EQT Buys Indian Home-Finance Provider for $209 Million
STOCKHOLM--EQT will acquire Indian affordable-housing finance company IndoStar Home Finance from IndoStar Capital Finance for 17.5 billion Indian rupees (209.3 million).
U.S. Futures Mostly Flat, European Stocks Drop
In Europe, the Stoxx Europe 600 fell 0.4% in morning trading. Hugo Boss rose 2.4% and Securitas Series B climbed 1.8%. On the other hand, Mercedes-Benz Group dropped 8%, and JDE Peet's sunk 5%. The ...
Mercedes-Benz Shares Slump After Another Profit Warning
"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...
Uniper, ConocoPhillips Strike 10-Year Gas-Supply Deal
Uniper and U.S. oil-and-gas major ConocoPhillips agreed to extend their long-term gas supply partnership for up to 10 billion cubic meters of natural gas over the next 10 years in north-west European ...