United Kingdom

Arno Schuetze

EQT to launch sale of Swiss outsourcing company VFS

15 Jan 2019

FRANKFURT/ZURICH Buyout group EQT Partners is launching the sale of outsourcing firm VFS in coming weeks in a potential 2-2.5 billion Swiss franc deal, people close to the matter said.

Liberty Latin America in bid to acquire Millicom

14 Jan 2019

NEW YORK/FRANKFURT Liberty Latin America Ltd , a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA with an acquisition offer, Millicom said on Monday.

German utility EWE to offer minority stake next month: sources

11 Jan 2019

FRANKFURT German regional utility EWE [LANDWE.UL] will offer investors a minority stake next month, three people familiar with the matter said, in a deal that could value the whole group at up to 6.2 billion euros ($7.2 billion).

Clariant begins 2020 sale plan with search for pigments buyer

10 Jan 2019

FRANKFURT/ZURICH Switzerland's Clariant has begun the sale of its pigments business as part of wider a streamlining which it has said it will complete by the end of 2020, sources said.

BASF plans to shed assets to try to salvage Solvay deal: sources

08 Jan 2019

FRANKFURT BASF is looking to shed a sizeable portfolio of assets to try to salvage a deal it struck in 2017 to buy Belgian chemicals group Solvay's polyamide business, people close to the matter said.

Thyssenkrupp to propose Merz as chairwoman as year of turmoil ends

19 Dec 2018

FRANKFURT Thyssenkrupp will propose as chairwoman Martina Merz, whose background includes roles at Volvo , Bosch [ROBG.UL] and Lufthansa , the German company said, as it prepares to spin off its capital goods units.

NordLB in talks to sell ship loans to Cerberus, stake in bank: sources

18 Dec 2018

FRANKFURT/BERLIN German public sector bank NordLB is in exclusive talks to sell the last of its soured shipping loans to Cerberus, while also talking to Cerberus and rival Centerbridge about a potential investment in the bank, sources close to the matter said.

World News

As shutdown lingers, Pelosi pushes Trump to delay State of Union speech

With the partial U.S. government shutdown now in its 26th day, House Speaker Nancy Pelosi on Wednesday urged President Donald Trump to reschedule his State of the Union address - a move that could deny him the opportunity to use the pageantry of the speech to attack Democrats in their own chamber over the impasse.