[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Tag: Mergers / Acquisitions / Takeovers
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…
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…
Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…
DS Smith to buy Romanian packaging and paper business in $245 million deal
[ad_1] (Reuters) – Britain’s DS Smith Plc SMDS.L said on Wednesday it would acquire a Romania-based paper and packaging business for an enterprise value of about 208 million euros ($244.6…
Credit Agricole Italy head says bid for Creval is ‘fair’ – paper
[ad_1] FILE PHOTO: A Credit Agricole logo is seen outside a bank office in Vertou near Nantes, France, February 11, 2019. REUTERS/Stephane Mahe MILAN (Reuters) – A cash takeover offer…
Italy – Factors to watch on May 16
[ad_1] The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…
Mid-size bank mergers should be encouraged – Bank of Italy
[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…
Intesa offers to buy Veneto banks’ healthy assets for 1 euro
[ad_1] By Silvia Aloisi, Andrea Mandala MILAN (Reuters) – Italy’s biggest retail bank Intesa Sanpaolo ISP.MI on Wednesday set tough conditions on an offer to buy the healthy assets of…