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Stada CEO holds out on offering timeline for takeover talks

  Bloomberg Stada Arzneimittel AG Chief Executive Officer Matthias Wiedenfels played for time to complete negotiations with private equity firms on a proposed $3.9 billion takeover, offering little reprieve to investors seeking an end to weeks of jostling among the suitors and the drugmaker’s management. “This is about getting the best result for the company and its stakeholders” including employees ...

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UK borrowing slowdown may not be enough to allay concerns

  Bloomberg UK consumers are borrowing less freely as inflation bites and Britain prepares for Brexit, though the slowdown may not be enough to dispel concerns over the level of personal debt. Unsecured lending growth slowed to 1.4 billion pounds ($1.7 billion) in February, below the 1.6 billion pounds averaged over the previous six months, data published by the Bank ...

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Praxair’s $34bn Linde deal runs risk of falling apart

  Bloomberg Praxair Inc.’s plan to buy German industrial-gas maker Linde AG edged closer to collapse for a second time after Linde’s works council signaled strong opposition to the $34 billion deal and a government minister questioned its value. A deal with Praxair will lead to significant job losses, and the combined company will be run from headquarters in the ...

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