Generali takes control of PPF joint venture
Italian insurer targets expansion in central and eastern Europe with €2.5bn deal as chief executive readies an overhaul of the business FT.com – European companies…
FedEx rebuffs UPS over TNT Express assets
Move makes things harder for UPS in its attempt to gain EU clearance for proposed takeover of its smaller Dutch rival FT.com – European companies…
Looser Basel rules boost European banks
Changes will help a slew of institutions, mostly in Europe, that were struggling to meet the tighter draft rules and their 2015 deadline FT.com – European companies…
Shell drilling rig refloated in Alaska
Salvage teams set to examine rig to gauge the extent of damage caused when it ran aground and added to the oil company’s struggles to explore in region FT.com –…
Car sales hit highest level in four years
Sales of new cars in the UK reach their highest level since 2008 with growth improving throughout the year but level is still lower than pre-recession FT.com – European companies…
Alitalia in spotlight ahead of Italy poll
Air France-KLM expected to try to increase its stake as a lock-up in shares expires, prompting a clash over the future of the national airline FT.com – European companies…
Sony rejoins BMG for Parlophone bid
Move will heighten competition for the labels that regulators forced Vivendi’s Universal to sell as a condition of its £1.2bn purchase of EMI last year FT.com – European companies…
Dealmakers warm to chance of oil tie-ups
Despite overall slump in M&A in the sector last year, talk has rekindled over potential for takeovers with some majors FT.com – European companies…
Iberdrola – powering down
Nationalisation of the Spanish energy utility’s Bolivian operations was not unexpected: it was restructuring anyway. The investor sell-off is overdone. FT.com – European companies…
Carlsberg – trouble with brewskis
Russia’s new restrictions on beer sales continue to make Carlsberg, which has invested heavily in the country, look vulnerable FT.com – European companies…
