Deals
Thin crowds during CEO's visit helped seal Target Canada's demise
Target Corp was scrambling for ways to fix its failing Canadian expansion and considering closing just the weakest locations, but a pre-holiday visit to several stores by CEO Brian Cornell helped seal the decision for a full retreat.
More unit IPOs an option for evolving GlaxoSmithKline
GlaxoSmithKline could consider more partial public share offerings for component units as it evolves in the coming years, potentially pointing to a break-up of the group if this offers value to shareholders.
Deutsche Telekom looked at bidding for KPN in 2014
Deutsche Telekom considered making a takeover bid for Dutch rival KPN in 2014, with a view to expanding in neighboring countries, sources familiar with the matter said.
China boosts Italy ties as central bank buys into Terna
The People's Bank of China (PBOC) has stepped up its investments in Italy by buying 2 percent of power grid operator Terna, the latest in a series of such purchases in large Italian companies.