Allergan says offers undervalue business units for sale, shares fall

[ad_1] (Reuters) – Allergan Plc AGN.N on Tuesday expressed disappointment in early offers from potential buyers for business units it has been trying to sell, and its shares fell more…

Adevinta buys eBay’s classifieds unit in $9.2 billion deal

[ad_1] By Nerijus Adomaitis, Pamela Barbaglia OSLO/LONDON (Reuters) – U.S. firm eBay Inc has agreed to sell its classified ads business to Norway’s Adevinta in a deal worth $9.2 billion,…

Maersk keeps down costs with uncertain container traffic outlook

[ad_1] By Jacob Gronholt-Pedersen, Stine Jacobsen COPENHAGEN (Reuters) – A.P. Moller-Maersk MAERSKb.CO said on Friday prospects for a pick-up in demand for seaborne container traffic were clouded by an uncertain…

Italy’s Nexi to merge with SIA in pursuit of European payments

[ad_1] MILAN (Reuters) – Italy’s Nexi and SIA agreed a long-awaited merger on Monday to create a dominant domestic payments group with 1.8 billion euros ($2 billion) in revenue and…

UPDATE 1-Danske Bank’s Q2 profit boosted by higher trading income

[ad_1] * Danske Bank Q2 profit beats forecast * Keeps outlook despite more challenging marked due to Brexit * Says is well ahead (Adds CEO comments, context) COPENHAGEN, July 21…

Explainer – Danske Bank’s 200 billion euro money laundering scandal

[ad_1] COPENHAGEN (Reuters) – Danske Bank DANSKE.CO has been caught up in one of the largest-ever money laundering scandals. Howard Wilkinson, the whistleblower who first alerted Denmark’s biggest bank to…

France’s SocGen to close 600 bank branches in profitability push

[ad_1] PARIS (Reuters) – France’s Societe Generale on Monday accelerated plans to boost profitability by merging its two retail banking networks, resulting in the closure of 600 of its nearly…

Bayer executives buy 2.9 million euros in battered stock after writedowns

[ad_1] FILE PHOTO: Werner Baumann, CEO of Bayer AG, arrives for the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2020. REUTERS/Wolfgang Rattay FRANKFURT (Reuters)…

Land Securities annual loss widens to over $1 billion

[ad_1] (Reuters) – Property developer Land Securities LAND.L on Tuesday reported an annual pretax loss of more than $1 billion as coronavirus-driven shutdowns forced tenants to default on rent payments,…

Denmark’s Bang & Olufsen would listen to bid approaches

[ad_1] COPENHAGEN (Reuters) – Danish television and sound system maker Bang & Olufsen BO.CO would consider any bid approach from a larger rival as it seeks a response to problems…