PARIS France's Safran has crafted a deal to persuade family investors in Zodiac Aerospace to give up control in a merger that would create the world's third largest aerospace supplier.
U.S. packaging company WestRock Company is to buy Multi Packaging Solutions International Ltd for about $1.39 billion in equity, the latest deal in the industry as companies globally seek to consolidate to combat weakening demand.
SAO PAULO Swiss commodities trader Glencore Plc is considering additional sugar and ethanol mills takeovers in Brazil, where it recently bought a second plant, to ramp up operations in the world's No. 1 sugar producer, three people familiar with the plan said on Tuesday.
PARIS Private equity firm Colony Capital has exited the capital of Carrefour , some ten years after first investing in Europe's largest retailer.
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.
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.
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).
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.
WASHINGTON President Donald Trump planned to meet with Senate leaders on Tuesday to discuss his nominee to serve on the U.S. Supreme Court and said he planned to announce his choice next week. | Video