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U.S. private equity firm takes $3.5 billion bet on pets with Zooplus deal

Zooplus, one of Europe's largest online pet supplies' retailers, said on Friday it had received and accepted a 3 billion euro ($3.5 billion) takeover offer from U.S. private equity firm Hellman & Friedman. ....

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UPDATE 1-Germany's Lanxess raises 2021 profit outlook on demand recovery

German speciality chemicals maker Lanxess raised its 2021 core profit outlook on Wednesday the second time this year driven by a rebound in the auto industry's demand and continued strong performance of its disinfectants business. ....

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UPDATE 1-Portugal second-quarter figures show employed at all-time high

Portugal's unemployment rate fell in the second quarter and the employed population reached an all-time high, as companies hired staff following the easing of COVID-19 restrictions. ....

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UPDATE 1-SBM Offshore sets sights on wind project development

SBM Offshore announced a share buyback programme on Thursday as the oil and gas services company reported better than expected first-half core earnings, sending its shares up more than 6%. ....

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Adidas invests in Finnish textile recycling firm

German sportswear firm Adidas, which is seeking to increase the proportion of sustainable materials it uses in its products, is investing in Finland's Spinnova, a company that makes textile fibre out of wood or agricultural waste. ....

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