Ania Nussbaum

US private equity firm Clayton Dubilier & Rice thought it had a deal to buy Sanofi’s consumer business. Losing bidder PAI Partners had other ideas.

(Bloomberg) -- After a year-long takeover battle for the owner of France’s best-selling painkiller, Sanofi’s decision to sell its over-the-counter business to a US buyout firm descended into mudslinging, public rebukes and political discord.Most Read from BloombergBooming Cambridge Exposes England’s Widening Wealth GapOman Sees an Urban Future Distinct From Dubai and Abu DhabiClimate Change Is Killing Buildings in Slow MotionRobotaxis Are No Friend of Public TransportationTransportation Policy G

European leaders welcomed the prospect of an early election in Germany as a way to break the impasse in Berlin that could help their common project to advance.

European leaders welcomed the prospect of an early election in Germany as a way to break the impasse in Berlin that could help their common project to advance.

(Bloomberg) -- France is hoping to persuade Poland into joining forces to block a trade deal between the European Union and Latin America's Mercosur bloc that's been a quarter of a century in the making.

Emmanuel Macron warned that Europe risks getting divided by Donald Trump’s economic policy and being thrown into a simultaneous trade war with Washington and Beijing.

Emmanuel Macron said the European Union should “synchronize” its financial regulation with the US, repeating his call not to apply stricter rules than others.

Europe is making a last-ditch appeal to the outgoing Biden administration to boost American support for Ukraine in order to solidify Kyiv’s position as much as possible before the presidential term ends in January.

Far-right leader Marine Le Pen accused French prosecutors of interfering with the democratic process after they called for her to be barred from the next presidential election.