Accor SA (ACCP.PA)
22 Jun 2018
* Banks in focus after report UniCredit exploring SocGen merger
* DS Smith rises after bid for Spanish rival (Adds closing prices)
PARIS AccorHotels is looking at taking a minority stake in troubled airline Air France KLM to compete better with the broader travel packages offered by online rivals such as Expedia and Booking.com.
* Ex-French President Sarkozy on Accor's board (Adds comments from French minister, link to Breakingviews column)
PARIS The French government is open to talks between AccorHotels and Air France KLM since it views the potential tie-up as having merits, junior economy minister Delphine Geny-Stephann on Monday.
SYDNEY More restructuring is needed at French flag carrier Air France, the head of Dutch sister airline KLM said on Monday.
LONDON, June 4 British shares rose on Monday as a flurry of deals lifted investors' mood and helped brush aside fears about a possible full-blown trade war between the U.S. and some of its closest partners.
SYDNEY, June 4 More restructuring is needed at French flag carrier Air France, the head of Dutch sister airline KLM said on Monday.
LONDON, June 4 European shares extended their recovery rally on Monday thanks to bank stocks as dealmaking took centre stage again after a week of political tension in Italy and Spain.
PARIS Europe's largest hotel group, AccorHotels said on Sunday it was interested in acquiring a minority stake in Air France-KLM .