MOSCOW Leonid Fedun, a major shareholder and vice president at Russia's No.2 oil producer Lukoil , has not ruled out selling his stake to Kremlin-controlled Rosneft , RBC newspaper reported on Saturday.
PARIS Private equity group PAI Partners expects to receive bids for its French lab testing chain Cerba on Dec. 8 in a deal that could be worth as much as 1.8 billion euros ($1.92 billion), two sources close to the matter said on Friday.
FRANKFURT/WASHINGTON President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday.
MONACO Japanese sportswear giant Asics Corp will take over from Adidas as the official sponsor of the International Association of Athletics Federations (IAAF), a source with knowledge of the deal told Reuters on Friday.The IAAF is expected to announce the deal on Saturday. Adidas, who had signed an 11-year sponsorship deal with the IAAF that was set to run until 2019, said on Friday it was ending the deal three years early.
MILAN Ailing Italian bank Monte dei Paschi di Siena said on Friday provisional data showed the take-up of a debt swap offer that is a crucial plank of its rescue plan exceeded 1 billion euros ($1.1 billion).
FRANKFURT Aixtron will have to take action to balance income and costs, including potential job cuts, if U.S. President Barack Obama blocks its takeover by China's Fujian Grand Chip Investment Fund (FGC).
ZURICH Actelion's silence speaks volumes to the dozens of event-driven hedge funds piling into the Swiss biotech firm, betting that Johnson & Johnson's (J&J) approach will result in an outright takeover and handsome returns.
MADRID The ouster of Banco Popular's chairman could mark it out for a potential takeover and trigger another round of mergers in Spain's banking sector, five years after the European financial crisis caused an earlier wave of consolidation.
FRANKFURT Wacher Chemie is in early talks with Chinese suitors interested in taking a stake in the German chemical group's silicon wafers unit Siltronic , three people familiar with the matter said.
LONDON British regulators should be given wider powers to block mergers, particularly if a company has strategic significance, after the country's exit from the European Union, Sharon White, head of communications watchdog Ofcom said.
BEIJING/WASHINGTON China lodged a diplomatic protest on Saturday after U.S. President-elect Donald Trump spoke by phone with President Tsai Ing-wen of Taiwan, but blamed the self-ruled island Beijing claims as its own for the "petty" move. | Video