Volkswagen AG, Europe’s largest carmaker, faces increasing opposition to its 6.7 billion-euro ($9.3 billion) bid for the rest of heavy-truck maker Scania AB after the third-biggest shareholder rejected the offer.
Danske Bank A/S, which is being investigated for rigging mortgage bond prices, will step up efforts to ensure its traders comply with the rules after being fined by Nasdaq OMX for placing fake orders in AstraZeneca Plc.
Nordic Capital, a Stockholm-based private-equity firm, is leading bidders for LTS Lohmann Therapie-Systeme AG, which would end a nearly yearlong attempt to sell the German nicotine-patch maker, people with knowledge of the matter said.
Sweden’s krona declined to the weakest level in almost two years against the euro amid speculation the nation’s central bank will cut interest rates at least once this year, damping demand for the currency.
Starbucks Corp., the world’s biggest coffee chain, will move its European head office to London from Amsterdam, increasing the amount of tax it pays in the U.K. following criticism over the matter last year.