France

European financial lenders are not so much trimming the fat, rather selling off some of their prized assets. As things stand, the failure of Eurozone policymakers to fully address the... 2011-12-07

French tyre manufacturer Michelin is selling its 9.98% stake in its South Korean counterpart Hankook Tire, a move which will help it raise close to US$610mn. CFW believes the move comes... 2011-11-08

European telecoms operators Deutsche Telekom (DT) and France Telecom (FT) have announced the start of operations in their procurement joint venture (JV) BUYIN. The companies announced... 2011-10-18

The first-round bids for French insurance giant AXA 's private equity unit are now all in. Five bidders successfully submitted their offers for the business by the October 3 deadline,... 2011-10-05

Germany's third-largest sugar confectionery manufacturer Katjes International has taken full control of French group Lamy Lutti, after selling a EUR30mn bond to finance the purchase... 2011-09-14

There is currently one overriding trend in the banking industry; the largest banks in Europe and the US are trying to shed excess weight and sell off their non-core assets.

Alcatel-Lucent, the Franco-American equipment vendor, has been aiming to sell its enterprise unit for several months as part of its restructuring plan. The vendor is reportedly in talks... 2011-09-05

Hard discount operator Dia has posted its first set of results as an independent entity. Dia was spun off by retail giant Carrefour on July 5 2011 and the firm was listed in Spain with... 2011-09-01

Scandinavian retailer ICA, which is 60%-owned by Netherlands-based Ahold, plans to sell its Norwegian hypermarket business in an effort to stem falling profits in the market. The firm... 2011-08-18

Reports in the Brazilian press have suggested that Walmart has been in talks to acquire Carrefour's operations in the country. These reports come after Carrefour failed to secure a... 2011-08-10