Dasha Afanasieva

Breakingviews - LVMH-Pernod bid talk makes for watery cocktail

04 Mar 2019

MILAN/LONDON (Reuters Breakingviews) - Ever since uppity investor Elliott Advisors turned up at Pernod Ricard late last year, Paris has been awash with talk that LVMH is lurking somewhere behind the gilded curtains, waiting to pounce on the $46 billion spirits group. The rumours reached a fever pitch in February when an equity research firm published a report detailing the potential financial benefits that might accrue from such a deal.

Breakingviews - BP beats Rosneft in valuation, not operations

05 Feb 2019

LONDON (Reuters Breakingviews) - Bob Dudley and Igor Sechin both have something the other lacks. The BP chief executive, whose $138 billion oil producer owns 20 percent of Sechin’s $67 billion Rosneft, may look covetously at the Russian group’s fat margins. Sechin, meanwhile, will look ruefully at Dudley’s much perkier valuation.

Breakingviews - Oleg Deripaska’s En+ deal is more sour than sweet

23 Jan 2019

LONDON (Reuters Breakingviews) - Oleg Deripaska has become a political football. A pre-Christmas deal with the U.S. Treasury to lift sanctions on the Russian oligarch’s power group En+ has riled Democrats worried about the Kremlin’s influence in domestic politics. While the deal contains multiple grey areas, the overall upshot looks sufficiently black and white.

Europe is biggest drag in slump in 2018 equity raising

21 Dec 2018

LONDON European equity raising slowed sharply in 2018, making it the biggest drag on falling global activity, Refinitiv data showed on Friday, as political uncertainty and growth concerns made it harder to persuade investors to buy stock.

Macquarie nearing sale of Poland's Gdansk port terminal to SWF-led group: sources

20 Dec 2018

LONDON/WARSAW A consortium of investors including the Poland's sovereign wealth fund PFR is close to buying the country's DCT Gdansk port terminal, owned by the infrastructure fund of Australia's Macquarie, three sources familiar with the matter said.

UPDATE 1-Investing platform AJ Bell's shares jump 9 pct in London debut

07 Dec 2018

LONDON, Dec 7 Britain's AJ Bell bucked a trend of lacklustre European initial public offerings (IPOs), as the investment platform provider's shares jumped more than 9 percent in their market debut on the London Stock Exchange on Friday.

Investing platform AJ Bell to trade in London after $860 mln IPO

07 Dec 2018

LONDON, Dec 7 Britain's AJ Bell is set to trade on the London Stock Exchange on Friday, after an initial public offering (IPO) that valued the investment platform provider at up to 675 million pounds ($863 million).

Spanish online bank WiZink looks to float in 2019 -sources

05 Dec 2018

FRANKFURT/LONDON/MADRID, Dec 5 Investment firm Varde Partners is planning to float its Spanish online bank WiZink next year, with investment banks UBS and Goldman Sachs likely to be selected as IPO coordinators, people close to the matter said.

London court throws out PrivatBank case against former shareholders

04 Dec 2018

LONDON A London court ruled on Tuesday that it had no jurisdiction in a case pitting PrivatBank against its two former main shareholders, representing a setback in efforts by Ukraine's largest lender to claw back money it says was lost to fraud.

UPDATE 2-London court throws out PrivatBank case against former shareholders

04 Dec 2018

* Court said it has no say in bank's case against former owners

World News

British PM May battles to keep control of Brexit

British Prime Minister Theresa May admitted on Monday she did not have the backing to pass her European Union withdrawal deal as some in her party called on her to quit and parliament plotted to wrest the Brexit process away from her government.