Brazil's Moreira Salles family weighs buyout of France's Verallia, Bloomberg News reports
Jan 31 (Reuters) - Brazil's billionaire Moreira Salles family is exploring a potential take-private bid for French glass packaging producer Verallia SA (VRLA.PA), opens new tab, Bloomberg News reported on Friday, citing people familiar with the matter.
A representative for BWSA, the Moreira Salles family office, did not immediately respond to a request for comment. Verallia declined to comment.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
an hour ago
- Reuters
China's new bank loans rise in May, below forecasts
BEIJING, June 13 (Reuters) - Chinese banks extended 620 billion yuan ($86.34 billion) in new loans in May, rising from the previous month as reassuring monetary measures and a trade truce achieved between Beijing and Washington in mid-May boosted borrowers' confidence. The loans distributed missed analysts' forecasts, rising from April's 280 billion yuan, according to Reuters calculations based on data released by the People's Bank of China on Friday. Analysts polled by Reuters had expected May new yuan loans would reach 850 billion yuan, compared with 950 billion yuan a year earlier. The central bank does not provide monthly breakdowns. Reuters calculated the May figures based on the bank's January-May data, compared with the January-April figure. ($1 = 7.1813 Chinese yuan renminbi)
Daily Mirror
2 hours ago
- Daily Mirror
Liverpool and Chelsea receive defiant message over £85m star Hugo Ekitike
Eintracht Frankfurt striker Hugo Ekitike is one of the most in-demand talents in world football, with Chelsea and Liverpool both keen on a move for the 22-year-old Eintracht Frankfurt CEO Markus Krosche maintains the club don't need so sell Hugo Ekitike amid Premier League interest. Liverpool and Chelsea are both keen on the French frontman, who has been valued at around £85million. The Bundesliga side cashed in on Ekitike's former team-mate Omar Marmoush in January, with the forward joining Manchester City in a £59m deal. They still finished third, thanks in no small part to Ekitike's goals, and booked a return to the Champions League next term. 'If the price isn't right, then he'll just stay with us," Krosche told Wiesbadener Kurier when discussing the player. "We don't have to sell Hugo.' According to Sky Deutschland, Liverpool and Chelsea both remain in the race for Ekitike. However, it appears neither will be able to get a discount on the former Paris Saint-Germain striker. Wiesbadener Kurier reported earlier in the week that Frankfurt are keen on Mainz's Jonathan Burkardt as they look to bolster their attacking ranks. The German international could join Ekitike rather than replacing him, though, with Mainz after a fee north of £25m. Reims-born striker Ekitike burst onto the scene as a teenager with his hometown club, prompting PSG to fork out around £30m to bring him to the Parc des Princes. They took a significant loss when selling him on to Frankfurt in 2024, but the frontman's next move could come for substantially more. Ekitike initially moved to Germany on loan in January 2024, helping Dino Toppmoller's team finish sixth in the Bundesliga. A permanent switch followed, and 15 of his 22 goals this term came in the league as only Bayern Munich and Bayer Leverkusen finished ahead of Toppmoller's side. Chelsea have been busy this month, making a number of signings ahead of their Club World Cup campaign. They weren't able to wrap up a deal for Ekitike in time, though, while fellow targets Jamie Gittens and Mike Maignan have also stayed put for now. Enzo Maresca has been able to include three new arrivals in his squad, though. Liam Delap is involved after joining from Ipswich Town, with Dario Essugo, Mike Penders and Mamadou Sarr also part of the 28-man squad, while there's also a chance for Aaron Anselmino - signed last summer - to make his competitive debut for the Blues following a loan spell at former club Boca Juniors. Chelsea's Club World Cup campaign gets underway on June 16, when they take on Los Angeles FC in Atlanta, with games against Flamengo and Esperance to follow. LAFC were last-minute additions to the competition, winning a play-off against Club America to take the place of Leon in the draw.
Reuters
2 hours ago
- Reuters
South African assets sink on risk aversion after Israel's strike on Iran
JOHANNESBURG, June 13 (Reuters) - South Africa's rand and government bonds fell steeply in early trade on Friday, after Israeli military strikes on Iran drove investors toward safe havens. At 0657 GMT, the risk-sensitive rand traded at 18.04 against the dollar , 1.6% weaker than Thursday's close. The rand had been on a strong run for weeks, helped by local coalition partners resolving a budget dispute, talk of a lower inflation target and strong precious metal prices. The escalation in hostilities in the Middle East - a major oil-producing region - adds a fresh layer of uncertainty for financial markets at a time of pressure on the global economy from U.S. President Donald Trump's erratic trade policies. No major domestic data releases are due on Friday, but next week local consumer inflation (ZACPIY=ECI), opens new tab and retail sales (ZARET=ECI), opens new tab figures will be published. The yield on South Africa's benchmark 2035 government bond was up 16.5 basis points to 10.25%.
