Hollande says Peugeot must renegotiate restructuring plan
President blames carmaker’s woes on poor strategic decisions and greedy shareholders in Bastille day interview FT.com – European companies…
Tarnów to merge with Pulawy
Poland is seeking 15bn zlotys from privatisations by the end of 2013, but the sale of state assets to Russian companies is a sensitive issue FT.com – European companies…
Morgan Stanley out of Fondiaria-Unipol deal
Lender drops out of rights issue tied to merger between Fondiaria-Sai and Unipol despite scarcity of equity deals in Europe and unusually high fees FT.com – European companies…
Germany reassures groups over circumcision
In a country that is especially sensitive to allegations of intolerance the government said it would find a way around the Cologne court ban FT.com – European companies…
Acron ups the ante on ZA Tarnow
Russian chemicals company increases offer for state-controlled Polish group by 25 per cent but Warsaw still looks certain to block the bid FT.com – European companies…
SAP reports strong software sales
German group’s revenues jump 19% to €1.06bn, reassuring investors that it has yet to succumb to the economic slowdown FT.com – European companies…
Sale considered of ING Japanese unit
Nomura works on potential refinancing of business that has attracted least interest of the three main units up for sale in bidding process FT.com – European companies…
Vote to overhaul Impregilo board postponed
Investors will have to wait five days before deciding the Italian builder’s fate as the Gavio and Salini families continue to fight over the group FT.com – European companies…
Peugeot closure poses challenge to Hollande
Socialist government under pressure from business leaders alarmed by the slide in the country’s industrial competitiveness FT.com – European companies…
Peugeot: burning cash, not petrol
French carmaker’s restructuring announcement was painful, but necessary. However, it resolves very little for investors as the company continues to burn cash FT.com – European companies…
