Monday, 30 January 2012

News in brief

ABB / Thomas & Betts – The Swiss electrical engineering group is paying $3.9bn for a maker of electrical components.

Carrefour – The incoming CEO at the French supermarket group will have his work cut out.

Ryanair – Europe’s leading low-cost airline by passenger numbers increases its full-year profit expectations for the second time in three months.

Canon – The market darling has misses estimates and predicts very slow growth.

Sany Heavy – China’s biggest construction machinery company has bought a smaller German competitor.

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