Merlin Entertainments, primarily known as the operator of the Legoland Resorts and wax museum Madame Tussauds, is about to change hands. Blackstone and a Canadian pension fund are working…
Monthly Archives
June 2019
Paint group AkzoNobel has sold its former paint factory and research facility in the United Kingdom. Production at the Wexham Road site in Slough has stopped since 2016. Akzo…
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Credit rating agency Moody’s stops following the Amsterdam-based stainless steel company Aperam for “business reasons”. Moody’s had a rating of Baa3 with a stable outlook on Aperam. Moody’s move…
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The top of steel producer Tata Steel Europe is being redesigned. Tata Steel Europe CEO Hans Fischer will retire at the end of this week. NK Misra, financial director,…
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The Swiss reinsurer Swiss Re is bringing its British division ReAssure Group for a price of 280 to 330 pence per share on the stock exchange in London. With…
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BAM construction company has received a second contract from the British municipality of Leeds for a flood protection project. The British branch BAM Nuttall, in cooperation with with Mott…
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The German Commerzbank is not yet ready for discussions with the Italian counterpart UniCredit about a merger of the two large banks. The insiders reported this to Reuters news…
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Troubles come to managers of traditional investment funds: their costs increase with rapidly declining profits and push their performance in the red. These traditional fund managers compete with the…
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Worldwide steel production increased by 5.4 percent on an annual basis in May to 162.7 million tons. The World Steel Association announced this. China accounted for more than 89…
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The Allianz Popular partnership between the German insurer Allianz and the Spanish bank Banco Santander is coming to an end. Allianz announced that it would transfer its 60 percent…