Thyssenkrupp shortlists three private equity consortia in elevator sale: sources

FRANKFURT (Reuters) – Thyssenkrupp (TKAG.DE) has shortlisted three private equity consortia in the auction of its prized 15 billion euro ($16.62 billion) elevator business, people close to the matter said, adding that peer Kone (KNEBV.HE) could still submit a bid later this month. A consortium of buyout groups Advent and Cinven, which are working with Germany’s RAG Stiftung remain in […]

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Czech investor Kretinsky lifts stake in French retailer Casino

PARIS (Reuters) – Czech businessman Daniel Kretinsky and his junior partner Patrik Tkac said on Monday they had raised their stake in Casino (CASP.PA) to 5.64% from 4.63%, in a further show of support to the troubled French retailer. The move comes as Casino CEO and controlling shareholder Jean-Charles Naouri is hunting for ways to ease the company’s debts – […]

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Mary O'Rourke: 'Buckle up for a whirlwind campaign'

So, it’s game on for General Election 2020. We now have the framework, with the election date set for February 8. But into that framework fit a few very important matters. One is the incumbency question; two is the vote transfer-friendly aura which Fianna Fail has; and three is the imponderable of how many Greens will be elected, and who […]

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Miriam O'Callaghan: 'Election Speak is already deafening as parties try and outshout each other'

Election fever has broken out, and with it, a disfiguring rash of posters of the plumped and buffed, touched and smoothed, airbrushed to abstraction. For strangely-luminous candidates, it’s a rerun of the Euro elections where a mix-up at the printers saw Frances Fitzgerald’s teenage sister beaming beatifically from our lampposts. They say she even had to be ID’d when she […]

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Stanley Black & Decker in talks to acquire CAM-sources

(Reuters) – U.S. toolmaker Stanley Black & Decker Inc (SWK.N) is in talks to acquire Consolidated Aerospace Manufacturing LLC (CAM), in a bid to expand its offerings to the aerospace sector, people familiar with the matter said on Friday. The attempted deal illustrates how Stanley Black & Decker is seeking to diversify its business beyond tools and storage, which account […]

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