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Mergers & Acquisitions

Bayer CEO says Monsanto's reputation is a "major challenge"

BONN, April 28 Bayer's chief executive acknowledged on Friday that he will face an uphill battle to improve Monsanto's reputation once Bayer completes the takeover of the U.S. seeds and agrochemicals company.

UPDATE 2-Sanofi beats profit forecasts, upbeat on prospects for eczema drug

PARIS, April 28 French drugmaker Sanofi's profit beat forecasts in the first quarter and confirmed its earnings outlook for the year, lifting its shares on Friday.

1:58pm IST

Safran confirms talks to buy Zodiac Aerospace continue

PARIS, April 28 Safran said on Friday its talks to buy Zodiac Aerospace were continuing after the French company issued a new profit warning.

1:29pm IST

CORRECTED-UPDATE 2-Zodiac aims to complete Safran deal, CEO offers resignation

PARIS, April 28 Zodiac Aerospace said its chief executive planned to quit and added to a litany of profit warnings as it reaffirmed hopes of merging with engine maker Safran to end a prolonged crisis in its aircraft seats plants.

Hedge fund TCI urges Safran to walk away from Zodiac after new warning

PARIS, April 28 UK hedge fund TCI Fund Management renewed pressure on France's Safran to drop plans to buy Zodiac Aerospace after the aircraft seats maker issued the second profit warning in as many months and posted a first-half operating loss.

Regulatory News, IPOs 12:20pm IST

BRIEF-Nyrstar sells Campo Morado mine for $20 mln cash consideration

* Announced on Thursday sale of Campo Morado mine for a total cash consideration of $20 million

11:57am IST

Poland - Factors to Watch Apr 28

Following are news stories, press reports and events to watch that may affect Poland's financial markets on Friday. ALL TIMES GMT (Poland: GMT + 2 hours):

11:32am IST

Genzyme, CHC lift Sanofi's first-quarter figures, upbeat on Dupixent

PARIS, April 28 French drugmaker Sanofi reported higher-than-expected first-quarter profits on Friday, buoyed by its specialty care division Genzyme, by vaccines, and by consumer products acquired from Germany's Boehringer Ingelheim.

11:07am IST

Zodiac Aerospace to pursue Safran tie-up, CEO offers resignation

PARIS, April 28 France’s Zodiac Aerospace on Friday reaffirmed plans to combine with engine maker Safran and said chief executive Olivier Zarrouati had agreed to stay on "for a while" after offering his resignation to the board.

10:49am IST

BRIEF-Thales acquires Guavus in the US

* Thales acquires US company Guavus, a real-time big data analytics

10:47am IST