Financial Services
UPDATE 2-Bouygues extends SFR deadline offer, sets break-up fee
PARIS, April 1 (Reuters) – French conglomerate Bouygues turned up the heat in its battle for control of Vivendi’s telecom unit SFR on Tuesday by extending its offer to April 25 from April 8 and…
HSH cuts bad ship loans through Ahrenkiel debt and merger deal
FRANKFURT, April 1 (Reuters) – Ailing German public-sector lender HSH has cut its exposure to bad shipping loans by striking a debt restructuring deal involving the merger of debtor Ahrenkiel and two…
U.S. Senate panel to grill Caterpillar executives at tax hearing
WASHINGTON, April 1 (Reuters) – Executives for Caterpillar Inc will defend the company’s offshore tax strategies at a U.S. Senate hearing on Tuesday held by a panel known for shedding light on…
