German food retailer Spar sells 50-pct stake in Netto discount to ITM
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Spar, Germany's eighth-biggest food supermarket chain, plans to sell a 50-percent stake in its discount arm Netto to its French parent company ITM Entreprises, Spar's new chairman Stephan Schelo said in a newspaper interview.
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Ispat International (ISPA.AS: Quote, Profile, Research) will buy LNM Holdings and International Steel Group Inc. (ISG.N: Quote, Profile, Research) , forming the world&#39;s largest
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THE German government has sold a 6.3 per cent stake in phone operator Deutsche Telekom, raising up to Â£3.1 billion to help cut its growing budget deficit.
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The Roechling family, the biggest shareholder in the German defence technology group Rheinmetall, said they had sold their stake in the maker of Puma and Leopard II tanks for an undisclosed sum.
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LONDON, November 22  - Dutch banking and insurance company, ING Group (INN.ETR), has agreed to sell its Baring Asset Management division in two separate deals, for collective net gains of about â¬250 million.
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Germany's Schwarz Pharma SRZG.DE   said on Monday it had agreed to be bought by Belgium's UCB   UCBBt.BR for around $5.6 billion in shares and cash in the   third major drug sector transaction in Germany in five days.
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German state banking group KfW is selling up to 4 billion euros (2.8 billion pounds) worth of shares in Deutsche Telekom, continuing the privatisation of the German phone operator.
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NEW YORK (CBS.MW) -- International Steel Group (ISG) said it will be acquired by Ispat International (IST) in a deal valued at $4.
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The company on Tuesday announced that it&#39;s acquiring privately held security equipment maker Net6 for $50 million in cash. The acquisition, which is expected to close in the fourth quarter of 2004, will thrust
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Germany is selling a 4.45 billion-euro ($5.5 billion) stake in Deutsche Telekom AG, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds European Union limits.
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Deutsche Telekom AG, Europe&#39;s largest telecommunications company, has moved to strengthen its ability to provide bundled voice, data and video services by making an offer to buy back the shares of its Internet subsidiary that it doesn&#39;t already own.
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Mexico's Grupo TMM agreed to sell its  51 percent voting stake in Grupo Transportacion Ferroviaria  Mexicana SA de CV, or Grupo TFM, to Kansas City Southern  Industries Inc. for $200 million in cash and 18 million shares  of stock, the companies said on Wednesday.
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A rise in NYSE Group's   shares in the past few days means its bid for exchange operator  Euronext  has closed a gap with a rival proposal from  Deutsche Boerse (DB1Gn.DE) for the first time in weeks.
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Bayer AG, the German drug and chemical company, has agreed to sell its plasma products business for $590 million in cash and stock to the private U.S. investment groups Cerberus Capital Management and Ampersand ...
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Buyout specialist Wasserstein &amp; Co. said Thursday it would sell ALM, a media company that publishes titles for legal and business professionals such as The American Lawyer, to Incisive Media for $630 million.
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Food purveyor Hormel Foods (NYSE: HRL) -- owner of the SPAM canned meat bonanza -- had good news this morning, or so you would think. Sales were up 15%, unit volume was up 6%, and earnings, excluding a positive impact from the ...
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Australian energy company Origin bought its 51 per cent stake in Contact Energy at a discount of nearly $200 million, says an independent valuation released yesterday.