Heineken moves closer to control of APB
Fraser and Neave agrees to put to shareholders the Dutch brewer’s S$ 5.28bn offer for F&N’s share in a joint venture that controls the maker of Tiger beer FT.com –…
Fiat highlights sector’s diverging fortunes
Italian carmaker’s dismal results in Europe contrast with its Chrysler unit which rode an expanding US market to post robust profit growth FT.com – European companies…
Few bright spots in Europe’s banking arena
In a week of European results, there has been little else to smile about for lenders apart from BNP’s successful build-up of capital over the year FT.com – European companies…
Market boost from Spain bailout hint
Acknowledgement by Madrid that a request to the EFSF to buy Spanish debt is an option is a reversal for the Spanish prime minister FT.com – European companies…
Axa on track to meet five-year targets
French insurer reports first-half profits that beat expectations and says its strategy of focusing on less market-sensitive businesses is bearing fruit FT.com – European companies…
Siemens sets out €3bn share buyback
Intention to reduce capital stock, to issue shares to employees and executives, as well as for convertible bonds and warrants FT.com – European companies…
Vivendi cold on €8bn Activision sale
French group unlikely to force a quick sale of its share in video-games maker Activision Blizzard, preferring to review group in autumn FT.com – European companies…
Catholic fund fails to convince believers
Fund set up to invest in line with Catholic beliefs is to close after managers lose faith in its abiliy to attract investors FT.com – European companies…
F&N shares suspended amid tussle for APB
Board of Fraser and Neave meets earlier than planned to consider Heineken‘s $ 4bn bid for its 32.4% stake in APB holding company FT.com – European companies…
Inter Milan sells stake to Chinese group
The Asian investors will become the football club’s second largest stockholder in a bid to raise its profile among Asian fans of the sport FT.com – European companies…
