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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

Dick's plans to keep open at least 30 Golfsmith stores and wind down the rest with liquidators from Hilco Global and Tiger Capital Group, the people said. Golfsmith had 109 stores in the United States at the time of its bankruptcy filing last month, and has been closing stores since then. With the bid, Dick's, the largest U.S. sporting goods retailer, also won Golfsmith's intellectual

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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

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Kuka nears deal with Chinese bidder: source

BERLIN/FRANKFURT (Reuters) – German robotics maker Kuka is on the brink of agreeing to an investor agreement with Chinese bidder Midea that includes a long-term commitment to existing headquarters, factories and jobs, a source close to the negotiations said. Kuka needs to decide in the coming week whether it wants to recommend the acceptance of Midea's 4.5 billion euro ($4.99 billion) bid, the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of recent deals. …

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Kuka nears deal with Chinese bidder: source

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ECB reveals capital hole in Greek banks as unpaid loans soar

By John O'Donnell and Francesco Canepa FRANKFURT (Reuters) – Greece's banks need to raise more than 14 billion euros (10 billion pounds) of extra capital to cover mounting unpaid loans, the European Central Bank said on Saturday as it announced …

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ECB reveals capital hole in Greek banks as unpaid loans soar