M&A

Holcim Raises 2026 Profit Outlook After Strong Nine-Month Organic Growth
Holcim Group Services Ltd reported higher organic revenue and recurring EBIT for the first nine months of 2026, driven by margin expansion and increased customer demand.

Deutsche Börse Raises Guidance for 2026 on Higher Interest Rates
The exchange operator reported double-digit growth in the third quarter and increased its financial targets for 2026, driven by higher interest rates and strong trading and custody business.

Lufthansa Wins Bidding Race for Portugal's TAP, Insiders Say
Germany's Lufthansa has reportedly won the bidding to acquire a 44.9% stake in Portugal's TAP, prevailing over rival Air France-KLM.

DWS Agrees to Acquire Real Estate Manager Peakside Capital Advisors
DWS is purchasing the entire share capital of Peakside Capital Advisors, expanding its alternatives business across Germany and central and eastern Europe.

Germany Examines Takeover Law Over Low-Ball Bids
Germany's Federal Ministry of Finance is examining changes to takeover laws to address low-ball offers following moves by UniCredit and Frasers.