Iberdrola offloads French wind farms
Consortium including GE to pay €400m as Spain’s largest utility by market value seeks to reduce debt through its big divestment programme FT.com – European companies…
Buyout firms see decline in IPO cash
Worldwide, companies backed by private equity raised $ 20.5bn through IPOs between January and November, significantly down on $ 38.6bn raised in 2011 FT.com – European companies…
Position in derivatives haunts Deutsche
Former employees’ submissions to the SEC follow a common theme that Deutsche should have booked billions of dollars of losses during 2007-2009 FT.com – European companies…
Spanish groups eye overseas asset sales
A feature of recent spin-offs has been the desire of companies to place as much of their debt within separately listed foreign businesses FT.com – European companies…
Bellwether takes bearings on world economy
The SKF chief is cautious over the world economy after a disappointing 2012 in which sales have dropped in both Europe and Asia FT.com – European companies…
Dassault chief steps back from controls
Charles Edelstenne insists successor Éric Trappier will be left in charge entirely but the outgoing chief will remain close to the aircraft maker FT.com – European companies…
Bankia investors face severe losses
Retail shareholders in nationalised Spanish lender likely to see holdings almost wiped out on back of news it has a negative economic value of €4.15bn FT.com – European companies…
Bolivia nationalises Iberdrola electricity distributors
In June, Bolivia took control of global commodities giant Glencore’s tin and zinc mine in Bolivia and more nationalisations of mining companies could be ahead in the Andean country. FT.com…
France probes EDF over its China ties
Fresh doubts are raised over the future of chief executive Henri Proglio as Paris confirms it is investigating relations between the company and CGNPC FT.com – European companies…
Call for Albert Heijn mushroom boycott
Netherlands vice-premier urges people not to buy from Dutch supermarket following report about treatment of foreign workers at fungi farms FT.com – European companies…
