Bank of Ireland to buy €440m Davy stockbrokers
Bank of Ireland said on Thursday it has agreed to buy most of stockbrokers J&E Davy for an enterprise value of €440 million. The deal comes…
Bank of Ireland said on Thursday it has agreed to buy most of stockbrokers J&E Davy for an enterprise value of €440 million. The deal comes…
French luxury group LVMH said on Tuesday it agreed to buy a 60% stake in Off-White LLC, the trademark owner of designer Virgil Abloh’s Off-White…
Italian luxury house Ermenegildo Zegna Group and Investindustrial Acquisition Corp. (IIAC), a special purpose acquisition corporation (SPAC), announced an agreement that is expected to make…
The European Commission said on Tuesday it sold a further €10 billion of bonds to support Europe’s recovery from the coronavirus crisis in a third…
By Mark McSherry France’s competition regulator the Autorité de la concurrence has fined Google €500 million for failing to negotiate in good faith with French publishers…
Ryanair has announced a recruitment drive for 2,000 new pilots to crew aircraft deliveries over the next three years as it recovers and rebuilds from the…
The European Commission has fined German carmakers Volkswagen and BMW a total of €875 million for colluding to curb the use of emissions cleaning technology…
Siemens Mobility said it has been awarded $3.4 billion of contracts in the United States to design, manufacture and technically support 73 multi-powered trains for…
Volkswagen’s luxury sportscar unit Porsche AG and Croatian electric supercar maker Rimac Automobili have agreed to set up a joint venture that incorporates Bugatti. The new hypercar…
Three major European truck manufacturers — Volvo Group, Daimler Truck and the Traton Group — have signed a non-binding €500 million agreement to install and operate…
The European Union on Thursday launched it free Digital Covid Certificate system designed to help EU citizens travel more freely across the 27-nation bloc and…
Banks in Norway, Denmark and Finland said on Wednesday they agreed to merge their mobile payment platforms to capitalise on demand for digital wallet offerings…
The European Commission announced it raised €15 billion to help finance Europe’s recovery from the coronavirus crisis in its second NextGenerationEU bond programme transaction. The…
The European Commission announced it has opened an in-depth investigation into International Airlines Group’s (IAG) proposed acquisition of Spain’s Air Europa. “The Commission is concerned…
The European Commission said it has disbursed the first €800 million of payments under NextGenerationEU, the temporary instrument to finance Europe’s recovery after the pandemic….
Visa has agreed to acquire Sweden’s Tink, an open banking platform company that enables financial institutions, fintechs and merchants to build tailored financial management services…
Germany’ federal cabinet on Wednesday approved a draft budget for 2022 that includes new debt of €99.7 billion to finance more Covid-19 measures — taking total…
Danish toymaker Lego Group has has unveiled its first prototype Lego brick made from recycled plastic. The new prototype, which uses PET (polyethylene terephthalate) plastic from…
The Republic of Ireland’s finance minister Paschal Donohoe has announced his intention to sell part of the state’s 13.9% shareholding in Bank of Ireland over…
Geir Karlsen has been appointed the new CEO of Norwegian Air Shuttle ASA, effective immediately, after the company’s board voted to end the 18-month tenure of Jacob…
The European Commission said on Tuesday it has opened a formal antitrust investigation to assess whether Google has violated EU competition rules by favouring its…
Volvo Car Group has announced it intends to establish a joint venture with Swedish battery firm Northvolt to develop and produce more sustainable batteries which…
The EU executive said on Friday that eight of the 10 banks previously excluded from syndicated debt sales backing the European Commission’s Covid-19 recovery fund of…
The Pensions Regulator (TPR) of the UK has announced that French drug company Sanofi has agreed to inject an upfront payment of £37 million into…
The European Union has excluded some of the world’s most powerful investment banks with past involvement in breaches of anti-trust rules from syndicated debt sales…
Berlin-based online spectacles retailer Mister Spex announced that it plans to float on the Frankfurt Stock Exchange in the third quarter of 2021. “The IPO will…
Klarna, the Swedish “buy now and pay later” payments firm, has announced a new equity funding of $639 million. Klarna said the round was led…
Swedish battery maker Northvolt has raised $2.75 billion to expand capacity at the factory it is building in northern Sweden to help satisfy increasing demand…
Greystar Europe Investment Management B.V. announced it has closed €725 million in equity commitments into its flagship pan-European residential closed-end property fund. “The vehicle received…
The European Commission has announced plans for a European Digital Identity which will be available to all EU citizens, residents and businesses in the EU….
The European Commission announced that it estimates it will sell around €80 billion of long-term bonds in 2021, to be topped up by “tens of…
Sweden’s Volvo Group announced it plans to distribute to shareholders all of the roughly 19 billion Swedish kronor ($2.3 billion) it received from the sale of…
Deutsche Börse announced it completed the acquisition of the remaining 49% stake in Clearstream Fund Centre from UBS on June 1, becoming the sole shareholder…
The EPISO 5 opportunistic fund, advised by Tristan Capital Partners, has agreed to acquire the non-listed portfolio controlled by Summit Real Estate Holdings Ltd and…
Swiss bank Julius Baer will pay $79.7 million in a settlement with the US Department of Justice after being implicated in a corruption probe surrounding…
Icelandic State Financial Investments (ISFI) has announced that Iceland intends to launch an initial public offering (IPO) of Islandsbanki by next month and plans to…
French luxury goods group Kering announced it would sell a 5.9% stake in German sportswear company Puma via a placement to investors as it focuses on…
By Mark McSherry The European Commission has fined investment banks UBS, Nomura and UniCredit a total of €371 million for participating in a European governments bond…
The European Central Bank (ECB) said on Wednesday the surge of Bitcoin has eclipsed previous financial bubbles like the “tulip mania” and the South Sea Bubble…
Eurostar, the cross-Channel rail service dedicated to routes connecting the UK with mainland Europe, has announced a refinancing agreement with its shareholders and banks —…