Deals - Europe Headlines

Italian bank BPM's CEO says merger talks always tough to conclude


MILAN The head of Italian lender Banca Popolare di Milano (BPM) sounded a cautious note on Monday about an expected tie-up with rival Banco Popolare , saying it was hard to know when merger talks might conclude.

Deals, Italy 8:36pm EST

U.S. drugmaker Pernix Therapeutics explores sale: sources

NEW YORK Pernix Therapeutics Holdings Inc , a U.S. specialty pharmaceutical company, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on Monday.

3:33pm EST

Hutchison seeks EU approval for Vimpelcom deal


BRUSSELS - CK Hutchison Holdings Ltd has started formal proceedings to get EU approval for merging its Italian mobile telecoms business with Vimpelcom's, at a time when it is still in the throes of trying to win approval for its UK bid to create Britain's biggest mobile operator.

Cigar maker STG narrows range of its IPO: source

COPENHAGEN The world's largest cigar maker, Scandinavian Tobacco Group (STG), has narrowed the price range for its initial public offering (IPO) to 99-103 Danish crowns ($14.79-$15.38) per share, a person familiar with the matter told Reuters on Monday.

11:49am EST

Pfizer unveils management line up for combined company


Pfizer Inc , which agreed to buy Allergan Plc for $160 billion last year, unveiled its management line up for the combined company, once the deal closes in the second half of 2016.

10:27am EST

AXA takes 8 percent stake in Africa Internet Group for 75 million euros


FRANKFURT E-commerce firm Africa Internet Group and French insurer AXA said on Monday they had formed a partnership in which AXA will be the exclusive provider of insurance to AIG and invest 75 million euros ($84 million) to take a roughly 8 percent stake in it.

8:30am EST

OzForex says talks to be acquired by Western Union fail, shares slump


SYDNEY Australia's OzForex Group Ltd said it has terminated talks to be acquired by Western Union after the U.S. money wiring giant failed to submit a binding proposal, sending its shares tumbling nearly 40 percent to an all-time low.

8:26am EST

Volkswagen says is open to listing trucks business


FRANKFURT Volkswagen AG's trucks business may pursue acquisitions or even a public listing, the company said on Monday, only days after the parent company was forced to delay publishing earnings in the wake of a diesel emissions scandal.

6:31am EST

Investors in Thai Big C cheer $3.5 billion stake sale, rival bid seen unlikely


BANGKOK Investors in Big C , one of Thailand's largest supermarket chains, cheered on Monday an up to $3.5 billion deal by France's Casino Group to sell its majority holding to TCC Group, owned by whiskey tycoon Charoen Sirivadhanabhakdi.

Deals, France 3:55am EST

Fri, Feb 5 2016

Rothesay Life in talks to buy Aegon's UK annuity book: source


LONDON British insurance firm Rothesay Life is in exclusive talks to buy the 9 billion pound ($13 billion) UK annuity book of Dutch insurer Aegon, a source familiar with the matter said on Friday.

05 Feb 2016

In New Hampshire, Clinton asks women to ‘lean in’ to her candidacy

At nearly every stop Hillary Clinton has made in New Hampshire since arriving here last week, a supporter, a surrogate or Clinton herself has reflected on the potentially historic nature of her candidacy.