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1 month ago | 
news.bloomberglaw.com | Nicholas Comfort |Anna Edwards |Guy Johnson
A top French financial watchdog said she’s willing to transfer some powers to a European Union regulator to help develop the region’s notoriously fragmented capital markets. “We are fully ready to relinquish some of our national powers and transfer them to ESMA,” Marie-Anne Barbat-Layani, chair of the Autorite des Marches Financiers, said in an interview with Bloomberg TV on Tuesday.
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1 month ago | 
news.bloombergtax.com | Leonard Kehnscherper |Anna Edwards
Man Group Plc reported inflows for the fourth quarter, as clients of the world’s largest publicly traded hedge fund piled into the firm’s long-only offerings. Investors added a net $1.3 billion in the last quarter of the year, according to a statement on Thursday. The flows had been driven by inflows into systematic and discretionary long-only strategies. Shares rose as much as 5.7% in early London trading. WATCH: Man Group CFO Antoine Forterre talks to Bloomberg.
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1 month ago | 
news.bloomberglaw.com | Leonard Kehnscherper |Anna Edwards
Man Group Plc reported inflows for the fourth quarter, as clients of the world’s largest publicly traded hedge fund piled into the firm’s long-only offerings. Investors added a net $1.3 billion in the last quarter of the year, according to a statement on Thursday. The flows had been driven by inflows into systematic and discretionary long-only strategies. Shares rose as much as 5.7% in early London trading. WATCH: Man Group CFO Antoine Forterre talks to Bloomberg.
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1 month ago | 
news.bloomberglaw.com | Loni Prinsloo |Anna Edwards
Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), as the Dutch technology investor with stakes in several food delivery companies seeks to become an industry giant. The all-cash deal at €20.30 a share is a 49% premium to the three-month volume-weighted average price, the company said in a statement Monday. The stock closed at €12.43 on Friday.
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2 months ago | 
news.bloomberglaw.com | Sonia Sirletti |Antonio Vanuzzo |Anna Edwards
Banco BPM SpA Chief Executive Officer Giuseppe Castagna slammed a UniCredit SpA statement as both sides step up their rhetoric in a takeover battle. UniCredit on Monday morning threatened to drop its takeover bid for Banco BPM if the rival succeeds in getting shareholder approval for a change to its own takeover offer for asset manager Anima Holding SpA. That announcement is “very dangerous,” Castagna said on Bloomberg TV only minutes after the UniCredit statement had been released.
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2 months ago | 
finance.yahoo.com | Marion Dakers |Anna Edwards
(Bloomberg) -- NatWest Group Plc’s customers are continuing to borrow and repay even as the UK economy shows some signs of strain, helping the lender beat earnings estimates for 2024. The bank reported an annual pretax operating profit of £6.2 billion ($7.8 billion), a rise of 0.3% compared to the prior year and ahead the £6.1 billion in analyst estimates compiled by Bloomberg.
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Nov 29, 2024 | 
financialpost.com | Jillian Deutsch |Anna Edwards
With its focus now on the equipment that makes wireless connections possible, Nokia is looking to branch out, seeking new areas for growth including data centers and defense, and acquired Infinera Corp. as part of a push into artificial intelligence. Lundmark spoke to Bloomberg about the lessons learned outside Nokia, the potential impact of Donald Trump’s reelection and why there’s a growth opportunity in an increasingly unstable world. The transcript has been edited for brevity.
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Nov 20, 2024 | 
bnnbloomberg.ca | Steven Arons |Guy Johnson |Anna Edwards
(Bloomberg) -- DNB ASA Chief Executive Officer Kjerstin Braathen, fresh from pulling off a substantial acquisition, said she’s keen to do more. “We would be happy to look at more opportunities,” especially if they contribute fee income and happen in Norway, Braathen said Wednesday on Bloomberg TV. “We need stronger financial institutions,” she said.
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Nov 20, 2024 | 
news.bloomberglaw.com | Steven Arons |Guy Johnson |Anna Edwards
DNB ASA Chief Executive Officer Kjerstin Braathen, fresh from pulling off a substantial acquisition, said she’s keen to do more. “We would be happy to look at more opportunities,” especially if they contribute fee income and happen in Norway, Braathen said Wednesday on Bloomberg TV. “We need stronger financial institutions,” she said.
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Nov 8, 2024 | 
news.bloomberglaw.com | Paula Doenecke |Anna Edwards
Hanneke Faber took charge as chief executive officer of Logitech International SA as the Swiss maker of computer webcams and keyboards was struggling with a post-pandemic plunge in demand. After achieving growth in three subsequent quarters, the 55-year-old laid out a plan to double Logitech’s target markets by 2031 — the 50th anniversary for the pioneer of the computer mouse. Her plans are to flank gaming hardware, with business equipment for applications such as video conferencing.
