Deals - Europe Headlines

Sikorsky withdraws from $3 billion helicopter tender in Poland

WARSAW - US helicopter producer Sikorsky Aircraft Corporation has decided to pull out of the bidding for a $3 billion contract to supply helicopters to the Polish military, the company said on Thursday in a statement.

Bahraini investment firms buy U.S. company PRO Unlimited

DUBAI - Bahrain-based alternative investment fund Investcorp and sovereign fund Mumtalakat [BHMUT.UL] have acquired U.S. software and services firm PRO Unlimited for around $300 million.

9:01am EDT

Lufthansa says SunExpress likely partner for low-cost long-haul


BERLIN - Lufthansa said talks to make SunExpress, its joint venture with Turkish Airlines, a partner in its new low-cost long-haul Wings concept were progressing well.

Novo Nordisk says will update on possible NNIT IPO in Jan

COPENHAGEN - Denmark's Novo Nordisk said on Thursday that it would provide an update on whether or not to list its IT subsidiary NNIT on January 30, when it provides its next earnings report.

4:01am EDT

Spirit Pub agrees to extend deadline for Greene King offer

- Britain's Spirit Pub Company Plc said it had agreed to extend the deadline for a 109.5 pence-per-share takeover offer from brewer and pub owner Greene King Plc until Nov. 4.

3:35am EDT

Wed, Oct 29 2014

Etihad, Alitalia offer concessions in bid for EU approval for stake deal


BRUSSELS - Etihad Airways and struggling Italian carrier Alitalia have offered concessions in a bid to win European Union antitrust approval for the Abu Dhabi airline's plan to acquire 49 percent of Alitalia.

Numericable launches 4.7 billion euro rights issue


LONDON/PARIS - French cable operator Numericable launched its promised 4.7 billion euro ($6 billion) rights issue on Wednesday to help finance the takeover of Vivendi's SFR mobile network division.

29 Oct 2014

Tue, Oct 28 2014

Shell Midstream Partners prices IPO at $23/unit

- Shell Midstream Partners LP , a master limited partnership formed by Royal Dutch Shell Plc , priced its enlarged initial public offering of 40 million units at $23 per unit, above its expected price range of $19-$21 per unit.

28 Oct 2014

Luxottica dual CEO structure a test of a management textbook no-no

MILAN - The recent management overhaul at Luxottica is testing one of the corporate world's textbook no-no's: dual CEOs.

28 Oct 2014

Shareholders in TUI AG, TUI Travel back merger deal

HANOVER Germany/LONDON - Shareholders in both German travel and tourism group TUI AG and British travel group TUI Travel on Tuesday approved the pair's plans to merge.

28 Oct 2014

Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.