Europe
German company makes offer for aluminum companies
TRIMET issues a binding offer to purchase two companies owned by Rio Tinto Alcan. German aluminum producer TRIMET is interested to purchase St. Jean-de-Maurienne aluminum smelter and Castelsarrasin casting facility in France, which are both owned by Rio Tinto Alcan.
German Finance Minister approached UBS about acquiring 17% stake in Commerzbank - magazine
Wolfgang Schaeuble initiated exploratory talks with the chairman of UBS about its stake in Commerzbank.
Spain power reforms to cost energy corporations Eur2.7 billion
The power reforms implemented by Prime Minister Mariano Rajoy would cost utilities approximately Eur2.7 billion.
Plus500 goes public via IPO to enhance market presence
Plus500 planned to go public via an IPO to enhance its market presence. Plus500 decided to go public to enhance its market presence. The retail Forex broker planned to do so through offering an initial public offering.