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Alitalia approves €100m capital increase

Analysts described the increase as just a breath of oxygen that would give the airline more time to work out a possible takeover by Air France-KLM European Companies News…

September 27, 2013Comments Off on Alitalia approves €100m capital increaseRead More

Greece’s Piraeus prepares to float unit

Greek lender hires Deutsche Bank and Barclays to advise it on a float of bad debt workout specialist Geniki that could raise about €200m-€300m European Companies News…

September 26, 2013Comments Off on Greece’s Piraeus prepares to float unitRead More

PE groups bring forward listing plans

Move seeks to tap market against backdrop of increasing investor appetite for riskier assets and exit investments made before the financial crisis European Companies News…

September 26, 2013Comments Off on PE groups bring forward listing plansRead More

Expansion drives H&M profits

Swedish purveyor of cheap chic unveils forecast-beating earnings in the third quarter as its store count surpasses 3,000 and US online sales kick in European Companies News…

September 26, 2013Comments Off on Expansion drives H&M profitsRead More

Russian energy: Frozen assets

As conventional oil reserves diminish Kremlin hopes are pinned on Siberian shale to maintain the nation’s standing, but stiff challenges remain European Companies News…

September 26, 2013Comments Off on Russian energy: Frozen assetsRead More

Nets owner and funds eye Uralkali stakes

Mikhail Prokhorov, and two foreign sovereign wealth funds are among the potential bidders for stakes in Russian fertiliser group European Companies News…

September 25, 2013Comments Off on Nets owner and funds eye Uralkali stakesRead More

Barsky in focus over Urals Energy move

Shareholders with 31 per cent of oil producer demand an extraordinary meeting to elect a new board charged with turning round the company’s fortunes European Companies News…

September 25, 2013Comments Off on Barsky in focus over Urals Energy moveRead More

Rusal attacks LME plan to cut metal queue

The Russian aluminium company said it was “extremely concerned” about the new proposals, which were “unprecedented” and could create further distortions in the market for the light metal European Companies…

September 25, 2013Comments Off on Rusal attacks LME plan to cut metal queueRead More

Dexia offloads asset management unit

The sale, announced late on Tuesday, came two months after the collapse of an agreement to sell the division to GCS Capital of Hong Kong European Companies News…

September 25, 2013Comments Off on Dexia offloads asset management unitRead More

Sales of Italian groups trigger backlash

Prospect of foreign takeovers of debt-burdened Italian groups is grudgingly accepted by Rome despite a storm of opposition from politicians and unions European Companies News…

September 24, 2013Comments Off on Sales of Italian groups trigger backlashRead More

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