Daimler and Nissan confirm Mexico JV
New €1bn factory will eventually produce 300,000 Mercedes-Benz and Infiniti compact cars a year, with production starting in 2017 European Companies News…
Tui Travel merger to form biggest tour group
A nil-premium, all-share merger would push the group into the FTSE 100. Tui Travel shareholders will receive 0.399 new Tui AG shares for each share they own European Companies News…
ABB sells steel structures arm to Trinity
Swiss engineering conglomerate steps up its strategy of pruning fringe assets by selling Meyer Steel Structures for 0m in cash European Companies News…
Coface shares rally on Paris debut
After being priced at €10.40 apiece, company’s shares rose almost 6% in Paris, adding €95m to the trade credit insurer’s market capitalisation European Companies News…
Gazprom looks to sidestep dollar
Russian gas giant is considering issuing bonds in Asian currencies and is “ready in principle” to receive payment from China in renminbi European Companies News…
Imperial’s logistics venture gears up to deliver IPO payday
Logista will float with a market capitalisation of up to €1.9bn when it comes to market in Spain next month European Companies News…
Russia to shield economy from sanctions
Moscow is seeking to boost production of domestically manufactured industrial goods to reduce its dependency on imports, particularly from Ukraine European Companies News…
Germany and EU row over energy subsidies
A row has broken out between Germany and the EU over subsidies for energy producers European Companies News…
Waste chief warns on EU recycling fines
Britain faces an annual fine from the EU of more than €200m a year unless there is a rapid increase in household recycling, an executive has warned European Companies News…
Dialog and AMS discuss merger of equals
Deal between German and Austrian groups would mark the latest semiconductor industry move to build scale in preparation for the ‘internet of things’ European Companies News…
