Piraeus to buy ATEbank’s healthy assets
Takeover will mark the sector’s first consolidation ahead of a planned €50bn recapitalisation of Greece’s biggest banks under the terms of its second bail-out FT.com – European companies…
Universal in talks to hive off Parlophone
Sale of one of the crown jewels of EMI and home to Coldplay and Gorillaz an attempt to overcome the concerns of EU regulators FT.com – European companies…
Renault reports sharp decline in profits
French carmaker joins rivals, Peugeot, Fiat and General Motors’ Opel, in suffering falling sales in Europe FT.com – European companies…
Lamprell issues third profits warning
Shares fall sharply after Dubai-based engineering contractor says it will seek bank waivers and warns it expects to turn in a half-year loss of $ 45m FT.com – European companies…
Industrials turn cautious amid slowdown
Some of the world’s biggest groups painted a downbeat global economic picture after customers held back orders and forced them to tighten costs FT.com – European companies…
Restructuring costs Roche SFr1.68bn
Swiss pharma maintained sales targets for 2012 but the cost of closing an R&D site and the overhaul of diabetes and applied sciences hit first-half profits FT.com – European companies…
Solar-panel makers widen China battle
European companies have accused Chinese manufacturers of selling products below cost in push to take over more of the market FT.com – European companies…
France Telecom rules out German merger
French group quashes talk of Deutsche Telekom merger to create a pan-European telecoms colossus, while returning to a European acquisition strategy FT.com – European companies…
EU to charge two drugmakers over generics
Competition regulator alleges that the French pharmaceutical group Servier and the Danish company Lundbeck breached antitrust rules FT.com – European companies…
E3 provides lift for video game industry
Nintendo shows more than 20 games for its Wii U unit, due out later this year FT.com – European companies…
