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German pharmaceutical and life sciences group Bayer has secured €3 billion ($3.4 billion) in equity financing through an agreement with funds managed by Apollo Global Management, strengthening its capital structure while retaining control of one of its key healthcare businesses. Announced on Friday, the transaction centers on Bayer's......
German diagnostics and life sciences company Qiagen has reportedly attracted preliminary takeover interest from several major private equity firms, according to a report published by Bloomberg News on Thursday. Citing people familiar with the matter, Bloomberg said that investment groups EQT, Advent and KKR are among the firms that have expressed......
German aviation investigators have identified a misplaced locking pin as a key factor in the nose landing gear collapse involving a Lufthansa Boeing 787-9 at Frankfurt Airport, according to an interim investigation released on Thursday. The incident occurred on June 4, as the aircraft was being prepared for a long-haul flight from Frankfurt......
German defense company Rheinmetall and European missile manufacturer MBDA have signed a major contract to develop a laser weapon system for the German Navy, marking another step in Germany’s investment in next-generation defense technologies. The agreement, announced on Thursday, was awarded by Germany’s military procurement agency......
Germany has reached an agreement with the United States to acquire Tomahawk cruise missiles and deploy them on German territory, marking a significant step in Berlin's efforts to strengthen its long-range military capabilities and reinforce NATO's collective defense. German Chancellor Friedrich Merz announced the agreement on Thursday......
German law enforcement authorities have arrested five young men suspected of planning a series of alleged contract killings in Frankfurt, preventing what investigators believe could have escalated into multiple targeted murders. The operation, carried out last Friday in Frankfurt, the largest city in the state of Hesse, was announced jointly......
UniCredit has secured a 17.6% ownership stake in Commerzbank, according to newly released data, marking the latest step in the Italian lender's strategic investment in its German rival following a closely watched takeover attempt. The development comes after UniCredit pursued a months-long effort to increase its presence in Commerzbank,......
A Czech appeals court has upheld the extradition of German far-right activist Marla-Svenja Liebich to Germany, where the individual is expected to serve a prison sentence linked to previous convictions for incitement to racial hatred and defamation. The decision, delivered on Tuesday, confirms an earlier ruling by Czech authorities regarding......
German defence manufacturer Diehl Defence is developing a new long-range version of its IRIS-T air defence system that could reduce the need for the limited supply of Patriot interceptor missiles, according to the company's chief executive. Speaking during a presentation of the Diehl industrial group's 2025 financial results, CEO......
U.S. defence giant Lockheed Martin and German defence company Rheinmetall have signed an agreement to jointly produce ATACMS missiles in Germany, marking the first planned manufacturing of the short-range ballistic missile system outside the United States. The two companies announced on Tuesday that they had signed a memorandum of understanding......
A potential decision by Canada to purchase submarines from Germany's ThyssenKrupp Marine Systems (TKMS) would represent more than a defense procurement, according to a senior German government official, who said such an agreement could lay the foundation for decades of closer strategic cooperation between Ottawa and Europe. The comments......
Germany is preparing a significant expansion in public borrowing, with the federal cabinet expected to approve a draft 2027 budget featuring more than €203 billion in new debt, according to government sources cited in Berlin. The proposal reflects a sharp increase in state spending driven by defence commitments, infrastructure investment,......
German automotive supplier Continental AG has agreed to sell its ContiTech division to private equity firm Lone Star Funds in a transaction valued at approximately €4.6 billion, marking a major step in the group’s strategy to refocus on its core tyre business. The deal underscores ongoing restructuring within Europe’s automotive......
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