CORK/DUBLIN - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
SocGen confirms in talks to sell Geniki to Piraeus
PARIS (Reuters) - French bank Societe Generale on Wednesday confirmed that it was in talks on a potential sale of its Greek unit Geniki Bank to Piraeus Bank, saying the discussions were at an "advanced stage".
SocGen added that no decision had been made by either party on a transaction, and potential terms were not disclosed.
The talks had earlier been reported by Reuters citing a source at Piraeus.
(Reporting By Christian Plumb)
- Tweet this
- Share this
- Digg this