The UniCredit CEO had to abandon an Italian deal and hit a rut in his pursuit of Germany’s Commerzbank. Yet a 26% stake in 8-bln-euro Alpha Bank is already paying off. A full takeover looks viable, ...

The $40 bln Reimann clan vehicle is selling JDE Peet’s, adding M&A firepower to a revamp involving the annuity and life cover businesses. A permanent capital base helps. Yet JAB risks overpaying, and ...

The White House wants to loosen the People’s Republic’s grip on critical minerals; Beijing wants to do the same with Western semiconductors. That will take years of investment and political will. For ...