Sibanthracite eyes $850m valuation
The Russian coal miner is planning to sell one quarter of its total equity at between $ 7 and $ 9.50 per global depository receipt European Companies News…
Nokia buys Siemens out of joint venture
The Finnish group is paying €1.7bn to buy Siemens out of their telecoms equipment joint venture raising questions over the strength of the Nokia balance sheet European Companies News…
EU demands answers over US bug claims
A transatlantic row over surveillance has worsened over claims the US bugged EU offices with new revelations compounding Europe’s concerns European Companies News…
France sells down stake in airports group
Finance minister announces disposal of 9.5% stake as part of François Hollande’s policy of reducing state holdings to help fund fast-growing sectors European Companies News…
Russia’s eastern energy pivot has limits
The deals at the International Economic Forum show that Russia’s energy groups are getting serious about opening up fast-growing Asia-Pacific markets European Companies News…
Cameron taps into Kazakhstan oil project
The UK prime minister will join the Kazakh president at a ceremony on Sunday to mark the start-up of Kashagan, the world’s most expensive oil project European Companies News…
Big auto charts its return to racetrack
Carmakers such as Honda, Hyundai, VW and BMW are returning to motorsport as their balance sheets recover, and road and race synergies emerge European Companies News…
‘Biosimilar’ ruling to hit Big Pharma
European regulators’ approval of first generic versions of a complex biological medicine paves way for competition that will sharply dent revenues European Companies News…
Vekselberg launches Schmolz+Bickenbach bid
Venetos Holding AG, said it is planning to make an offer around July 12 of 2.85 Swiss francs for each Schmolz+Bickenbach share European Companies News…
Week in Review, June 29
Maverick spirit pays off for CVC trio; BP goes on offensive; BA’s hybrid bond; charges over MF Global; EU adviser’s stance set to aid Google, and more European Companies News…
