Oct 22 (Reuters) - French investment company Wendel announced on Tuesday its acquisition of Monroe Capital ( MRCC ) , with an initial investment of $1.13 billion for 75% of the company's shares. Wendel's asset management platform is expected to generate about 185 million euros ($200.2 million) of pre-tax profit in 2025, the group said in a statement. ...

(Reuters) - Holiday Inn owner InterContinental Hotels Group ( IHG ) posted third-quarter room revenue growth of 1.5% on Tuesday, as summer demand in Europe offset a subdued U.S. market and dogged weakness in China. ...

STOCKHOLM (Reuters) -Swedish defence material maker Saab on Tuesday reported a slightly bigger-than-expected rise in third-quarter operating earnings and affirmed its outlook for surging sales and profits this year as countries scramble to re-arm. The company reported quarterly operating earnings of 1.19 billion Swedish crowns ($112.8 million) versus a year-ago 859 million and analyst expectations of 1.14 billion, according to...

FRANKFURT (Reuters) - Shares in SAP were up 4.4% in Lang & Schwarz pre-market trade on Tuesday after the German software company raised full-year targets on strong cloud business in the third quarter. Cloud revenue grew 27%, adjusted for currency effects, to 4.35 billion euros ($4.71 billion) in the third quarter, boosted by Cloud ERP Suite resource planning programme sales,...