Italy extends deadline for sale of Alitalia to end of October
Italy's government on Thursday extended the deadline for the sale of struggling flagship carrier Alitalia [CAITLA.UL] to the end of October, Industry minister Carlo Calenda said.
Industry, Materials & Utilities Headlines
Engie looked at buying Direct Energie but decided against it: CEO Kocher
Engie CEO Isabelle Kocher said the utility had considered buying independent power retailer Direct Energie but decided against it.
UK watchdog threatens full investigation into SSE, Npower utility merger
Britain's competition watchdog said the planned merger of SSE's retail power and gas business in the UK with Npower, owned by German rival Innogy , could lead to higher prices for customers and warrants further scrutiny.
LG Elec, LG Corp buy Austrian auto light maker ZKW for $1.3 billion
South Korea's LG Electronics and holding company LG Corp said on Friday they agreed to buy a combined 100 percent stake in Austrian car light maker ZKW Holding GmbH for 1.4 trillion won ($1.3 billion).
Airbus, Bombardier hope to close CSeries deal by late May: sources
Airbus SE and Bombardier aim to close a deal giving the European planemaker a majority stake in the Canadian company's CSeries jetliner program by the end of May, ahead of an initial timetable, two people familiar with the matter told Reuters.
Lockheed, MBDA eye German missile defense contract by year-end
U.S. arms maker Lockheed Martin Corp and Europe's MBDA hope to finalize a contract with the German government by the end of the year for a new air and missile defense system worth billions of euros, a top Lockheed executive said on Wednesday.
Linde's offer to minority shareholders raises hopes for Praxair deal
German industrial gases group Linde on Wednesday announced plans to buy out minority shareholders following its planned merger with rival Praxair in a sign the deal will clear regulatory hurdles soon.
Italy cabinet to meet Thursday to delay Alitalia sale, bridge loan - sources
A cabinet meeting has been called Thursday to approve a delay in the sales process of flagship carrier Alitalia and the repayment of a bridge loan, two government sources said on Wednesday.
South Africa's Exxaro to dispose of remaining stake in Tronox
South African miner Exxaro Resources said on Wednesday it plans to dispose of its remaining stake in U.S. titanium products company Tronox to fund capital commitments, repay debt and to distribute capital to shareholders.
Saudi sets up committee on Saudi Oger debt restructuring: sources
Saudi Arabia is setting up a committee to handle the restructuring of debt owed by Saudi Oger, the construction company owned by the family of Lebanese Prime Minister Saad al-Hariri, said two sources familiar with the matter.
White House doctor Ronny Jackson withdraws from VA nomination
WASHINGTON U.S. President Donald Trump's physician Ronny Jackson withdrew on Thursday from the nomination to head the Department of Veterans Affairs after allegations about misconduct mounted and a Senate panel postponed his confirmation hearing.
