Big deficit a ‘once off’ says Dublin
Bailing out two of its main banks last year pushed Ireland’s 2011 budget deficit well above government forecasts FT.com – European companies…
Nestlé to buy Pfizer unit for $11.85bn
Nutrition unit purchase aimed at expanding Swiss group’s business selling infant formula in emerging markets FT.com – European companies…
Wijers leaves Akzo Nobel on sound footing
Chief to depart the world’s top paints company after joining the Dutch group nine years when it was struggling to survive FT.com – European companies…
Spain’s Caixabank boosts stake in BPI
Spanish bank strikes deal to increase its stake in Portugal’s Banco BPI to almost 49 per cent in latest foreign expansion FT.com – European companies…
Italy ponders Snam split from Eni
The government has until May 31 to decide how Snam will be separated from the energy group FT.com – European companies…
Repsol / Argentina: messy indeed
S&P warning raises possibility of asset disposals, even if Repsol is playing down ‘exceptional measures’, and the Petersen dimension is another reason not to pile in FT.com – European companies…
Greek lenders unveil steep losses in 2011
Recapitalisation plans for banks hit by losses from Private Sector Involvement are likely to be delayed until after elections on May 6 FT.com – European companies…
Hue and cry for Argentina
Action to bring the privatised oil group YPF back under Buenos Aires’ control has led to concern at an increasingly wayward economic approach FT.com – European companies…
Nama executives testify over hotel loan sale
Agency defends decision to give Patrick McKillen less than a day’s notice of decision to sell loan to Barclay brothers, who are vying for control of group FT.com – European…
Ducati: live to ride
For a rounding error the German carmaker suddenly has the attention of a massive worldwide biking community for whom brand matters a lot FT.com – European companies…
