Vindication for Immelt in GE’s Alstom bid
The deal is an important step forward for chief executive’s strategy of reducing the group’s reliance on GE Capital, its finance division European Companies News…
Bulgaria nationalises overstretched bank
Bulgarian bankers say a prolonged political vacuum poses risks for financial sector, which faces rising rates of non-performing loans in weak economy European Companies News…
France claims victory in GE-Alstom deal
Takeover battle for French engineering group Alstom nears a conclusion after Paris forces General Electric to significantly revise its .9bn bid European Companies News…
France lashes out at internet naming body
The European Commission, France, the UK and Spain have appealed to Icann to halt two domain names unless safeguards for geographical indicators are assured European Companies News…
Head of UBS Belgium charged in tax probe
Marcel Bruehwiler denies allegations arising from information provided to authorities by a former bank compliance officer turned whistleblower European Companies News…
Alstom: l’exception française
France wants to throw open its doors to foreign investors. Best not to show them what is happening at the industrial conglomerate European Companies News…
Chairman of Portugal’s BES to step down
Departure of founder’s great-grandson marks an end to succession dilemma at the Portuguese institution and ends direct control by the family European Companies News…
Fate of Club Med hangs in the balance
Italian investor Andrea Bonomi’s stakebuilding in the Paris-based resort chain has lifted the share price above the Ardian-Fosun bid European Companies News…
French government backs GE-Alstom deal
After weeks of intense negotiations the US group is now on course to trump a rival bid from Siemens and Mitsubishi Heavy Industries European Companies News…
Cash-rich Vivendi abandons the wild years
When Jean-René Fourtou hands over chairmanship to Vincent Bolloré next week, investors will probably be asking a set of different questions European Companies News…
