Money Matters
S&P lowers AMG outlook
Credit rating agency Standard & Poor’s (S&P) sets the outlook for Advanced Metallurgical Group (AMG) at negative. That was rather stable. S&P thus indicates that the creditworthiness of…
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Storm comes to KLM
Cab trade unions FNV Cabine and VNC promise the necessary commotion at airline KLM in the call for more wages. The unions currently speak of “deceptive peace” and…
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LVMH re-approaches Tiffany with the new takeover bid
The French luxury group Louis Vuitton Moët Hennessy (LVMH) has increased its offer to the American jewelery chain Tiffany to around 16 billion dollars. This will give the…
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Accountant did not approve Wirecard figures
The financial statements of the Singaporean subsidiary of the German payment processor Wirecard for 2017 have not been approved by accountancy firm EY. The auditors cannot determine the…
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Plans to nationalize BT lowered the share price
The British telecom company BT was under pressure on the London stock exchange on Friday due to Labor’s plans to nationalize part of the company in the event…
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3i has found new investors for Action chain store
The British investor 3i has found new investors for a shareholding in discount chain Action. The picking of shares was in the hands of the Eurofund V fund,…
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Osram Licht agrees on the AMS terms
Osram Licht advises its shareholders to agree with the takeover bid of 41 euros per share from the Austrian sensor maker AMS. The German lighting company has already…
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