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Vivendi suspends sale of Brazil telco

French media and telecoms conglomerate withdraws GVT from sale after bidding fails to reach its $ 7bn asking price for the fixed-line telecoms company FT.com – European companies…

EQT kicks off Springer Science sale

Move to speed up sale process highlights a dramatic shift in sentiment among the largest private equity firms in Europe over the past two months FT.com – European companies…

Irish company kept horsemeat secret

QK Meats discovered several cases of contamination from June last year but kept it secret until February 2013, the Irish government has found FT.com – European companies…

Hedge fund closures keep rising

Last year 873 funds failed or closed their doors though those closures were offset by 1,108 launches, slightly down on the 2011 total FT.com – European companies…

Italian police seize €46m Bulgari assets

Two sons of the Bulgari founder, a nephew and their lawyer probed over ‘fraudulent declarations’ related to €3bn worth of revenues from 2006 to 2011 FT.com – European companies…

Unions edge closer to deal over Iberia strikes

Strikes called off but pilots hold out over redundancy terms FT.com – European companies…

Ermotti is best paid banker at UBS

Chief executive will depose Robert McCann, head of the bank’s lucrative wealth management business, who held the top slot in 2011 FT.com – European companies…

Man behind Zara keeps out of limelight

Founder of world’s largest clothing retail chain by sales, who started at home making affordable fashion, guards his privacy carefully FT.com – European companies…

Renault agrees deal with unions

‘Historic deal’ guarantees no plants in France will be closed and the number of cars produced will rise in exchange for a workforce reduced by 7,500 FT.com – European companies…

Ireland poised to issue 10-year bond

Ireland’s commitment to getting state finances back to health and a tentative return to growth earns plaudits from the eurozone policy makers FT.com – European companies…