Royalty Pharma abandons bid for Elan
Royalty Pharma drops an Irish legal challenge to seek the right to amend its takeover offer after Elan investors back a proposed share buyback European Companies News…
Axa will lend €10bn for infrastructure
The European insurer aims to make loans over the next five years to finance schemes ranging from tunnels and airports to wind farms and sewers European Companies News…
Oil and gas: Gazprom looks east to restore fortunes as US shale gas booms
The state monopoly is taking a gamble on Siberian pipeline European Companies News…
Liberty Global enters race for KDG
Indicative offer by John Malone’s media group for Germany’s largest cable operator is about €85 per share, surpassing Vodafone’s bid of about €80 a share European Companies News…
Elan shareholders support buyback
Elan shareholders’ support for share buyback threatens to derail Royalty Pharma’s bid, which is conditional on investors rejecting four resolutions European Companies News…
Europe carmakers set for long-term gloom
Further car factory shutdowns are likely as sales in the developed European markets are not expected to recover until at least 2019 European Companies News…
Europe’s auto market gloom to last until 2019
Shift away from driving among older Europeans, falling ownership among young and more durable cars cited as trends harming car demand European Companies News…
Senior bank debt issues slump to decade low
Decline partly reflects widespread concern among investors about EU rules that aim to reduce cost of bank bailouts for taxpayers by forcing losses on creditors European Companies News…
Hypermarket suffers midlife crisis
Fifty-year-old concept seeks relevance in modern era as it faces stiff competition from online rivals and changing, austerity-driven shopping habits European Companies News…
Two die in North Sea platform explosion
Contractors were working at a facility owned by France’s GDF Suez, the biggest gas producer on the Dutch Continental Shelf European Companies News…
