Spanish bailout fears hit markets
Madrid’s 10-year bond yields rise above 6% for first time since December, raising fears that it could be forced to seek emergency loans FT.com – European companies…
Spain and EU reject talk of bailout
Ministers and officials have acted to try to calm jitters in the bond markets as Madrid’s borrowing costs soar FT.com – European companies…
Spanish group eyes BG’s Gujarat Gas stake
Gas Natural Fenosa may table an offer worth up to $ 900m following an earlier bid from an Indian public sector consortium FT.com – European companies…
Cove set to resume its bidding process
Move by the oil and gas explorer comes after Mozambican regulators informed it that it will impose a 12.8% capital gains tax on its assets there FT.com – European companies…
Transport and logistics set for M&A boom
UPS’s purchase of TNT Express has already made the value of deals announced in the first quarter steeply higher than in the same period last year FT.com – European companies…
RBS and Lloyds tackle legacy of bad debts
Four years on from the financial crisis, the partly government-owned banks still hold thousands of impaired loans in the UK and Ireland FT.com – European companies…
Banks eye insurers for funding stability
Groups are looking to own businesses in the sector or to rent their liquid holdings of high-quality bonds as a source of long-term finance FT.com – European companies…
Mitsui Fudosan set for European push
Japanese group will use the UK as a springboard to launch an acquisition and development programme in France, Germany and Spain FT.com – European companies…
Elgin leak foreshadows decommissioning work
As North Sea output declines, the abandoning of wells will be increasingly common – as will the retrieval and disposal of platforms and pipelines FT.com – European companies…
