Bloomberg Investment firms Intermediate Capital Group and Merieux Equity Partners have agreed to acquire Italian generics drugmaker Doc Generici from CVC Capital Partners for an undisclosed amount. The pharmaceutical company may have been valued at about 1.1 billion euros ($1.2 billion), people familiar with the matter said previously. Bloomberg reported last week that ICG and CVC were close to a ...

Bloomberg Germany’s economy will grow by less than half the rate previously expected this year, and risks to outlook include global trade disputes and a disorderly Brexit, according to the nation’s five leading research institutes. The gross domestic product of Europe’s largest economy will expand by 0.8 percent in 2019, the institutes predicted in their latest outlook published in Berlin. ...

Bloomberg General Electric (GE) fell in pre-market trading on Monday after a key analyst at JPMorgan returned to a bearish view on the stock, reversing a December upgrade that had provided a major boost to positive sentiment. Steve Tusa downgraded the shares to underweight from neutral and trimmed his price target by $1 to a Street-low view of $5, a ...