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Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation
One-year-old French start-up approached by multiple investors who view it as Europe’s answer to OpenAI
Expect more deals after Prysmian’s acquisition of Encore Wire
Purchase of $15.6bn-valued US company would be French group’s biggest acquisition
Also in this newsletter: Italy’s Meloni allows anti-abortion campaigners to enter clinics
With long-haul flights exempt from charges and carriers given free allowances, large share of flights not covered by system
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from Moscow
Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector
Family-owned company looking to sell up to 24% of its share capital
Victory Capital deal will nearly triple US assets under management
Bank has reduced Russian loan book but profits and headcount have increased since full-scale Ukraine invasion
The corporatist spell must soon break
Anglo-German businessman makes extortion claims against figures in security services and presidential administration
Deep pool of retail and institutional investors has helped Stockholm defy continent’s capital markets gloom
Shares in International Distributions Services jump 29% on energy tycoon’s interest
Dutch group’s orders fall short amid industry slowdown
The Dutch group holds an unassailable market position
Gulf energy group in discussions with CVC and GIP about possible acquisition of their shares
German group secured over €500mn of orders in online sale after severing ties with Kanye West following antisemitic remarks
First-quarter revenues grew 2% at flagship fashion and leather goods unit, against an 18% jump a year ago
Plus, Raiffeisen Bank touts Russian growth in job ads and an investment banking boost in the US
Banking federation is calling for a more consistent set of rules across the EU
Proxy adviser calls on investors to replace chairs of BASF and Munich Re, who previously served as chiefs of their groups
Anti-corruption prosecutors are probing a loan made by a private bank to Signa property group
Carlos Tavares’s controversial remuneration deal of €36.5mn was rejected by almost 30% of shareholders
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