– Allianz According to insiders, however, the purchase is unlikely. – (Photo: Reuters) – – – – Munich A few days after the takeover of the Polish business from the British competitor Aviva, there is speculation at Allianz about a mega takeover. According to rumors, Europe’s largest insurer is currently exploring an offer for the … Read more
– – BBVA in Madrid The bank sold its US business a year ago. – (Photo: dpa) – – – – – — Madrid The Spanish bank BBVA achieved a profit boost in the summer quarter thanks to strong business in the important Mexican market. The financial group also had to make less provision for … Read more
– Virgin Orbit A modified Boeing 747 carries Virgin Orbit’s “LauncherOne” rocket. – (Photo: Reuters) – – – – Bangalore The British billionaire Richard Branson brings another company from his corporate universe to the stock exchange. The space company Virgin Orbit is to be placed via an investment vehicle and come to a market value … Read more
– Plaza Hotel in Manhattan The hotel, which opened in 1907, is still one of the most exclusive addresses in New York. – (Photo: Reuters) – – – – New York A New York hotel legend will apparently go under the hammer next month: the Plaza Hotel. This could end two years of uncertainty about … Read more
– Kyriakos Mitsotakis The Greek Prime Minister wants to reform his country’s economy. – (Photo: Reuters) – – – – Athens An old flatbed truck, a small hall in the Athens industrial park Votanikos, five employees: Philippos Psaropoulos’ company, a specialist in aluminum construction, is a typical Greek small company. Psaropoulos and his people are … Read more
– Chicago Tribune For more than a year, journalists from the Tribune media group had opposed a takeover by Alden, which has a reputation for forcing even higher profit margins even in an industry tormented by cost cuts and layoffs. – (Photo: AP) – – – – New York The US newspaper chain Tribune Publishing … Read more
– The joint venture plans to invest up to five billion euros over the next six years. The Spanish concern Telefonica wants to put 500 million euros in equity in the project – from the Allianz one billion euros is to come through various instruments. Infrastructure investments are interesting for insurers because they promise sustainable … Read more