group Avril said on Wednesday they would start production of rapeseed (canola)-based protein for the food industry as…
UniCredit buys 32.5% of Italy’s Esselunga real estate unit: sources
[ad_1] MILAN (Reuters) – Italy’s biggest lender UniCredit CRDI.MI has invested 435 million euros ($469 million) to buy a 32.5% stake in the company that owns the real estate assets…
Macron says French fisherman accept situation will change after Brexit
[ad_1] PARIS (Reuters) – French fishermen know they won’t get the same access to British fishing waters after Brexit, President Emmanuel Macron said on Friday, a sign of a softening…