| | | Maersk Line to pay $4 billion for Hamburg Sud | | | COPENHAGEN (Reuters) - The world's biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday. |
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| | | Siemens takes new direction by buying trip-planning firm | | | FRANKFURT (Reuters) - Germany's Siemens has moved into journey planning with the purchase of privately-owned Hannover-based firm HaCon to complement its transportation business, which it has been talking about merging with Bombardier's . |
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| | | Zodiac aims to complete Safran deal, CEO offers to go | | | PARIS (Reuters) - Zodiac Aerospace's chief executive has offered to resign after another profit warning from the French company, which said on Friday it continued to discuss a merger with Safran to end a crisis in its aircraft seats plants. |
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| KKR-backed group halts work on Tatts takeover offer | | | SYDNEY (Reuters) - A group backed by KKR & Co said on Friday it would not undertake further work on a takeover offer for Australia's Tatts Group Ltd after its A$6.15 billion ($4.60 billion) cash bid was rejected by the lottery operator's board. |
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| | | Pirelli hits accelerator on IPO, launches plan to cut debt | | | MILAN (Reuters) - Italian tiremaker Pirelli said on Friday it had moved forward its plans to list on a stock exchange to the last quarter of 2017 and its controlling Chinese investor was willing to cut its stake to below 50 percent in the initial public offering (IPO). |
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