Qatar Airways spends £460.9 million to lift stake in BA owner to 25%

[ad_1] By Paul Sandle, Alexander Cornwell LONDON/DUBAI (Reuters) – Qatar Airways has bought a $600 million(460.9 million pounds) stake in British Airways-owner IAG ICAG.L to increase its holding to 25.1%,…

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…

UPDATE 1-S.Africa’s Aspen sells thrombosis drug business to Mylan, shares jump

[ad_1] (Adds details) JOHANNESBURG, Sept 8 (Reuters) – South African drugmaker Aspen Pharmacare has agreed to sell the rights to its European thrombosis business to U.S. pharmaceutical company Mylan for…

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…

FTSE gains for fourth day as investors await trade moves

[ad_1] By Muvija M, Shashwat Awasthi (Reuters) – London’s FTSE 100 edged up on Wednesday, adding to a 2% gain over the past three sessions, as investors waited for news…

Denmark’s Alk Abello suspends dividend to support North America investment

[ad_1] (Reuters) – Danish pharma company Alk Abello ALKb.CO said on Monday it would invest 1 billion Danish crowns (118 million pounds) in its North America business, a move that…

Denmark’s DSV to buy logistics company Panalpina in $4.6 billion deal

[ad_1] By Teis Jensen, John Miller COPENHAGEN/ZURICH (Reuters) – Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs ($4.6 billion) bid from Danish rival DSV, ending…

Orsted to sell its Danish power businesses for $3.2 billion

[ad_1] COPENHAGEN (Reuters) – Orsted ORSTED.CO has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a…

Siemens’ $18 billion energy spin-off falls in Frankfurt debut

[ad_1] By Christoph Steitz, Alexander Hübner FRANKFURT/MUNICH (Reuters) – Shares in Siemens Energy ENR1n.DE opened lower than expected on their first day of trading on the Frankfurt stock exchange, as…

London’s FTSE 100 recovers from Trump’s COVID-19 shock

[ad_1] By Shashank Nayar, Susan Mathew (Reuters) – London’s FTSE 100 ended higher on Friday as markets recovered from the initial shock of U.S. President Donald Trump testing COVID-19 positive,…