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Bonomi stock purchase upsets Club Med bid

Offer worth €17.50 per share from Ardian and Fosun, which was due to complete within days, is likely to be scuppered by soaring share price European Companies News…

Credit Suisse woes go beyond $2.6bn fine

Penalty over charges of assisting its customers in tax evasion has ramifications for the bank beyond the writing of provisions European Companies News…

Russia and China wrestle over gas deal

Experts believe Beijing wants concessions on price Moscow is not prepared to give but failure would raise questions about the strength of the axis European Companies News…

Guilty plea marks turning point for DoJ

Criminal charges levied against Credit Suisse are unlikely to be last as attorney-general Eric Holder pursues banks suspected of wrongdoing European Companies News…

Ballymore seeks partner for development

Irish developer plays down talk of political risk, saying underlying demand in London in residential is incredibly strong at the moment European Companies News…

Unilever cleans up Lever family rights

Purchase, priced at discounted £10.09 per share, alleviates threat of looming share dilution when endowment was due to mature in 2038 European Companies News…

Ryanair: happy feet

The tune for European budget airlines may have changed, but the company’s chief executive Michael O’Leary has so far not lost a step European Companies News…

AstraZeneca / Pfizer: the price was right

A drug company is an asset like any other, the consideration offered was full, the deal should have been done European Companies News…

AstraZeneca set to reject ‘final’ Pfizer offer

US drugmaker says it will not make a hostile bid and would only proceed with the offer with the recommendation of its UK target’s board European Companies News…

Belgium bank scraps ‘risk-free’ bond practice

Country’s largest bank said it was now assigning risk-weights to sovereign bonds, leading to a €4.4bn increase in its risk-weighted assets European Companies News…