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Bertelsmann and Sony's merger invalidated by European court
Media Release
Jul. 13, 2006

Bertelsmann and Sony's merger was invalidated by European court.Impala, the group representing an alliance of independent European record labels that sought the merger invalidation has been asked to bear 25% of costs.

 

 


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Bertelsmann and Sony's merger invalidated by European court
Media Release
Impala, the group representing an alliance of independent European record labels that sought the merger invalidation has been asked to bear 25% of costs....
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EMI shares tumbled 9% in London after reversal of European Commission's approval of Sony-BMG's recorded music venture
Media Release
EMI shares tumbled 9% in London after European Commission's approval of Sony-BMG's recorded music venture was reversed.
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Six airports of Germany's Fraport achieved 7.6% growth in passenger traffic to 33.9 million in June
Media Release
Six airports of Germany's Fraport achieved 7.6% growth in passenger traffic to 33.9 million in June.
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German generic drugmaker Stada Arzneimittel sells its U.S. subsidiary Stada Inc. to Dava Pharmaceuticals for around $40 million
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German generic drugmaker Stada Arzneimittel sells its U.S. subsidiary Stada Inc. to Dava Pharmaceuticals for around $40 million.
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The benchmark Israeli stock-market index, the TA-25, dropped 4.4% in Tel Aviv on Middle East tensions
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European shares opened to the downside and are eccelerating downwards fast
Media Release
The U.K. FTSE 100 index lost 0.7% at 5,818, the German DAX Xetra 30 index declined 1.3% at 5,563 and the French CAC-40 index declined 1.1% at 4,885.
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Italian gas utility Edison SpA was upgraded to equal-weight from underweight by Morgan Stanley
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Italian gas utility Edison SpA was upgraded to equal-weight from underweight by Morgan Stanley
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U.K. telecommunications operator BT Group downgraded to sell from neutral by Goldman Sachs
Media Release
U.K. telecommunications operator BT Group has been downgraded to sell from neutral by Goldman Sachs on concerns over the impact of local loop unbundling.
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French supermarket operator Carrefour upgraded to buy from neutral by Merrill Lynch after the company's results released
Media Release
French supermarket operator Carrefour upgraded to buy from neutral by Merrill Lynch after the company's results released.
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