Rivalry and tougher rules fuel change
Indexing is seeing rising competition and strong asset growth FT.com – European companies…
Deutsche Bank faces damages in Kirch case
German judge warns lender may have to pay up to €1.5bn to settle legal dispute after he cast doubt on evidence given by its former chief executive FT.com – European…
SAS survival hangs on crew pay deal
Banks make SKr3.5bn credit facility to Scandinavian airline conditional on flight personnel unions signing up to cuts in wages of up to 15 per cent FT.com – European companies…
Bondholders agree Terra Firma float deal
The restructuring of Europe’s largest single securitised loan paves the way for the private equity group to float its German property business FT.com – European companies…
Reckitt in $1.4bn cash offer for Schiff
UK group’s $ 42 a share cash offer represents a 23.5% premium over the $ 34 per share deal agreed between Bayer and the US company FT.com – European companies…
Megafon blitzkrieg as City cools on Russia
Mobile operator’s valuation when compared to its Russian peers will be key in convincing potential investors in the US, UK, Europe and its domestic market FT.com – European companies…
Zurich Insurance profits fall 62%
Switzerland’s largest insurer by premiums, which has racked up nearly $ 1bn in extra charges in Germany, says it cannot rule out further writedowns FT.com – European companies…
SFR deepens Sawiris’ focus on telecoms
The French and Italian moves mark a very public return for Naguib Sawiris after he sold the majority of his telecoms assets to VimpelCom FT.com – European companies…
Infineon – chips are down
German semiconductor maker is counting on growth in auto sector to stem decline in revenues but investors are right to be sceptical FT.com – European companies…
