Manufacturers take on EU pharma over ban
Drugs industry is pitted against small producers following ruling to outlaw distribution of branded products handed out by marketing representatives European Companies News…
Alitalia to not break even until 2015
Carrier says it will require further loans from private shareholders but the three-year industrial plan does not envisage new stakeholders European Companies News…
Germany takes bite out of Domino’s profit
Poor performance of directly-owned stores and larger-than-expected training costs in the country cause annual losses £2m-£3m more than expected European Companies News…
Hands pulls German property float
British private equity financier abandons flotation of Germany’s largest residential landlord over concerns that the recent rally in European equities has run its course European Companies News…
Sareb shortlists property sale investors
State-organised ‘bad bank’ will narrow down 10 offers for its ‘Project Bull’ portfolio that it hopes will lead to at least five other deals this year European Companies News…
EU drug groups to disclose payments to doctors
Trade body’s voluntary code of practice designed to tackle criticism over conflict of interest and fears the payments distort prescribing practices European Companies News…
Erste raises €660m in share placing
The money will be used to pay back the €1.76bn in non-voting participation capital Erste issued to boost its financial strength during the financial crisis of 2009 European Companies News…
LVMH fined €8m over Hermès stakebuilding
Luxury group to appeal against French regulator’s penalty, which it characterised as ‘totally wrong’ and called its legal underpinnings ‘very weak’ European Companies News…
Noble Corporation eyes switch to UK
The move would count as a vote of confidence in the UK from a highly mobile global business, which relocated out of the US to Switzerland in 2009 European Companies…
BC hires banks for Migros stake sale
JPMorgan and Bank of America are to review options for the UK buyout group in a sign that shows a willingness to accelerate the timing of an exit European Companies…
