A market for three?
Another Greek summer?
Shortly after Syngenta’s Michel Demare rebuffed a $46 bn proposal from Monsanto last August, the Swiss group’s chairman predicted that there would have been more dealmaking to come in the agribusiness industry. He could have not been more right. On Thursday the 12th of May emerged that Bayer AG, the German chemical and drugs group, […]
Metroweb, the dark fiber targeted by Enel
“In the interest of the Greek people, we need to bring these negotiations to a speedy conclusion”. The managing director of the International Monetary Fund (IMF), Christine Lagarde, addressed these words to Alexis Tsipras, the Greek Prime minister, on April 3rd, in order to avoid another Grexit case. Since the referendum of the 5th of […]
Venezuela’s big challenge
On 7 May the Italian State-controlled utility company Enel has reportedly made an offer for Metroweb, a Milan-based fiber-optic network company. From Enel’s point of view, the acquisition of Metroweb would represent a significant step in its plan to to roll out a widespread high-speed Internet network in Italy. What is Metroweb? Founded in 1997 and headquartered in […]
Shortages, high level of inflation and uncertain living standards are the linking features that characterize both the current situation in Venezuela and the specular one in Zimbabwe fifteen years ago. The country started experiencing hyperinflation from 2000, when discrepancies between the official currency rate and the black market rate arose, which continued to grow at […]