Edition:
United States

Pamela Barbaglia

Michael Kors set to snap up Italy's Versace: sources

Sep 24 2018

LONDON U.S. fashion group Michael Kors has agreed to take control of Versace in a deal that could value one of Italy's most prized designers at $2 billion, sources familiar with the matter said on Monday. | Video

British inquiry intensifies Danske Bank money laundering scandal

Sep 21 2018

COPENHAGEN/LONDON Danske Bank's money laundering scandal spread on Friday to Britain where the National Crime Agency (NCA) said it is investigating the use of UK-registered companies. | Video

Italian prosecutors arrest ex-Deutsche Bank trader in Euribor probe

Sep 21 2018

LONDON/MILAN Britain's Serious Fraud office said on Friday former Deutsche Bank trader Andreas Hauschild was arrested in Italy over alleged manipulation of the Euribor benchmark and Milan prosecutors would need to decide whether to hand him over.

KKR-backed Calsonic lines up 5 billion euro financing for Magneti takeover: sources

Sep 21 2018

LONDON/FRANKFURT Calsonic Kansei has lined up around 5 billion euros ($5.9 billion) in financing from Japanese banks to fund its proposed acquisition of Fiat Chrysler's unit Magneti Marelli, four sources familiar with the matter said.

KKR-backed Calsonic lines up 5 bln euro financing for Magneti takeover - sources

Sep 21 2018

LONDON/FRANKFURT, Sept 21 Calsonic Kansei has lined up around 5 billion euros ($5.9 billion) in financing from Japanese banks to fund its proposed acquisition of Fiat Chrysler's unit Magneti Marelli, four sources familiar with the matter said.

Exclusive: Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale - sources

Sep 18 2018

LONDON Nestle , Unilever and Coca-Cola are among bidders for GlaxoSmithKline's Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.

Network International's owners pick banks for float: sources

Sep 14 2018

LONDON/NEW YORK/DUBAI The owners of Network International are working with investment banks Evercore and Citi on an initial public offering (IPO) of the largest payment processing firm across the Middle East and Africa, sources familiar with the matter said.

French insurer Covea examining new approach to Scor takeover: sources

Sep 14 2018

PARIS Unlisted French cooperative insurer Covea is working on a new approach to its planned takeover of reinsurer Scor after its friendly 8.2 billion euro ($9.5 billion) offer was rejected last month, two sources close to the deal said on Friday.

World News