Hermès and LVMH: best of enemies
Ongoing dispute between the two French luxury groups looks like it is going to develop into a long soap opera European companies…
ABN Amro fights ruling on acquisitions
Dutch bank appeals to a Luxembourg court to overturn a Brussels ruling barring any acquisitions until the government sells its majority stake European companies…
Incoming Hermès chief rounds on LVMH
Dumas promises ‘battle of our generation’ over stake in his group held by its luxury goods rival, calling the holding ‘neither desired nor desirable’ European companies…
Ahold: shopping for growth
Investors are disappointed that the cash rich Dutch grocer is not returning more money to them, but the company made the right compromise European companies…
Elan wins temporary block of hostile bid
Irish pharmaceutical group Elan takes out an injunction to try and block a hostile $ 6.5bn bid from private equity group Royalty Pharma European companies…
French minister accuses Amazon of dumping
Attack on Amazon comes despite establishment in France by company of big distribution centres, the most recent of which opened a year ago European companies…
ECB shuns ‘big bazooka’ to boost lending
A review suggests the blockage in lending remains weakened bank balance sheets which would not warrant direct intervention in the SME borrowing process European companies…
Exor /SGS: it’s all in the family
Italy’s Agnelli family has sold a €2bn stake in a Swiss company as Fiat prepares a bid to take full control of Chrysler. An Old World-style deal European companies…
Agnellis sell €2bn stake in SGS
Family boosts cash as it seeks to maintain 30% stake in Italian carmaker Fiat after a planned merger with Chrysler of the US is completed European companies…
