| | Opel labour chiefs prepared to talk to PSA | | RUESSELSHEIM (Reuters) - Workers' representatives of General Motors' European arm Opel are prepared to hold "constructive" talks with prospective new owner PSA Group as long as commitments to jobs and plant investments are upheld, they said on Friday. |
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| | Snap lowers valuation expectations in highly awaited IPO | | (Reuters) - Snap Inc , owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its unproven business model, slowing growth and tight founder control. |
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Sunrise Brands bids for bankrupt The Limited: sources | | (Reuters) - Clothing firm Sunrise Brands LLC has bid for the e-commerce business and intellectual property of bankrupt U.S. retailer The Limited, challenging a $26.3 million offer from private equity firm Sycamore Partners, people familiar with the matter said. |
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| | How Sanofi lost out to J&J in $30 billion battle for Actelion | | ZURICH (Reuters) - Swiss biotech company Actelion , days before agreeing to a $30 billion bid by Johnson & Johnson , found a rival offer to be as attractive but went with J&J because its offer provided more certainty, a filing showed on Thursday. |
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