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  • Investors Wary as Telefonica Seen Heading for Rome Wednesday, 11 Apr 2007 | 10:17 AM ET

    Investors in Telefonica are wary of any move by the Spanish telecoms group to counter a 4.5 billion euro ($6 billion) joint bid for effective control of its long-courted neighbor, Telecom Italia.

  • European Stocks to Watch: Air France-KLM Thursday, 5 Apr 2007 | 6:58 AM ET

    Shares in Air France-KLM increased on Friday after Deutsche Bank upgraded the stock to “buy” from “hold”.

  • Eni, Enel Win YUKOS Auction after Gazprom Deal Wednesday, 4 Apr 2007 | 5:40 AM ET

    Italian energy groups Eni and Enel won a Russian state auction for the gas assets of bankrupt oil firm YUKOS on Wednesday, paying 151.536 billion roubles ($5.83 billion).

  • Aeroflot Joins Unicredit in its Bid for Alitalia Monday, 2 Apr 2007 | 9:57 AM ET

    Unicredit has recruited Russian airline Aeroflot as a partner in the bank's bid to take over struggling Italian airline Alitalia, a bank executive said Monday as the number of bidders narrowed to three.

  • Shares of Italy’s Pirelli soared to 9.67% Monday morning after it revealed late Sunday that it was in talks with U.S. telecom giant AT&T and its Mexican affiliate America Movil to sell two-thirds of its 80% stake in holding company Olimpia for 2.82 euros a share less debt.

  • CNMV Confirms 6-Month Ban on Enel/Acciona Endesa Bid Tuesday, 27 Mar 2007 | 6:03 AM ET

    Spanish market regulator CNMV said it had taken note of Enel and Acciona's joint takeover plan for Endesa and reiterated no bid could be made for six months.

  • Fastweb Board: Swisscom's Bid Is Fair Monday, 26 Mar 2007 | 1:44 PM ET

    Italy's second-largest telecom company Fastweb said Monday its board considers a 47 euros ($62.35) per share offer by Switzerland's largest telephone company Swisscom as fair and considers it a good development opportunity.

  • The top two shareholders in Spain's biggest utility Endesa trumped a 42.3 billion euro ($56.4 billion) bid by E.ON on Monday, offering one euro per share more than their German rival. Enel and Acciona, which together own 46% of Endesa, will offer 41 euros a share to buy out the Spanish utility after E.ON raised its offer for the third time to 40 euros a share in a last-ditch attempt to fend them off.

  • Here some of Friday's big movers on European stock markets

  • AXA to Buy Half of Monte dei Paschi Insurance Unit Friday, 23 Mar 2007 | 8:18 AM ET

    AXA, France's largest insurer, said Friday it agreed to buy half of Banca Monte dei Paschi di Siena's insurance and pensions unit for 1.15 billion euros ($1.54 billion) in cash.

  • Italy's Enel said Friday it is in "advanced" talks with partner Acciona about a possible offer for Spain's Endesa should an extant offer from E.on fail.

  • UniCredit Fourth-Quarter Profit Soars Thursday, 22 Mar 2007 | 9:21 AM ET

    UniCredit said Thursday that fourth-quarter net profit more than tripled, boosted by good volume growth in Italy and Central Eastern Europe and higher net interest income.

  • European Stocks to Watch Friday, 16 Mar 2007 | 11:37 AM ET

    Here some of Friday's big movers on European stock markets: Boehler-Uddeholm, Verbund, Thomson, Bekaert, Imperial Tobacco, Unilever, TUI, Dexia and Pirelli.

  • European Stocks to Watch Thursday, 15 Mar 2007 | 10:34 AM ET

    Here some of Thurday's big movers on European stock markets: Altadis, Imperial Tobacco, Pirelli, Cap Gemini, Swedish Match, Omega Pharma and AstraZeneca.

  • Power supplier Enel said Monday it has signed a share swap deal with merchant bank Mediobanca to buy a further 2.98% of sought-after Spanish electricity company Endesa.

  • Swisscom, the former state telecommunications monopoly, said Monday it offered to buy Fastweb, Italy's second-largest fixed-line phone company, for 3.7 billion euros ($4.9 billion) to expand into the Mediterranean nation.

  • Telecom Italia Reports 6.3% Decline in Net Profit Thursday, 8 Mar 2007 | 12:48 PM ET

    Telecom Italia  said Thursday that full-year net profit fell 6.3% on declining margins and tighter competition in the domestic wireline market.

  • European Stocks to Watch Thursday, 8 Mar 2007 | 10:48 AM ET

    Here some of Thursday’s big movers on European stock markets: Bwin Interactive Entertainment, Sidenor, William Demant, Sacyr Vallehermoso, Pernod Ricard, Carrefour and TUI.

  • Enel Shares up on Report of E.ON Move in Endesa Row Monday, 5 Mar 2007 | 7:00 AM ET

    Enel shares outperformed a falling European stock market on Monday on a report Germany's E.ON could buy shares in its Italian rival as a bargaining tool in their battle over Spanish power firm Endesa.

  • Prodi Re-Confirmed Italy Prime Minister Friday, 2 Mar 2007 | 11:51 AM ET

    Italian centre-left leader Romano Prodi was re-confirmed as prime minister on Friday when he won a second and final confidence vote in parliament, ending a political crisis and ensuring there will be no snap election.