Telefónica set for $3.6bn Czech arm sale
The Spanish telecoms provider is expected to hire Goldman Sachs to help lead the sale of 70% of the unit, which it considers non-core European Companies News…
Union says Boots has avoided £1bn in tax
Unite targets pharmacy chain based in Switzerland that KKR took private six years ago as it steps up its campaign against buyout groups over tax European Companies News…
Brussels warns Alitalia on capital boost
European Commission wants Italian airline to seek approval before pressing ahead with the capital increase which includes €75m from Poste Italiane European Companies News…
ISS prepares for return to public markets
Private equity group prepares Danish cleaning and catering group for a return to the public markets after taking it private in a €2.9bn deal in 2005 European Companies News…
Germany nears victory on EU car emissions
Environment ministers are expected to delay vote on compromise legislation, and are likely to consider making changes more agreeable to Germany European Companies News…
Urals Energy receives cash approach
Bid for Aim-quoted Russian oil explorer is two-thirds higher than latest closing price and comes amid dissident shareholders’ push for board changes European Companies News…
Bank exposure to EU states’ bonds on rise
Despite official pledges by eurozone authorities to break ‘sovereign-bank nexus’, government bonds accounting for more of lenders’ capital European Companies News…
Turkey frustrates foreign retailers
Foreign supermarkets at a disadvantage because customers prefer to shop locally for fresh ingredients rather than drive out of town or buy ready meals European Companies News…
French court upholds ban on fracking
Constitutional council rejects appeal by US explorer Schuepbach Energy aimed at striking down a law preventing hydraulic fracturing in the country European Companies News…
