Fri, Mar 7 2014
WASHINGTON - Top Airbus executives on Friday said they still hoped to expand the company's share of the shrinking U.S. defense market but did not see a large U.S. acquisition target in the near-term.
ATHENS - Greek lender Alpha Bank said on Friday it was planning to sell new shares worth up to 1.2 billion euros ($1.66 billion) to plug capital holes and buy back preference shares owned by the country's government.
- Network security company FireEye Inc and its investors sold a second round of shares to the public on Friday to finance expansion and cash in on enthusiasm for its offerings.
PARIS - Airbus Defense and Space said on Friday that it will supply six A330 MRTT refueling jets to Singapore's air force and that India was close to ordering another half dozen.
PARIS - Loss-making France-Corsica ferry operator SNCM, which is partly owned by French water and waste group Veolia Environnement , plans to order four new ships, an SNCM spokesman said on Friday.
MILAN - Five U.S. private equity funds have expressed interest in the "bad bank" unit of Italy's Banco Popolare , according to sources, in a sign of growing appetite from foreign investors for real estate and distressed credit in the country.
LONDON - British engineering company Rolls-Royce said on Friday it would fund the purchase of German carmaker Daimler's 50 percent stake of a jointly owned power systems company using cash and some borrowing.
MADRID - British telecoms group Vodafone has reached a preliminary deal to buy Spanish cable group Ono after raising its initial bid for the company, two people with knowledge of the discussions said on Friday.
NEW YORK - InterMune Inc , a drugmaker that specializes in treating fatal scarring of the lungs, is attracting takeover interest from several pharmaceutical companies, according to people familiar with the matter.
OSLO - Norway's $850 billion sovereign wealth fund, the world's largest, must answer questions on its acquisition of a stake in Formula One, Norwegian parliamentarians said on Friday.
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.