€4bn Birkenstock sells majority stake to L Catterton
Germany’s iconic sandal maker Birkenstock announced its has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton. Sources close to the…
Germany’s iconic sandal maker Birkenstock announced its has agreed to sell a majority stake to LVMH-backed private equity firm L Catterton. Sources close to the…
Deutsche Telekom has reported €100 billion of revenue for the first time in its 2020 financial results, driven by the takeover of competitor Sprint in…
Vantage Towers, the mobile infrastructure company spun out of Vodafone Group, has announced its intention to float on the Frankfurt Stock Exchange by the end of…
Aviva said it has agreed the sale of its operations in France for €3.2 billion in cash to Macif’s Aéma Groupe as part of the…
Edmond de Rothschild Real Estate Investment Management (REIM) said it has raised an initial €250 million for its new European real estate debt strategy. It…
Global company stock dividends fell 12.2% to $1.255 trillion on a headline basis in 2020 after a relatively strong finish to the year, according to the Janus…
NatWest Group — formerly known as RBS — said on Friday it intends to begin a phased withdrawal for its Ulster Bank business from the Republic…
The European Central Bank (ECB) has published its audited financial statements for 2020 showing that its profit for the year was €1.643 billion, down from €2.366 billion…
Global debt soared by $24 trillion in 2020 to a new record high of $281 trillion, with European countries seeing some of the biggest increases…
Former UniCredit boss Jean-Pierre Mustier is joining forces with France’s richest man Bernard Arnault and former Bank of America investment bank boss Diego De Giorgi to…
Russian cut-price retailer Fix Price said on Monday it is considering an initial public offering in London and Moscow of its global depositary receipts (GDRs)….
Shares of Vivendi rose almost 20% on Monday following its announcement at the weekend that it plans to distribute 60% of Universal Music’s capital to…
ESG Core Investments, a Dutch special purpose acquisition company (SPAC) with an environmental, social and governance (ESG) profile, has listed on the Euronext Amsterdam Exchange….
Amsterdam overtook London as Europe’s biggest share trading venue in January — as Brexit saw about 50% of London’s trading volumes move to the continent…
Pan-European financial exchanges operator Euronext said on Wednesday its 2020 revenue rose 30.2% to €884.3 million and reported net income soared 42.1% to €315.5 million. Euronext operates…
Brexit will cost the London economy up to £9.5 billion a year – with the city’s service sectors bearing the brunt of the downturn, according…
Paris-based investment giant Amundi — Europe’s largest fund manager with €1.7 trillion of assets — announced that chief executive Yves Perrier will be succeeded by…
Hydrogen-Refueling-Solutions (HRS), the French company specialising in hydrogen refuelling stations, has listed on Euronext Growth Paris with a ticker code of ALHRS. The listing is…
The UK government’s pension liabilities soared to £6.4 trillion in 2018, up 21% from 2015, according to new figures from the Office for National Statistics (ONS)….
Deutsche Bank said it has climbed to the top of the league table for Sovereign, Supranational and Agency (SSA) debt issuance in what has been…
German car maker Daimler announced it is planning to spin off of Daimler Truck — the world’s biggest truck and bus maker — and rename itself…
The European Commission said it has disbursed €14 billion to nine member states in the fourth instalment of financial support to EU countries under the…
Leading international law firm Simpson Thacher & Bartlett LLP said on Monday it plans to open an office in Brussels this summer in the wake…