Sarkozy freezes Vinci takeover of ASF

Vinci, France's largest construction group, has agreed to freeze its creeping hostile takeover of Autoroutes du Sud de la France in exchange for a seat on the motorway operator's board.

The truce was announced late on Thursday by Nicolas Sarkozy, the finance minister, who brokered the three-way shareholder pact that was approved at an ASF board meeting on Wednesday.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It