LONDON The London Stock Exchange (LSE) said on Friday it may sell all or part of Borsa Italiana to help get its $27 billion takeover of Refinitiv over the line, a move that could trigger a bidding war among European exchanges for the Milan assets.
LONDON Money manager Schroders on Thursday posted a 10% fall in half-year profit after the coronavirus crisis made investors cautious and drove heavy outflows from mutual funds, although assets under management rose to a record high.
LONDON/FRANKFURT Investment firm Eurazeo has asked bidders to submit last-ditch bids in September for French car rental firm Europcar Mobility Group SA as it seeks to avert a painful restructuring, sources familiar with the matter told Reuters.
LONDON British Airways owner IAG said on Friday it is drawing up plans for a possible rights issue of up to 2.75 billion euros (2.51 billion pounds) to strengthen its balance sheet. | Video
LONDON, July 24 British Airways owner
IAG is set to issue shares at the end of the summer in
a bid to raise up to 2.5 billion euros ($2.88 billion) to keep
the business afloat and avoid a government bailout, several
OSLO/LONDON U.S. firm eBay Inc has agreed to sell its classified ads business to Norway's Adevinta in a deal worth $9.2 billion, creating the world's largest classifieds group, the companies said on Tuesday.
NEW YORK/LONDON Norway's Adevinta has won the auction to buy the bulk of eBay's classified ads unit for nearly $9 billion, with the U.S. e-commerce firm planning to keep a minority stake, two sources familiar with the matter told Reuters on Monday. | Video
FRANKFURT/LONDON UBS and Morgan Stanley are expected to organise the lucrative listing of Vodafone's European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.