FRANKFURT German agriculture group BayWa is in advanced talks with Credit Suisse over the sale of a minority stake in its renewables business for a potential value of 2 billion euros ($2.2 bln) including debt, two people familiar with the matter said.
FRANKFURT/ZURICH Clariant is reviving the sale of its pigments unit, people familiar with the matter told Reuters, which may fetch up to 900 million Swiss francs ($927.7 million) as the Swiss chemicals maker slims down after failing to combine with peers.
LONDON/FRANKFURT European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros (£1.6 billion), three sources told Reuters.
FRANKFURT Daimler warned its earnings halved in 2019 and it faced further charges of up to 1.5 billion euros ($1.7 billion)related to diesel pollution, in the latest blow to the German luxury carmaker.
FRANKFURT Springer Nature, the publisher of science magazines Nature and Scientific American, is reviving plans for a stock market listing, two years after a first attempt fell through, people close to the matter said.
WARSAW/FRANKFURT (Germany) Poland's biggest bank PKO BP and a consortium of insurer PZU and its subsidiary Pekao are expected to file initial bids for Commerzbank's Polish arm, mBank by mid-January, three sources told Reuters.
FRANKFURT, Dec 11 Swiss buyout firm Partners
Group has entered exclusive talks to buy Austrian
packaging maker Schur Flexibles from fellow private equity
investor Lindsay Goldberg Vogel, people close to the matter
FRANKFURT Deutsche Bank pared back its revenue growth target on Tuesday, highlighting the tough task facing Germany's biggest lender to revive its fortunes against a gloomy economic backdrop. | Video