United States

Arno Schuetze

Czech investor readies financing for possible Metro bid: sources

Jan 18 2019

FRANKFURT Czech investor Daniel Kretinsky is preparing a potential bid for Metro , people close the matter said, sending shares in the German retailer as much as 6 percent higher on Friday.

EQT to launch sale of Swiss outsourcing company VFS

Jan 15 2019

FRANKFURT/ZURICH Buyout group EQT Partners is launching the sale of outsourcing firm VFS in coming weeks in a potential 2-2.5 billion Swiss franc ($2.03-2.54 billion) deal, people close to the matter said.

Liberty Latin America in bid to acquire Millicom

Jan 14 2019

NEW YORK/FRANKFURT Liberty Latin America Ltd , a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA with an acquisition offer, Millicom said on Monday.

German utility EWE to offer minority stake next month: sources

Jan 11 2019

FRANKFURT German regional utility EWE [LANDWE.UL] will offer investors a minority stake next month, three people familiar with the matter said, in a deal that could value the whole group at up to 6.2 billion euros ($7.2 billion).

Clariant begins 2020 sale plan with search for pigments buyer

Jan 10 2019

FRANKFURT/ZURICH Switzerland's Clariant has begun the sale of its pigments business as part of wider a streamlining which it has said it will complete by the end of 2020, sources said.

BASF plans to shed assets to try to salvage Solvay deal: sources

Jan 08 2019

FRANKFURT BASF is looking to shed a sizeable portfolio of assets to try to salvage a deal it struck in 2017 to buy Belgian chemicals group Solvay's polyamide business, people close to the matter said.

Thyssenkrupp to propose Merz as chairwoman as year of turmoil ends

Dec 19 2018

FRANKFURT Thyssenkrupp will propose as chairwoman Martina Merz, whose background includes roles at Volvo , Bosch [ROBG.UL] and Lufthansa , the German company said, as it prepares to spin off its capital goods units.

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