FCC looks to recover debt from town halls
Spanish construction group welcomes a government plan to force indebted regional administrations to settle billions of euros of unpaid bills FT.com – European companies…
ECB suspends use of Greek bonds as collateral
The European Central Bank has suspended the use of Greek bonds as collateral by European banks seeking funds from the central bank FT.com – European companies…
Europe’s banks receive long-term money
By avoiding expensive bond issues and buying higher-yielding government debt analysts think it will boost the sector’s profits by billions FT.com – European companies…
Cinven and Goldman to sell Ahlsell stakes
European buy-out group CVC set to buy the Swedish tool distributor in a deal that would value it at €1.8bn, including debt FT.com – European companies…
Insurers weigh benefits of HQ switch
The looming introduction of Europe’s biggest ever shake-up of insurance regulations moves up the agenda the issue of domicile for companies FT.com – European companies…
Wells Fargo set for further expansion
The US group plans to increase the size of its wealth and insurance units through acquisitions as well as buying more assets from European banks FT.com – European companies…
CMA CGM rescuer wants substantial changes
Robert Yildirim of Turkey’s Yildirim Group says he has to protect his investment in the world’s third-largest container ship operator FT.com – European companies…
Intel makes Orange debut in Europe
US chipmaker pushes into the territory of its UK-based rival Arm Holdings with the launch of the region’s first smartphone containing its chips FT.com – European companies…
Payment-in-kind notes make comeback
Polkomtel is among groups returning to a debt instrument that can prove a time bomb for issuers unable to repay in full when they become due FT.com – European companies…
PTT launches counter-offer for Cove
Approach, pitched at 220p a share, compares with recommended 195p a share approach by Shell and values Cove at £1.12bn FT.com – European companies…
