Jun 24, 2016 1:19 PM ET
World markets dived and the U.K. pound plunged 10% after voters in the U.K. favoured to leave the European Union. London Stock Exchange and Deutsche Börse are committed to merger agreement of $20 billion. Henkel agreed to acquire the U.S.-based Sun Products 3.2 billion.
Jun 22, 2016 11:56 AM ET
European markets soared more than 1% and extended weekly gains and banks led the gainers. Spain-based Merlin agreed to merge with Metrovacesa and for the largest real estate group in the country. Debenhams estimated gross margin in the year to be flat.
Jun 21, 2016 11:56 AM ET
Altice completed the purchase of Cablevision Systems. Kion agreed to acquire the U.S.-based privately held Dematic for $3.25 billion. Petrofac said profit in the first-half is in-line with the previous estimate. Chemring net loss widened. Tele2 plans to buy domestic subsidiary of rival TDC Sweden.
Jun 20, 2016 11:54 AM ET
European markets soared more than 3% after Brexit worries eased. Gamesa and Siemens agreed to merge their wind power businesses. Majestic Wine profit tumbled 83% and lifted sales outlook. Palfinger plans to acquire Norway-based TTS Group.
Jun 17, 2016 12:29 PM ET
European markets rebounded after Brexit worries eased. HSBC Holdings agreed to settle 14-year old shareholder lawsuit for $1.58 bilion. JD Sports forecasted optimistic outlook. Tesco agreed to sell Dobbies Garden Centers for £217 million. UBM completed the sale of its PR Newswire unit.
Jun 16, 2016 12:21 PM ET
European markets turned lower on the growing anxieties as the EU membership referendum date approached near in the U.K. Banks led the decliners after Swiss central banks suggested UBS and Credit Suisse may need to raise more capital. Mulberry net swung to profit. Poundland profit tumbled 94%.
Jun 15, 2016 1:26 PM ET
Resource stocks lead market rebound. Air France said domestic pilot strike has cost more than 40 million. Areva plans to split in three companies and raise as much as 8 billion. EDF and DIF agreed to acquire Thyssengas for 700 million. Zodiac third-quarter revenues jumped 4% to 1.4 billion.
Jun 14, 2016 1:24 PM ET
Daetwyler agreed to acquire U.K.-based smaller rival Premier Farnell for 1.09 billion Swiss francs. GAM tumbled after the investment manager forecasted operating profit in the first-half to drop 50%. Ashtead profit surged 51% to £102 million.
Jun 13, 2016 9:28 AM ET
Lafargeholcim decided 9 countries for asset divestments of about 3.5 billion Swiss franc including Saudi Arabia, South Korea and India. Siemens said it has no interest in robot maker Kuka targeted to 4.5 billion by China-based home appliance maker Midea.
Jun 10, 2016 1:27 PM ET
European market indexes extended weekly losses as the euro continued to rebound. Airbus intends to raise 2.38 billion through sale of remaining stake of 23.6% in the France-based Dassault Aviation. BP divested its stake Norwegian oil field for $1.3 billion. Deutsche Lufthansa CFO resigned.