MILAN Telecom Italia's efforts to recruit investors to help it to create a national broadband champion with Open Fiber have stalled, sources close to the matter say, as it is proving hard to hammer out a deal structure.
MILAN London Stock Exchange does not plan to shed any assets after its deal with Refinitiv and considers its subsidiary Borsa Italiana strategic, LSE board member and Borsa Italiana CEO Raffaele Jerusalmi told newspaper Il Sole 24 Ore on Friday.
MILAN Intesa SanPaolo is selling its retailers' payment business to Nexi in a 1 billion euro ($1.1 billion)deal that will give the Italian bank a 10% stake in the country's biggest payments group.
MILANO Italian eyewear maker Safilo said on Wednesday it expected the loss of licences with luxury LVMH brands to wipe 200 million euros ($220 million) off its annual sales and it would cancel its dividend for five years, sending its shares plunging almost 22 percent.
LONDON/MILAN, Nov 28 U.S. apparel and footwear
conglomerate VF Corporation and buyout funds Permira and Advent
are lining up indicative offers for Italian shoe brand Golden
Goose ahead of a mid December deadline, sources familiar with
the matter told Reuters.
MILAN Salini Impregilo expects to wrap up the acquisition of smaller building rival Astaldi early next year as it pushes ahead with plans to create a domestic construction champion, the group's general manager said on Wednesday.
MILAN, Nov 13 Salini Impregilo expects
to wrap up the acquisition of smaller building rival Astaldi
early next year as it pushes ahead with plans to create
a domestic construction champion, the group's general manager
said on Wednesday.
PARIS/TURIN, Italy Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday.