Investing.com-- Italy’s Mediobanca (BIT:MDBI) said on Monday it will submit a 6.3 billion euros ($7.16 billion) all-share offer to acquire Banca Generali (BIT:BGN), a deal that could potentially create a European wealth management giant.Banca Generali is a private bank controlled by the country’s top insurer, Assicurazioni Generali (BIT:GASI).Shares in Banca Generali surged around 8% in ea ...
SINGAPORE (Reuters) - Goldman Sachs has appointed Sushil Bathija as Asia ex-Japan head of mergers and acquisitions (M&A), and Vikram Chavali as Asia ex-Japan head of sponsors M&A, according to an internal memo on Monday seen by Reuters.Bathija and Chavali will continue to work closely with regional and global leadership in driving the success of Goldman Sachs’ M&A franchise, accordin ...
By Kantaro KomiyaTOKYO (Reuters) -Top Japanese construction machinery maker Komatsu (OTC:KMTUY) on Monday forecast a 27% decline in operating profit this financial year due to a stronger yen and new U.S. tariffs which will have an impact of more than $650 million.The company expects operating profit of 478 billion yen ($3.33 billion) for the business year to March 2026, after posting a record-high ...
By Dhara Ranasinghe and Wayne ColeLONDON (Reuters) - Global equity markets held at their best levels in over three weeks on Monday, reflecting some hopes that the worst of tariff pain is over, but confusion over U.S. trade policy lingered and trapped the dollar. European shares opened higher, U.S. stock futures were mixed and Asia made fractional gains at the start of an earnings-heavy week that a ...