Commerzbank targets 10,000 job cuts
Commerzbank said on Thursday it is proposing to cut 10,000 jobs and close hundreds of branches as part of a strategy revamp announced just weeks…
Commerzbank said on Thursday it is proposing to cut 10,000 jobs and close hundreds of branches as part of a strategy revamp announced just weeks…
London-based Advanz Pharma on Wednesday recommended an $846 million takeover proposal from Nordic Capital, making the private equity fund a favorite to acquire the drug company. “This…
The European Commission said on Wednesday it will allow US financial firms to provide central clearing services in the European Union. The decision coincides with the UK’s efforts…
The European Commission said on Wednesday it issued a €14 billion social bond under the EU SURE instrument “to help protect jobs and people in…
FIFA, world soccer’s governing body, has warned that players who get involved in any breakaway European Super League would be banned from playing in FIFA…
Shares of German online luxury fashion retailer Mytheresa’s parent company soared as much as 39% in their US stock market debut on Thursday, giving the firm…
Euronext announced that Delphine d’Amarzit has been appointed CEO of Euronext Paris and member of the managing board of Euronext N.V., subject to regulatory and…
Bank of France governor Francois Villeroy de Galhau said nearly 2,500 jobs and €170 billion in assets have already been moved to France post-Brexit and…
The United Kingdom Debt Management Office (DMO) announced on Tuesday that the syndicated launch of £6.5 billion (nominal) of 0⅞% Treasury Gilt 2046 was priced…
Huuuge Inc, the producer of free-to-play social casino games, said on Monday it expects to raise up to $150 million from a new share issue…
EU competition regulators have approved the London Stock Exchange Group’s $27 billion all-share takeover of Refinitiv. A merger of the firms could create a serious…
Spain’s Telefónica said its Telxius Telecom subsidiary has agreed to sell its mobile phone mast division in Europe and Latin America to American Tower Corporation…
Patron Capital, the pan-European institutional investor focused on property-backed investments, said it has closed its most recent fund, raising €844 million. This includes €128 million…
French drug company Sanofi has agreed to buy Cambridge, England-based immunotherapy firm Kymab for up to $1.45 billion. Kymab is a clinical-stage biopharmaceutical company developing…
The U.S. Department of Justice said on Friday that Deutsche Bank has agreed to pay more than $130 million to resolve the US government’s investigation…
The European Commission said on Friday it has proposed to EU Member States the purchase of an additional 200 million doses of the COVID-19 vaccine…
Switzerland’s LafargeHolcim, the world’s biggest cement maker, has agreed a $3.4 billion deal to buy US commercial roofing giant Firestone Building Products from Japan’s Bridgestone…
Mergermarket’s global mergers and acquisitions (M&A) roundup for 2020 has revealed that $847.2 billion was spent on European assets in 2020 across 6,658 deals, representing…
Ireland’s debt agency said it raised almost a third of its 2021 fundraising target on Tuesday by selling €5.5 billion of 10-year bonds at a…
The three biggest trading venues in London that handle European shares saw almost all of this business move into the European Union on Monday, the…
Italy’s Angelini Pharma said on Monday it will buy Switzerland-based Arvelle Therapeutics in a cash transaction that values the biopharmaceutical company at up to $960…