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Bertelsmann SE & Co. KGaA said Thursday it will reduce its stake in RTL Group S.A. (RTL.BT) through a public offering of shares, but maintain a majority of at least 75% in the television broadcaster.The first day of trading for the offered shares is expected before the summer break, the German media group said in a statement. Bertelsmann holds a 92.3% stake in RTL, according to the broadcaster's website, so that the offering would likely result in a significant increase of the free float.In addition to the existing listing on the Luxembourg Stock Exchange and Euronext Brussels, RTL intends to apply for a listing at the Frankfurt Stock Exchange, Bertelsmann said.Write to Friedrich Geiger at friedrich.geiger@dowjones.comCopyright © 2013 Dow Jones Newswires...
German retailer Metro AG (MEO.XE) is struggling to stay in the DAX--the stock index of the country's 30 largest companies trading on the Frankfurt Stock Exchange--as...
Germany's Evonik Industries AG said Friday its owners as well as the executive and supervisory boards confirm the initial public offering plan for the chemicals comp...
Porsche's strategic shift anticipates paying back debt-Porsche to adjust corporate statutes to keep its options open-Sale of remaining stake in sportscar unit worth ...
Trading at the Frankfurt stock exchange has resumed after it was interrupted Tuesday morning due to technical problems.A Deutsche Boerse spokeswoman said the problem...
- BMW notched up record sales in January and February-Sticks to 8%-10% target range for 2012 profit margin despite 11.8% margin in 2011-Fourth-quarter net profit fal...
- BMW notched up record sales in January and February-Sticks to 8%-10% forecast for operating profit margin in 2012 despite 11.8% in 2011-Fourth-quarter net profit f...
Up to 26 European Union countries will finalize a pact to enforce budget discipline more strictly in the euro zone by March, a top official said on Tuesday, as the b...
By Harro ten Wolde and Georgina ProdhanFRANKFURT/LONDON (Reuters) - Germany's SAP AG <SAPG.DE> expects to reach the high end of its 2011 forecasts after a strong sec...
FRANKFURT (Reuters) - Deutsche Boerse <DB1Gn.DE> has no plans to raise its offer for NYSE Euronext <NYX.N>, two people familiar with the company's thinking said on M...
FBN's Charlie Gasparino on the possibility of a CME takeover of the NYSE.
Is an economic stimulus by the EU needed?
Deutsche Boerse (DB1.XE) said Tuesday it has placed a 600 million euro ($776 million) corporate bond with a term of five years.MAIN FACTS:- The annual coupon is 1.12...
German real estate company LEG Immobilien AG (LEG.XE) made its debut on the Frankfurt stock exchange Friday after raising 1.34 billion euros ($1.83 billion) in the f...
Shares in Germany's two largest utilities plummeted on the Frankfurt stock exchange in early trade Tuesday, after incumbent E.ON AG (EOAN.XE) put under review its me...
Nokia Corp., the Finnish mobile-handset producer, said on Tuesday that it would offer unsecured convertible bonds due 2017 to raise €750 million. The bonds, expected...
Spain's Telefonica SA (TEF) Wednesday confirmed plans to launch an initial public offering of German unit Telefonica Deutschland Holding AG during the fourth quarter...
Auto parts maker Continental AG (CON.XE), celebrating its return to the German bluechip index, the DAX30, said Thursday it wants to grow faster than the overall mark...
Industrial conglomerate Siemens AG (SI) said Monday it purchased around 2.44 million shares between Aug. 11 and Aug. 17 as part of a buyback program.Siemens has boug...
