Bank of Cyprus raises €1bn in share sale
US investor Wilbur Ross and EBRD to take part in fundraising only a year after lender was saved from collapse by international rescue deal European Companies News…
Shipping tycoon’s aide steps down
Tor Olav Trøim’s partnership with John Fredriksen set to end after he says he will quit his role at the group’s main holding company European Companies News…
Drugmakers juggle non-core assets
Reckitt’s planned spin-off of its pharmaceuticals unit highlights trend to split pharmaceuticals and consumer healthcare European Companies News…
Eurozone banks reverse downsizing moves
Figures spark worries that deleveraging has slowed amid criticism that, years after the financial crisis, many in sector are still ‘too big to fail’ European Companies News…
Euronext chief cites France as weak spot
Dominique Cerutti, head of the eurozone’s largest stock exchange, cautions that France remains a risk for the recovery of the economic bloc European Companies News…
Miners’ access to water a risk, says study
A shortage of affordable water and energy has emerged as one of the 10 biggest threats to the industry, says to a report by consultancy EY European Companies News…
Hospira eyes Danone’s medical nutrition arm
French and US consumer groups are discussing the terms of a potential cash-and-stock deal that would value the business at close to bn European Companies News…
LVMH: lapse of luxury
Analysts more resilient on stock, with only two issuing a recommendation to sell, than group’s first-half performance which was hit by the strong euro European Companies News…
BSkyB to pay up to £7.4bn in Europe deals
FTSE 100 group to buy 57% Sky Deutschland stake and 100% of Sky Italia from 21st Century Fox, which is looking to invest in its US content business European Companies…
