Group valuation underpinning planned break-up nears €13.6bn, which would trigger bumper payouts to more than 100 managers
German chemicals group has been buffeted by high energy prices and hamstrung customers
Media division will be split from classifieds business
Lender agrees sale of asset manager to Oaktree in deal worth up to £200mn
Senior figures in German government believe Italian lender took ‘stealthy’ approach to stakebuilding
Plus, one of the billionaire Issa brothers steps back from Asda and the antitrust case rattling American fashion houses
Paul Taubman advisory firm to buy former Morgan Stanley banker May Nasrallah’s deNovo Partners
Buyout firms EQT and Permira also in running for mid-tier accountancy firm
An important task for regulators is to understand how different forms of financial intermediation fit together to benefit customers