MILAN, July 27- Thai businessman Bee Taechaubol will be in Milan this week as talks to buy 48 percent of top-flight Italian soccer club AC Milan reach their end-of-the-month deadline for agreement, a source close to the matter said on Monday. Former prime minister Silvio Berlusconi, who has owned the Milan club since the 1980 s, approved an outline deal early in...
Berlusconi met Bee for the second time this week but a statement from Fininvest dismissed growing media speculation in recent months that he could sell a majority stake in Milan, one of Italy's most glamorous clubs. Italian media reports said Bee was offering 500 million euros for a 51 percent stake in Milan, aiming to join a series of other foreign tycoons who...
*Delhaize falls after weaker-than-expected results. *Greece to present draft reform bill to lenders. LONDON, April 29- A batch of weaker-than-expected corporate results deflated European shares on Wednesday, while a rebound in the euro currency also pegged back the region's stock markets.
*Greece to present draft reform bill to lenders. LONDON, April 29- A batch of weaker-than-expected corporate results weighed on European shares on Wednesday, although the Athens market outperformed on signs that Greece and its lenders remained keen to reach a deal on Greece's debt. Gainers included Telecom Italia, which rose 3.3 percent after Italian paper...
*Weak numbers hit BBVA, BAT, Delhaize. LONDON, April 29- European shares gave away early gains to trade slightly lower on Wednesday as investors digested a batch of mixed corporate results from bank BBVA and UK retailer Next, among others. Yet the early rise quickly fizzled out, with BBVA, British American Tobacco and Belgian supermarket group Delhaize among the...
*M&A speculation boosts Burberry, Mediaset. Burberry was flagged by Goldman Sachs among shares on its "conviction buy" lists for which its sees a bid probability of 30 percent or more. Italian media group Mediaset rose 2.2 percent after Mediobanca tipped it as a bid target for France's Vivendi.
*M&A speculation boosts Burberry, Mediaset. Burberry was flagged by Goldman Sachs among shares on its "conviction buy" lists for which its sees a bid probability of 30 percent or more. Italian media group Mediaset rose 2.8 percent after Mediobanca flagged it as a bid target for France's Vivendi.
European stocks ended the day in the green on Tuesday afternoon, after fluctuating throughout in the day.
For the first time in several years, Europe's IPO market looks hotter than America's. It could last for some time.
The latest girlfriend of Silvio Berlusconi has discussed the chaotic nature of life at home with the former Italian prime minister, who is 49 years her senior.
European shares closed slightly lower on Monday with fears of a government collapse in Italy dragging down the FTSE MIB, and with U.K. markets closed for a holiday.
Silvio Berlusconi's conviction for tax fraud has fueled speculation that his eldest daughter Marina could take his place as leader of the center-right in Italy.
A top executive for the media company at the center of Silvio Berlusconi's tax fraud conviction said the billionaire politician did not play any role in running the company he founded.
The final verdict in Silvio Berlusconi's tax fraud trial, expected on Tuesday, could see the billionaire politician and media mogul banned from holding public office for five years.
A Milan appeals court upheld a four-year sentence for tax fraud against former prime minister and center-right leader Silvio Berlusconi on Wednesday.
An alliance between Beppe Grillo's anti-establishment 5-Star Movement and Italy's center-left could pave the way for tough conflict of interest rules, forcing Silvio Berlusconi to choose between politics or his vast media empire.
European shares slipped on Friday as disappointing economic data in the UK and U.S. dampened sentiment.
President Francois Hollande travels to Algeria on Wednesday to try to heal wounds left by a bloody war half a century ago and to seek greater access to the former colony's oil wealth.
Global media reports that the former Italian prime minister Silvio Berlusconi announced his engagement have been dismissed by native Italians who say Berlusconi has been mis-translated.
European shares closed off their best levels Monday after a report showed that U.S. manufacturing unexpectedly contracted in November.