LEG Immobilien talks to TAG Immobilien about a billion merger

Logo of the real estate group LEG The real estate groups LEG and TAG are talking about a merger. (Photo: dpa) Frankfurt Another billion-dollar merger is looming on the German real estate market. The LEG real estate group is negotiating a merger with TAG Immobilien, as LEG announced on Friday. If there is a merger, […]

Rescue comes to a halt – the federal government makes new demands

Lufthansa rescue is delayed The federal government is demanding that Lufthansa renew its fleet and accept all aircraft ordered from Airbus. (Photo: dpa) Berlin, Frankfurt The rescue of the financially troubled airline Lufthansa is delayed. In the final phase of the talks, the federal government raised new demands that would make remediation almost impossible, informed […]

Where there is also argument about state ownership of airlines

Smartwings aircraft in Prague The country wants to take over the parent company from Czech Airlines. The airline management is not very enthusiastic about this. (Photo: Reuters) Frankfurt The corona pandemic has brought air traffic to a standstill worldwide. Everywhere, airlines are in danger of going bankrupt. The governments want to step in and help. […]

Emirates and Etihad: Golf airlines must finally merge

Parked Emirates aircraft in Dubai The airlines do not see passengers returning fully before 2023. (Photo: Bloomberg) Good news has covered up the gloomy prospect for the airline that has so far grown so aggressively on the Gulf: For the first time, an Etihad Airways aircraft has landed in Israel – to deliver relief supplies […]

The first savings banks worked with interest rate platforms

Hamburger Sparkasse The institute cooperates with the Deposit Solutions interest platform. (Photo: imago images / Waldmüller) Frankfurt Hamburger Sparkasse (Haspa) has recently started cooperating with the Deposit Solutions interest platform. Some customers of the largest German savings bank can invest money with other banks via the “Haspa interest rate guides”. This is about time deposit […]

Government has agreed on Lufthansa bailout plan

Frankfurt, Berlin The federal government has agreed on a concept with which it wants to ensure Lufthansa survival. According to information from the Handelsblatt newspaper from government circles, the state will participate in Lufthansa in a three-stage model with a total of nine billion euros: First, Lufthansa’s liquidity is to be secured with a loan […]

Thyssen-Krupp believes the steel business could merge with Salzgitter

Martina Merz “We trust each other, that’s a good basis for discussions.” (Photo: Reuters) Munich The industrial group Thyssen-Krupp considers a fusion of its steel business with its competitor Salzgitter possible. “Of course, many are interested in a German solution. We have a lot of creative freedom, ”said Thyssen Krupp boss Martina Merz of the“ […]

Deutsche Börse wants to catch up with the competition through acquisitions

Joachim Faber The head of the supervisory board of Deutsche Börse, who has been in office since May 2012, is leaving his post. Successor is the long-time IBM manager Martin Jetter. (Photo: Reuters) Frankfurt Deutsche Börse wants to close the gap to international competition through further acquisitions. Outgoing supervisory board chairman Joachim Faber warned at […]

Thyssenkrupp is looking for partners for the steel and marine division

Dusseldorf The corona crisis is forcing the Essen-based industrial group Thyssen-Krupp to adjust its strategy. On Monday, CEO Martina Merz presented the supervisory board with a new concept for the further development of the conglomerate, Thyssen-Krupp announced the evening after the meeting. After the sale of the profitable elevator division, the group wants to concentrate […]

Thermo Fisher launches takeover bid for Qiagen

Qiagen building in Hilden The Management Board and the Supervisory Board support the takeover offer and recommend that you accept it. (Photo: dpa) Frankfurt The US laboratory supplier Thermo Fisher is starting its takeover offer for the German biotech company Qiagen, which is worth more than ten billion euros. The acceptance period for the offer […]