Investor group aims to buy Adidas' Reebok unit

An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday.


Danone says board hadn't discussed Mead Johnson and not carrying out review

French foods group Danone SA said on Sunday it was not conducting a strategic review of assets and had not decided on any priority in terms of possible external growth possibilities.

Spain's FCC says board approves $1.3 billion rights issue

Spanish builder and services company FCC (FCC.MC) said on Sunday its board had approved a well-flagged capital increase of 1 billion euros ($1.3 billion) which it will use to pay down debt.

As IPO markets stumble, private equity buyers prepare to swoop

Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms.


Latest News

Almost four years ago a handful of people gathered in Airbus sales chief John Leahy's spacious country house outside Toulouse and argued long into the evening over curry and cigars.
National Basketball Association executives should be popping the champagne over their jaw-dropping television contracts totaling $24 billion because such big-money deals are likely to vanish, analysts say.
French food giant Danone (DANO.PA), maker of Activia yogurt and Evian water, has decided it wants to pursue a takeover of U.S. infant formula maker Mead Johnson Nutrition Group (MJN.N), sources familiar with the matter told Reuters.
Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power transmission business.
French tycoon Vincent Bollore on Friday mapped out an offer to acquire control over at least 50 percent of Havas (EURC.PA), the world's sixth-largest advertising company he started investing in over 10 years ago.
Mark Cuban, the billionaire investor and owner of the Dallas Mavericks basketball team, is buying Netflix Inc (NFLX.O) shares because he considers the video streaming company to be an acquisition target.
Activist investor Elliott Advisors UK Ltd nominated seven candidates for election to Family Dollar Stores Inc's (FDO.N) board as it looks to push for a sale of the dollar store operator to bigger rival Dollar General Corp (DG.N).
City and state officials are negotiating with JPMorgan Chase & Co (JPM.N) over a potential deal involving the bank building a vast $6.5 billion corporate campus with two high-rise towers in the new commercial district on the Far West Side of Manhattan, the New York Times reported.
The board of Chiquita Brands International Inc (CQB.N) on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc (FFY.I).
Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.
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