Following a long drawn-out investigation, the Federal Office of Financial Control of Germany (BaFin) submitted to the Stuttgart prosecutor's office a case of possible insider trading of shares of the German fashion manufacturer Hugo Boss. On February 23, 2016, Hugo Boss securities collapsed in...

With mounting concerns of its international IPO, Aramco is important for the desert kingdom since it is one of its key vehicles through which it aims to diversify its oil based economy. According to sources familiar with the matter at hand, Saudi Arabia’s oil giant, Aramco is considering a...

For BASF, while this deal represents a fantastic opportunity, it is howering entering into a new territory, since it has avoided the seed business and has insteasd focused on research and licensing its tech to seed developers. With Bayer aiming to impress antitrust authorities in its efforts to...

At first, bitcoin was a technology for making payments without intermediaries. Now, when the first crypto currency holds more than $ 100 billion, banks are discussing how to take advantage of this. The largest investment bank Goldman Sachs adheres to the position that the crypto currency can be...

Altice’s CFO has termed the deal as one which will not only reduce the cost of its interest payable but also lengthen its debt maturity, thus giving it more leverage. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family:...

Switch Inc. attracted $ 531 million during the initial public offering. The deal has become the third largest IPO in the technology sector in 2017 in the US, writes Bloomberg. Switch, which provides cloud and telecommunications services, sold 31.25 million shares at a price of $ 17 per share, which...

While exploring the refinancing of its debt, Glencore is also looking for ways to get out of this expensive project. p { margin-bottom: 0.25cm; direction: ltr; color: rgb(0, 0, 10); line-height: 120%; text-align: left; }p.western { font-family: "Calibri",serif; font-size: 11pt; }p.cjk {...

In a that is being labeled as “regrettable” by Dublin, Ireland is being taken to the European Court of Justice for its failure to recover up to 13 billion euros ($15.3 billion) of tax due from Apple Inc by the European Commission.   Citing one of a number of deals the EU has targeted between...

Germany supported the idea of creating a European consortium for the production of lithium-ion batteries. Representatives of German industrial and automotive concerns, including BASF and BMW, are invited to a meeting with the European Commission Vice-President for Energy. It will be held on October...