Ownership changes

Ownership changes

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  Ratings firm warns of economic slowdown in Russia

  Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed ... 

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  Greece to break up state power company for money

  Greece's conservative-led government on Wednesday announced plans to break up the state-run Public Power Corporation by 2016, as part of a ... 

• SAS sells regional airline Wideroe to raise cash

  Scandinavian airline SAS AB says it is selling 80 percent of its stake in regional airline Wideroe to an investor group for approximately 2 billion ... 

• RBS says gov't stake could be sold within year

  Royal Bank of Scotland predicted Friday that the government should be able to start selling its stake within a year, as it reported a first-quarter ... 

• Greece completes first major privatization

  Finance Minister Yannis Stournaras says Greece has successfully completed its first major privatization, selling off a controlling 33 percent stake ... 

• Greece pulls firing provision from austerity bill

  Greece's government has withdrawn a key labor reform from a new austerity bill, following strong objections by experts and a widely reported rift ... 

• AP Source: Fiat mulls IPO after buying Chrysler

  Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person ... 

• Survey: Firms still reluctant to make acquisitions

  Companies around the world are still reluctant to go on the acquisition trail even though they are becoming more confident about the global economy, ... 

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  Major Beach Boys memorabilia being auctioned off

  The material sat in a Florida storage facility for many years, apparently forgotten, until the storage company finally sold it off in bulk because ... 

• EU OKs $2.7bn Siemens takeover of UK rail firm

  The European Union's antitrust body has cleared a 1.74 billion pound ($2.7 billion) takeover of a British rail technology company by German industrial ... 

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  Chinese automakers struggle against global rivals

  These should be good times for Chinese automakers as they prepare to show off their latest models at the Shanghai auto show. Their home market is the ... 

• EADS buys part of French government stake

  The parent company of European aircraft maker Airbus has bought back almost half a billion euros worth of its own stock from the French government. 

• ING to sell stake in US arm for up to $1.5 billion

  ING Groep NV says it will sell a 25 percent stake in its U.S. arm for around $1.4-$1.5 billion in an initial public offering, as part of measures ... 

• Daimler selling rest of EADS stake

  Automaker Daimler AG says it is selling its remaining 7.5 percent stake in EADS, the parent company of aircraft manufacturer Airbus. Daimler helped ... 

• Dutch coffee company DEMB agrees to $9.8B buyout

  The management of Dutch coffee maker D.E. Master Blenders 1753 NV says it has agreed to a 7.5 billion euro ($9.8 billion) buyout offer from a group ... 

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  Fiat-Chrysler merger path to clarify

  The CEO of Fiat, the Italian carmaker that controls Chrysler, said Tuesday he expects to have "clarity" by the end of the year on how it will achieve ... 

• Lagardere sells entire stake in EADS

  French media company Lagardere says it has sold its entire 7.4 percent stake in European aerospace and defense giant EADS. EADS, the parent to plane ... 

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  Greece: Stalled bank merger tests investors

  Greek banks NBG and Eurobank on Monday said their planned merger has been postponed, causing huge volatility in their share price amid fears they may ... 

• EU clears Random House, Penguin merger deal

  The European Union's antitrust watchdog on Friday gave its green light to the proposed merger of Penguin and Random House that will create the world's ... 

• Lagardere to sell off stake in EADS by July

  Lagardere has confirmed its intention to sell its stake in European aerospace and defense giant EADS by the end of July. The French multinational ... 

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  Greece's creditors start new austerity inspection

  Greece's conservative prime minister said the country is showing its first signs of recovery, as international debt inspectors returned to Athens ... 

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  Greece ends tax spat ahead of new inspection

  Parties in Greece's coalition government announced a compromise Wednesday over an emergency tax seen as a symbol of harsh austerity measures — a move ... 

• Poland presents plan for privatizing airline

  The Polish government has devised a plan to sell off LOT airlines, the deeply indebted state-run flag-carrier. Revealing the draft law for the ... 

• RWE sells Czech gas pipeline operator

  German energy company RWE AG says it has signed a deal to sell Czech pipeline operator Net4GaS to a consortium that includes German insurer Allianz ... 

• Leeds owner sells 10 percent stake to Bahrain bank

  The Bahraini owner of Leeds has sold 10 percent of the English football club to a bank from the Gulf island. GFH Capital has diluted its stake three ...