PSA's Opel halts staff buyouts amid wave of departures

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Source: Dukascopy Bank SA
Germany's automaker Opel had to suspend voluntary redundancies after its staff representatives had warned that a wave of layoffs, caused by the PSA Group's acquisition, could leave the company short of skilled employees.
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Sat, 12 May 2018 09:14:03 GMT

Convergys discusses sale with potential buyers, shares rise

Convergys Corp, the call-centre operator, is in negotiations with multiple potential buyers, while its shares closed up 12.6% at $25.30 yesterday, bringing the company's market value to around $2.3B.

Sat, 12 May 2018 08:32:04 GMT

Vivendi assures Italy's regulator of not controlling TIM

Vivendi, France's media group, assured Italy's market regulator Consob it is not controlling Telecom Italia, following a loss of the majority seats in the phone group's board due to May 4 shareholders' vote.

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