Prada heir to head Versace after 1.25 billion-euro buy-out
LORENZO Bertelli, the son of designer Miuccia Prada, said on Wednesday he will become executive chairman of Versace following the Prada Group’s takeover of its smaller Italian rival. Prada…
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Google unveils 5.5 billion-euro investment in Germany
GOOGLE unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros (S$8.3 billion) for a new data centre and other projects, as Europe seeks to catch up in the…
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said on Tuesday (Jul 1) it had completed…
Sanofi plans 5 billion-euro buyback, sees higher profit growth
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots away from consumer health to focus on fast-growing…