FRANKFURT, Feb 25 German generic drugs maker Stada Arzneimittel said on Saturday it had started a structured bidding process after receiving takeover bids from three buyout groups.
SAO PAULO, Feb 24 Vale SA has stepped up the search for a new chief executive officer as Murilo Ferreira announced his departure, signaling efforts by some top shareholders to shield the world's No. 1 iron producer from political interference, three people with direct knowledge of the situation said on Friday.
Feb 24 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:
MILAN, Feb 24 Italy's biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country's largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders.
BRUSSELS, Feb 24 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* Politicians, unions worried over threat to jobs (Updates after meeting with business minister)
Feb 24 UK's CMA (Competition and Markets Authority):
* Invista to explore strategic alternatives for its apparel & advanced textiles business
FRANKFURT, Feb 24 Activist investor AOC has called for Stada's management and supervisory boards to run a non-biased, transparent sales process for the German generic drugs maker.
LONDON, Feb 24 Unilever said the shock of Kraft Heinz's opportunistic approach had jolted it to re-examine its strategy, and all aspects of the consumer goods giant's business were up for review to increase shareholder value.
NATIONAL HARBOR, Md./WASHINGTON President Donald Trump said he would make a massive budget request for one of the "greatest military buildups in American history" on Friday in a feisty, campaign-style speech extolling robust nationalism to eager conservative activists. | Video