Pinault-Printemps-Redoute in Sale Talks
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Pinault-Printemps-Redoute SA has entered exclusive talks to sell its controlling stake in electrical parts distributor Rexel to a trio of private investment firms for euro1.92 billion (US$2.55 billion), the French retail and luxury group said Tuesday.
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Last year a popular show at the Metropolitan Museum renewed interest in the French couturier Paul Poiret, interest that is likely to continue on Feb. 14 with a sale of his original clothing designs in Paris.
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Romania's Trade Ministry will start ve talks with German utility E.On and the Czech's CEZ to sell two regional power suppliers.
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A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.
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Air France-KLM on Monday detailed its offer to buy all of Alitalia , confirming details given on Sunday by its chairman to Italian newspapers.
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LONDON Pinault Printemps Redoute, the owner of the Gucci and Yves Saint Laurent brands, said Tuesday that it planned to sell its stake in the electrical parts distributor Rexel in a deal that values the company at â¬3.7 billion.
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The stakes are getting higher for one of the advertising industry&#39;s biggest holding companies. With talk of a sale or breakup of France&#39;s Havas, reports emerged yesterday
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PeopleSoft Inc. said it&#39;s willing to discuss a bid by Oracle Corp. at the ``right&#39;&#39; price, the first time officials have raised the possibility of ending the companies&#39; 16-month takeover fight.
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Magna International Inc., the Canadian makers of automobile parts controlled by Frank Stronach, offered to buy the shares that it doesn&#39;t own in three units for as much as C$1.
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Standard &amp; Poor&#39;s on Tuesday affirmed its ratings on French retailer Pinault Printemps Redoute SA (PRTP.PA: Quote, Profile, Research) after the group entered exclusive talks to sell its Rexel(CDME.
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Neuf Cegetel provided traders with a focus for attention on Tuesday after shares in France's second-largest fixed-line phone company were suspended amid market talk that major shareholders were in talks to prepare the groundwork for a possible merger.
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Rosoboronexport acquistera la Altis Semiconductor
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Part of Hewlett-Packard's Chinese operations is up for sale as the company's Chinese partner looks to sell its stake.
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Pinault-Printemps-Redoute, the owner of fashion brands like Gucci, said that it planned to sell its stake in the equipment parts distributor Rexel.
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France will sell 9.6 percent of shares in France Telecom, the French finance ministry announced Wednesday. The state-owned telecommunications company will raise at least $5.
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TORONTO (CP) - Russia&#39;s Severstal has made an offer to buy Stelco Inc., in what&#39;s believed to be one of several competing offers emerging for the restructuring but profitable Hamilton steel producer.
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Company in talks with Indian automaker over sale of its two subsidiary luxury brands.