(Reuters) – Assura on Friday said Britain’s Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11. The deadline, originally scheduled on Friday for KKR and Stonepeak Partners to make a firm offer …
UK’s Takeover Panel extends deadline for firm offer for Assura to April Read More »
MILANO (Reuters) – Italy’s antitrust regulator said on Friday it had opened a probe into Eni’s Plenitude unit for alleged unfair commercial practices. The investigation will look into the methods used by Eni’s retail and renewable business when renewing contracts. Between May and September 2024, clients complained that their electricity and gas supply contracts were …
(Reuters) -Glencore is doubling down on a cost-cutting drive at its Canadian copper and zinc plants in a further overhaul of its global smelting business, Bloomberg News reported on Friday. The miner’s copper plants in Quebec and several recycling sites in the U.S. will be absorbed into its global zinc smelting division, Bloomberg News added, …
Glencore overhauls Canadian copper and zinc plants, Bloomberg News reports Read More »
By Lucien Libert MARTILLAC, France (Reuters) – The owner of one of France’s top Bordeaux wine chateaux hopes U.S. President Donald Trump’s threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not. Trump on Thursday threatened to slap a 200% tariff on European wines and other alcoholic …
French vintner hopes Trump’s tariff threat on European wine is just posturing Read More »
By James Davey LONDON (Reuters) -Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability and ranges will “materially reduce” profit this year, sending shares in rivals tumbling on fears of a step up in competition. Asda, Britain’s third largest food retailer after Tesco and Sainsbury’s, lost a whole …
Britain’s Asda warns on profit as it invests in turnaround Read More »
By Ana Mano SAO PAULO (Reuters) -Germany’s Bayer has won an injunction to suspend a court ruling that gave Brazilian soybean farmers the right to reimbursement for royalties paid for expired patents of genetically modified soy seeds, according to a farmer group and a statement sent by the company to stakeholders this week. The injunction …
Bayer wins Brazil injunction in soy patent row with farmers Read More »
(Reuters) -Britain’s Bakkavor has rejected two bids from Greencore to buy it, the latest of which would have valued the food manufacturer at 1.14 billion pounds ($1.48 billion), the companies said on Friday. Bakkavor said the offer significantly undervalued it. Shares of Bakkavor jumped more than 18% to 179.5 pence, their highest in nearly six …
UK’s Bakkavor rejects $1.48 billion bid by rival food group Greencore Read More »
(Reuters) – British consulting firm Ricardo Plc on Friday rejected shareholder Science Group’s demand to replace its chair and two other directors, saying the call was not in the interests of Ricardo’s other shareholders. UK’s science and technology consultancy firm Science Group, which holds an over 15% stake in Ricardo, had urged the firm to …
UK’s Ricardo snubs shareholder Science Group’s call to shuffle board Read More »
MILAN (Reuters) – Luxury fashion group Prada’s CEO Andrea Guerra has flown to New York, a source close to the matter told Reuters, as the group is in talks to buy Capri Holdings-owned Versace in a deal that would unite two of the biggest names in Italian fashion. On his trip to the U.S. financial …
Prada’s CEO flies to New York as speculation swirls over Versace bid Read More »
(Reuters) – Beazley named long-time Marsh property executive Lindsay Shipper as its new North America head of commercial property, the insurance company said on Friday. The appointment was first reported by Thomson Reuters publication The Insurer on Wednesday, citing three property market sources familiar with the matter. London-listed Beazley said Shipper’s appointment will be effective …
Insurer Beazley names Shipper as head of North America commercial property Read More »
