Move is first step in potentially years-long battle between European Commission and Madrid
Group agrees takeover of salmon farms from Norway’s Grieg Seafood as corporate Japan closes in on 5,000 deals this year
Canadian owner of Circle K chain blames lack of ‘constructive engagement’ by Japan’s Seven & i
Thanks for all the money, Punks
Plus, Citigroup poaches top JPMorgan bankers and Mamdani faces Wall Street critics
Investment in Spain’s third-largest football club would extend US alternative asset manager’s buying spree in Europe
Plus, a hedge fund’s rare-earths bet comes good and Elliott builds stake in Global Payments
Payment processing group’s shares lag behind rivals after investor sentiment sours following $24.2bn acquisition
The line between acquiring people and acquiring businesses has become ever fuzzier
Activity has collapsed with approvals becoming more politically charged
Head of group’s iron ore business will take top job in August
Plus, France’s telecom billionaires prepare for a carve-up
Milanese bank also accuses takeover target of disinformation campaign over its offer
The food group is set to split after years of faltering sales and a falling share price
Financial restructuring is, at best, a secondary source of value
Orange, Bouygues and Iliad in talks over deal that would leave France’s telecoms market with only 3 operators
Ruling on government demand is blow to chief executive Andrea Orcel, but Rome defeated on other conditions of the deal
Spinning off traditional grocery unit featuring boxed dinners and processed cheese is one idea being studied
US investment group seeks to take advantage of plunging commercial property values
Plus, newsroom hedge fund goes long and Revolut’s heady valuation
Enasarco ploughed almost 70% of its European equities allocation into the Milanese bank
Deal highlights the growing dominance of high-frequency trading groups on Wall Street
Previous attempt at a stake sale attracted interest from IAG, Air France-KLM and Lufthansa
Given the general soggy state of cereal consumption, jazzing up its breakfast offering with chocolate is worth a try
Fee disputes in contested M&A transactions are not unprecedented as unhappy acquirers often contest bills
