Karstadt flagship snapped up in €1.1bn deal
Department store sale, to cmplete next year, marks end to buoyant 12 months for German property, with up to €22bn worth of real estate changing hands FT.com – European companies…
Arnault insists he is tax compliant
LVMH head issues statement denying any wrongdoing after reports that he has holdings in Belgium registered to the same Brussels address FT.com – European companies…
Fashion: Luxury’s new look
After two very profitable decades, the high-end sector is fragmenting as tastes in emerging markets shift. By Vanessa Friedman, Rachel Sanderson and Scheherazade Daneshkhu FT.com – European companies…
ACS gains on eurozone outlook
Clutch of brokers downgrade KPN following bandwidth overspend, leaving shares 19% lower on week against 0.3% gain for FTSE Eurofirst 300 index FT.com – European companies…
Deal flurry brings upbeat end to 2012
The final full business week of the year has seen companies around the world announce deals large and small FT.com – European companies…
UK politicians oppose trader’s extradition
Tom Hayes, a former UBS employee, was charged on Wednesday by the US Department of Justice as part of its inquiry into Libor manipulation FT.com – European companies…
ENI and Anadarko join forces in Mozambique
Oil and gas groups are to jointly construct LNG plants in east Africa at a time of accelerating global demand for the clean-burning fuel FT.com – European companies…
Lessons learnt from $1.5bn settlement
The total settlement of $ 1.5bn – with US, UK and Swiss authorities – sends a strong message to other banks under investigation FT.com – European companies…
