Ladder Capital Corp , a real estate investment trust which has bankrolled much of U.S. President-elect Donald Trump's property development, is exploring the possibility of a sale, according to people familiar with the matter.
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).
Dubai-based ports operator DP World Ltd said it had partnered with Caisse de depot et placement du Quebec, Canada's second-biggest public pension fund, to create a C$5 billion ($3.76 billion) investment vehicle.
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.
WASHINGTON/NEW YORK U.S. President-elect Donald Trump spoke by phone on Friday with Taiwanese President Tsai Ing-wen, a move that is likely to infuriate China and complicate U.S. relations with Beijing.