Bloomberg Rolls-Royce Holdings Plc is eliminating more than 200 positions from its management team as Chief Executive Officer Warren East extends a wide-reaching restructuring of the embattled engine maker. The additional cuts brings the total trimming of management positions under East’s reign to more than 600, a Rolls-Royce spokesman said in a statement in response to a Financial Times ...

  Bloomberg OVS SpA, Italy’s largest children’s clothing retailer, agreed to buy Charles Voegele Holding AG with two other investors for about 56 million francs ($57 million), ensuring the survival of the ailing Swiss chain after years of speculation about its future. The offer price of 6.38 francs per share is 2.1 percent higher than Charles Voegele’s closing price on ...

  Bloomberg Ikea, the world’s biggest furniture retailer, has selected asset manager Pradera as the lead bidder to buy 27 European retail parks surrounding its stores, according to a person with knowledge of the matter. Pradera has offered about 1 billion euros ($1.1 billion) to buy the assets which are being sold through broker Cushman & Wakefield Inc., the person ...