Euros

LVMH Extends Control of Christian Dior
Strategy

LVMH Extends Control of Christian Dior

Bernard Arnault, LVMH's billionaire boss, will acquire the Dior shares he doesn't already own in a vote of confidence in the luxury sector's prospects.
By Matthew Heller | April 25, 2017
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PPG Makes ‘Last Invitation’ to Dutch Rival Akzo
Strategy

PPG Makes ‘Last Invitation’ to Dutch Rival Akzo

The sweetened $26.4 billion takeover offer could increase the pressure on Akzo Nobel to open talks with PPG after rejecting two earlier proposals.
By Matthew Heller | April 24, 2017
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Dutch Paint Maker Rebuffs PPG’s $22B Offer
Strategy

Dutch Paint Maker Rebuffs PPG’s $22B Offer

Akzo Nobel says the unsolicited proposal "substantially undervalues our company and contains serious risks and uncertainties."
By Matthew Heller | March 10, 2017
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GM Sells European Car Operations for $1.3B
Strategy

GM Sells European Car Operations for $1.3B

"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra says.
By Matthew Heller | March 6, 2017
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VW Posts $6B Loss on Emissions Scandal Costs
Risk & Compliance

VW Posts $6B Loss on Emissions Scandal Costs

The loss reflects VW's writedown of $18.2 billion for costs related to the scandal and analysts predict the final number could reach $32 billion.
By Katie Kuehner-Hebert | April 22, 2016
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Much Ado About the Euro
Banking & Capital Markets

Much Ado About the Euro

Today it's Europe's problem -- Tomorrow, it's the world's.
By John Xenakis | April 1, 1998
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