German rail strike ends, as France's continues

Article Abstract:

Germany's train drivers have ended a three-day strike aimed at securing pay increases that are separate from other railroad employees. The government is attempting to bring Deutsche Bahn AG officials and its workers back to negotiations. Meanwhile, France's railroad union members continue to strike over proposed changes to their pensions, which would raise the minimum years of service for retirement to 40 from 37.5 years.

Management dynamics, Railroads, Rail Transportation, Personnel administration, Labor Regulation & Services, Management, Germany, Compensation and benefits, Labor relations, Deutsche Bahn AG, Labor policy, Company business management, Railroad employees, Labour policy

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Owens Corning must sell assets to complete Saint-Gobain deal

Article Abstract:

Owens Corning must sell a portion of its North American operations in order to obtain approval of its $640 mil offer for a portion of Cie. de Saint-Gobain S.A., a French building materials firm. The ruling by the US Federal Trade Commission was one that was expected by Owens Corning, which plans to purchase composite-fabric and glass-fiber reinforcement businesses from Saint-Gobain.

STONE, CLAY, AND GLASS PRODUCTS, Antitrust Law, Plastics Materials and Synthetics, United States, Company acquisition/merger, Building materials industry, Owens Corning, Antitrust issue, Synthetic fibers industry, Synthetic fibres industry

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Lagardere bids to buy full control of Europe 1

Article Abstract:

Lagardere announced that it has made an offer of 2.63 billion euro ($2.84 billion) to acquire full control of Europe 1 Communication. Europe 1 is a radio and audiovisual firm based in France. Lagardere stated that it offered to buy a 55% share of Europe 1 that it does not already own at 290 euros a share. According to Lagardere, it already controls 45.11% of Europe 1's capital.

Comment:

Lagardere makes offer of 2.63 billion euro ($2.84 billion) to acquire full control of Europe 1 Communication

Asset sales & divestitures, Radio Broadcasting, Radio broadcasting industry, Abstract, Lagardere Groupe S.A., Europe 1 Communication

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