LONDON/FRANKFURT Japan's Mitsubishi UFJ Financial Group is the leading bidder for the aviation financing business of Germany's No.2 lender DZ Bank, people close to the matter said.
ZURICH/FRANKFURT ABB is in talks with Hitachi Ltd and Mitsubishi Electric Corp to sell all or part of its power grids business, sources familiar with the matter told Reuters, boosting the embattled Swiss engineer's shares.
ZURICH/FRANKFURT, Nov 15 ABB is in talks with Hitachi Ltd and Mitsubishi Electric Corp to sell all or part of the Swiss engineering group's embattled power grids business, sources familiar with the issue told Reuters.
FRANKFURT Activist fund Elliott's raised stake in Uniper could pave the way for a new takeover attempt by Finland's Fortum , which is already the German energy group's largest shareholder, according to people close to the matter.
FRANKFURT German fintech company Wirecard raised its profit target after strong third-quarter earnings on Wednesday, but slower than expected transaction volumes in Europe weighed on its shares.
FRANKFURT, Nov 13 Korean petroleum products
maker SK Innovation and several buyout groups have
been short-listed in an auction for Evonik's
methacrylates plastics unit, which makes clear acrylic sheets,
people close to the matter said.
FRANKFURT/NEW YORK Buyout group Carlyle has picked four banks to lead the U.S. stock market listing of German speciality chemicals group Atotech, a former part of oil group Total , people close to the matter said.
Dutch cooperative lender Rabobank is exploring the sale of its retail and wealth management operations in the United States in a deal that could top $1 billion, people familiar with the matter said on Monday.
FRANKFURT, Nov 8 Germany's fragmented healthcare
services sector is poised to continue its recent consolidation
with imminent sales of Bonitas Holding and Median Kliniken,
sources close to the matter said.
LONDON/FRANKFURT, Nov 9 NordLB is trying to shed
almost all of its non-performing shipping loans this year, much
earlier than publicly indicated, as the German bank steps up
efforts to clean up its balance sheet, sources close to the