UniCredit head views no merger deal until 2021

Source: Dukascopy Bank SA
Jean Pierre Mustier, Italy's UniCredit Chief Executive Officer stated he did not view any merger deal with another bank, at least until the end of 2021.
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Thu, 13 Dec 2018 17:04:14 GMT

Iceland's WOW airline to cut 111 jobs, trim fleet

WOW air, Iceland's low-cost carrier, which entered talks with the US private equity firm Indigo Partners over a possible investment, announced on Thursday it was set to slash 111 jobs and cut its fleet to eleven aircraft.

Thu, 13 Dec 2018 16:24:00 GMT

GE's digital arm plans majority stake sale in ServiceMax

On Thursday, General Electric stated that its digital arm was set to sell the majority stake in the cloud-based software provider ServiceMax, to the technology-focused PE group Silver Lake.

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