BERLIN Uniper , the power plant and energy trading unit spun off by German utility E.ON , wants to grow in its own and will focus on paying dividends, its chief executive said.
BERLIN Alain Caparros, the French chief executive of German retailer REWE, has ruled out a move to France's Carrefour to replace Georges Plassat, whose term at the world's second largest retailer is scheduled to end in 2018.
Activist hedge fund Marcato Capital Management LP, a shareholder in Virtus Investment Partners Inc , recommended that the company should fund its $513 million purchase of RidgeWorth Investment primarily with cash to maximize returns.
Packaging company WestRock Company will buy Multi Packaging Solutions International Ltd for about $1.39 billion to boost its portfolio of products that serve the spirits, confectionary, and cosmetics markets.
FRANKFURT German vacuum pump maker Busch said on Tuesday it would launch an all-cash offer for Pfeiffer Vacuum at 96.20 euros per share, valuing its rival at around 949 million euros ($1.02 billion).
SYDNEY/LONDON Rio Tinto Plc has agreed to sell its Australian unit Coal & Allied Industries Ltd to Chinese government-controlled Yancoal Australia Ltd for up to $2.45 billion in cash, it said on Tuesday.
MILAN Italy's biggest retail bank Intesa Sanpaolo is considering a share-based offer to buy a majority stake in insurer Assicurazioni Generali , two sources close to the matter said on Tuesday.
LONDON Oil producer EnQuest has agreed to buy a 25 percent stake in BP's Magnus oil field and surrounding assets in the North Sea, financed through future returns, as it pursues its strategy of trying to breathe new life into old fields.
SINGAPORE Global miner Rio Tinto is looking to hire eight Singapore-based experts to improve its supply and demand analysis in commodity markets.
SYDNEY Rio Tinto Plc said it agreed to sell Australian unit Coal & Allied Industries Ltd to Chinese government-controlled Yancoal Australia Ltd for up to $2.45 billion in cash.
WASHINGTON President Donald Trump intends to keep FBI Director James Comey in his post, a person familiar with the decision said on Tuesday, amid reports that U.S. law enforcement and intelligence agencies are scrutinizing Trump associates over their ties to Russia.