Turnround test for ThyssenKrupp chief
Heinrich Hiesinger this week has had to report a €5bn net loss, suspend its dividend and oust half the executive board at the German steel and engineering group FT.com –…
UBS staff face Libor probe in UK
FSA sends notifications in the past week in latest phase of the accelerating probe into alleged rigging of the benchmark rate FT.com – European companies…
BC Partners’ top dealmaker to quit
Newington departs having ‘advocated that BC Partners should take its business in a new direction’ FT.com – European companies…
Norilsk to pay chief $100m to quit
Strzhalkovsky will receive the payout to step down from his position under a new agreement between the miner’s oligarch shareholders FT.com – European companies…
BA in Ryanair deal for Heathrow slots
Plan part of low-cost airlines proposal to appease European regulators over its contentious bid for Aer Lingus, the Irish flag carrier FT.com – European companies…
Bwin.party deal clears Belgian bets
The online gambling group has headed off possible criminal charges against its chief by cutting a deal with a licensed land-based casino operator FT.com – European companies…
KPN pays €1.35bn for Dutch spectrum
Group says win in the government auction for 15 blocks of infrared bandwidth will give it a significant advantage over rival Vodafone FT.com – European companies…
Deutsche Bank liable in Kirch case
Fresh legal setback for flagship German lender as a Munich court rules it will have to pay damages to the heirs of the deceased media tycoon FT.com – European companies…
Akzo Nobel sells paints unit for $1.05bn
Dutch coatings and chemicals group sells its North American decorative paints business to rival PPG as it looks to improve its productivity FT.com – European companies…
Russia fund backs cinema chain expansion
The Russian Direct Investment Fund joins private equity groups Baring Vostok and UFG Private Equity in acquiring a majority stake in Karo Film Group FT.com – European companies…
