In Europe today, exchanges SIX and Euronext are mulling bids for Spanish stock-exchange operator BME, sending its shares soaring, and Volkswagen confirmed it strategic targets. Read about the above topics on Dow Jones Newswires or WSJ.com.

 

In Other Media...

 

Germany's Finance Ministry plans to create a special unit to combat large-scale tax fraud. Minister Olaf Scholz will set up a special unit with 48 positions at the Federal Central Tax Office. -Welt am Sonntag

 

Train operator Deutsche Bahn is trying to sell its subsidiary Arriva, which manages the German company's international transport business. While Deutsche Bahn expects a price tag of up to EUR4 billion, a potential bid from U.S. investor Carlyle reportedly came in at EUR2.5 billion. Write-downs, provisions and falling profit are weighing on the subsidiary's attractiveness for bidders. -Handelsblatt

 

Francisco Gonzalez, the former head of Spanish lender BBVA, is set to appear before a magistrate today in connection with the Villarejo case. The former banker will be called to explain ties between BBVA and Cenyt, the firm connected with retired police chief Jose Manuel Villarejo who stands accused in a sprawling bribery and espionage case. -Expansion

 

The Italian government is planning to meet EY to evaluate alternatives in regards to Ilva steel plant's rescue, according to daily Corriere della Sera. A Chinese stakeholder such as steel producer Jingye Group could possibly represent an option. -Il Corriere della Sera

 

Real-estate investment fund Merlin has joined BBVA and Grupo San Jose as a partner in Madrid Nuevo Norte, a big urban development project in the Spanish capital, and secured rights of first refusal in case its partners get an offer for their stake in the project, official filings show. Merlin holds 14.46% in DCN, the company that runs the project. -Cinco Dias

 

From this Monday, McDonald's France won't use straws and plastic caps anymore for cold drinks. -Les Echos

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 18, 2019 06:51 ET (11:51 GMT)

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