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Brunswick mobilises its European offices for KNDS IPO

The strategic communications firm has mobilised its offices in Paris, Frankfurt, Berlin and London to manage the Franco-German defence group's IPO. The firm is coordinating the financial communications and public affairs aspects of the sensitive operation, which is expected to value KNDS at nearly €20bn.

Philipp Schüler, Lætitia Quignon, and Benoît Grange, from Brunswick.

Accès libre English Corner 15.05.2026

Tikehau Capital berates top managers after poor results

Mathieu Chabran, co-founder of the Paris-based asset management firm, sent an email on 24 April to its senior executives to express deep disappointment at the end of the first quarter. He urged his team to get the company back on track.

Mathieu Chabran, co-founder of Tikehau Capital.

Accès libre English Corner 29.04.2026

NATO snubs Boeing and picks Saab for new AWACS surveillance planes

The North Atlantic Alliance has picked the GlobalEye from Saab and Bombardier to replace its fourteen Boeing E-3 warning and control aircraft, La Lettre can reveal. The choice of a European manufacturer, alongside a Canadian one, marks a revolution for this strategic multi-billion-euro programme.

Micael Johansson, CEO of Saab, and Mark Rutte, Secretary General of NATO.

Accès libre English Corner 23.04.2026

Johnson & Johnson étudie une prise de contrôle de son partenaire Nanobiotix

Le poids lourd américain de la pharma finance les essais cliniques de la biotech française en oncologie, avec laquelle il est lié par un accord de licence depuis 2023. L'opération permettrait des économies tant sur la recherche que sur les royalties à verser.

Le patron de Johnson & Johnson, Joaquin Duato.

Accès libre Santé 25.03.2026

Europe moves to shape post-conflict Iran as Pahlavi rejects united opposition efforts

French and European parliamentarians are stepping up efforts to shape a post-conflict Iran, with Brussels pushing a forum to unite the fragmented opposition. Passionate activists coexist in the latter with American interest groups harboring more assertive geopolitical ambitions.

A banner bearing the image of Reza Pahlavi during a demonstration in support of the Iranian people in Kraków in Poland, on 8 March 2026.

Accès libre English Corner 20.03.2026

L'Événement
La biotech Abivax accorde une période d'exclusivité à AstraZeneca en vue d'un rachat

La start-up française dirigée par Marc de Garidel donne jusqu'au 23 mars au géant pharmaceutique britannique un accès exclusif à des informations confidentielles pour qu'il formalise son offre de rachat. Passé ce délai, Abivax sera libre d'engager des discussions avec les autres prétendants.

Pascal Soriot, PDG d'AstraZeneca, le 10 octobre 2025 à à la Maison-Blanche (Washington D.C.), dans le Bureau ovale, lors de la conférence de presse du président Trump sur le prix des médicaments

Accès libre Santé 12.03.2026

Biotech Abivax gives AstraZeneca exclusive period to position itself for takeover

The French start-up led by Marc de Garidel is giving the British pharma giant exclusive access to its data until 23 March to help it decide on its takeover bid. If it fails to make a bid by that date, Abivax will be free to negotiate with other potential buyers.

AstraZeneca CEO Pascal Soriot, as US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, on Friday, October 10, 2025.

Accès libre English Corner 12.03.2026

NATO suspends top Spanish arms firm over "irregularities"

The alliance's procurement arm suspended Fábrica de Municiones de Granada last summer over suspected irregularities in ammunition contracts, according to an investigation by La Lettre and its partners. Its owner, the giant Czechoslovak Group, did not deem it necessary to disclose this awkward fact at the time of its spectacular stock market flotation in January.

Michal Strnad, chairman of Czechoslovak Group, parent company of Fábrica de Municiones de Granada.

Accès libre English Corner 10.03.2026

NATO: despite plans for European pillar, US retains control of operational commands

Washington will place its generals at the head of operations for each of the NATO Joint Force Commands in Naples, Norfolk and Brunssum, thereby relativising the scope of the Europeanisation of the military headquarters announced by Mark Rutte.

General Alexus Grynkewich and Mark Rutte, Brussels, 12 January 2025.

Accès libre English Corner 12.02.2026

NATO: Washington cedes commands of Naples and Norfolk to Europeans

The United States is due to relinquish command of NATO forces in Naples and Norfolk, continuing its gradual withdrawal in favour of its European allies. But Washington will assume command of maritime forces - MARCOM - and retain supreme command of allied forces in Europe - SACEUR - thus maintaining control over the strategic direction of the Alliance.

Mark Rutte and Donald Trump, at World Economic Forum in Davos, Switzerland, 21 January 2026.

Accès libre English Corner 09.02.2026

NATO corruption: Europeans show red card to procurement agency's American boss

France, Norway and Belgium have formally challenged the leadership of NATO's Support and Procurement Agency, marking an unprecedented rebuke of its American General Manager amid mounting corruption allegations and investigations.

Mark Rutte, Stacy Cummings and Bob Reddington.

Accès libre English Corner 05.02.2026

Stacy Cummings fights for survival at NATO agency as European anger mounts

The appointment of Johann Schimek as HR director of the Alliance's Support and Procurement Agency is facing pushback from several member states that question the Frenchman's credentials. Inside an agency scarred by corruption and favouritism, the dispute has become a defining test for its American director general.

Accès libre English Corner 23.01.2026

Sanofi makes fresh play for Ocular Therapeutix

The French pharmaceutical group and its chief executive, Paul Hudson, are preparing an improved bid to acquire the US biotech start-up. Its initial offer of $16 per share was rejected by the US biotech's board.

Paul Hudson, CEO of Sanofi, at the Fortune Global Forum in New York, November 11, 2024.

Accès libre English Corner 15.01.2026

Enquête | Paris-Bruxelles
Otan : un virement au centre des "arrangements" avec un consultant

Un arrangement financier secret a été accordé par l'agence d'acquisition de l'Otan au frère de l'actuel directeur des opérations, Orhan Muratli. La division dirigée par ce cadre turc est au cœur des affaires de corruption et des arrestations qui secouent l'Alliance depuis février.

Vedat Muratli et Orhan Muratli, à côté d'une vue de la base américaine de Bagram.

Accès libre Exécutif 05.01.2026

'Confidential' contractor payment fuels NATO procurement scandal

NATO's procurement agency approved a "confidential" financial arrangement that allowed the brother of its current director Orhan Muratli to get paid for contracting work outside the usual procedures. Muratli's department is at the heart of corruption investigations and arrests rocking the military alliance for the past year.

Vedat Muratli and Orhan Muratli, next to a view of the American base in Bagram.

Accès libre English Corner 05.01.2026

Paris-Bruxelles
Corruption at NATO: prosecutors probe suspect contracts won by Israeli giant Elbit

La Lettre and its media partners can reveal the list of programmes suspended by NATO due to "fraudulent activities". Contracts awarded to Israeli defence firm Elbit Systems are at the heart of a probe coordinated by the Belgian federal prosecutor's office.

The NATO headquarters, an H225M helicopter, the Portuguese frigate Bartolomeu Dias and an Embraer C-390 aircraft.

Accès libre English Corner 08.12.2025

LVMH : la mystérieuse demande d'enquête privée sur La Lettre

Un brief de mission d'enquête sur La Lettre et sa journaliste en charge du secteur luxe circule dans Paris. Entre recherches sur des rédactions, dossiers anonymes et conseillers en influence, les couloirs de LVMH sont le théâtre d'une nouvelle lutte de clans.

Frédéric et Bernard Arnault ; Alexandre Benalla ; Alexandre Arnault et Jean-Jacques Guiony ; Bernard Arnault.

Accès libre Luxe et Conso 01.12.2025

Corruption at NATO: NSPA chief uses attack as defence tactic

As scrutiny of allegedly corrupt NATO contracts intensifies, the Alliance's procurement agency boss Stacy Cummings has launched an aggressive counter-offensive: ordering representatives of member states to keep quiet, accusing them of leaks, and trying to seize control of communications.

Accès libre English Corner 28.11.2025

Enquête | Paris-Bruxelles | Document
OTAN : les petits arrangements des Américains avec la lutte anticorruption

La Lettre et ses partenaires publient un rapport accablant pour Stacy Cummings, la directrice générale de la NSPA, l'agence de l'OTAN chargée des grands contrats d'armement. Alors que les affaires de commissions se multiplient au sein de l'organisation, l'Américaine a refusé de renforcer les audits internes anticorruption.

Stacy Cummings, Mark Rutte, Donald Trump, Gerardo Bellantone, Geneviève Machin.

Accès libre Défense et Aéronautique 21.11.2025

Washington shields NATO procurement chief as corruption scandals mount

La Lettre and its media partners are publishing a damning report on Stacy Cummings, the head of the NSPA, the NATO agency responsible for major arms contracts. Bribery cases are on the rise within the agency, but its American boss has refused to beef up anti-corruption audits.

Accès libre English Corner 21.11.2025

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Articles en accès libre

Brunswick mobilises its European offices for KNDS IPO

Tikehau Capital berates top managers after poor results

NATO snubs Boeing and picks Saab for new AWACS surveillance planes

Johnson & Johnson étudie une prise de contrôle de son partenaire Nanobiotix

Europe moves to shape post-conflict Iran as Pahlavi rejects united opposition efforts

L'Événement
La biotech Abivax accorde une période d'exclusivité à AstraZeneca en vue d'un rachat

Biotech Abivax gives AstraZeneca exclusive period to position itself for takeover

NATO suspends top Spanish arms firm over "irregularities"

NATO: despite plans for European pillar, US retains control of operational commands

NATO: Washington cedes commands of Naples and Norfolk to Europeans

NATO corruption: Europeans show red card to procurement agency's American boss

Stacy Cummings fights for survival at NATO agency as European anger mounts

Sanofi makes fresh play for Ocular Therapeutix

Enquête | Paris-Bruxelles
Otan : un virement au centre des "arrangements" avec un consultant

'Confidential' contractor payment fuels NATO procurement scandal

Paris-Bruxelles
Corruption at NATO: prosecutors probe suspect contracts won by Israeli giant Elbit

LVMH : la mystérieuse demande d'enquête privée sur La Lettre

Corruption at NATO: NSPA chief uses attack as defence tactic

Enquête | Paris-Bruxelles | Document
OTAN : les petits arrangements des Américains avec la lutte anticorruption

Washington shields NATO procurement chief as corruption scandals mount

À propos de La Lettre

Abonnement

La Lettre sur les réseaux

Sites du groupe Indigo Publications

À propos de La Lettre

Abonnement

Sites du groupe Indigo Publications

Marine Le Pen

Jean-Luc Mélenchon

Marine Tondelier

Bruno Retailleau

David Lisnard

Articles en accès libre

Brunswick mobilises its European offices for KNDS IPO

Tikehau Capital berates top managers after poor results

NATO snubs Boeing and picks Saab for new AWACS surveillance planes

Johnson & Johnson étudie une prise de contrôle de son partenaire Nanobiotix

Europe moves to shape post-conflict Iran as Pahlavi rejects united opposition efforts

L'Événement La biotech Abivax accorde une période d'exclusivité à AstraZeneca en vue d'un rachat

Biotech Abivax gives AstraZeneca exclusive period to position itself for takeover

NATO suspends top Spanish arms firm over "irregularities"

NATO: despite plans for European pillar, US retains control of operational commands

NATO: Washington cedes commands of Naples and Norfolk to Europeans

NATO corruption: Europeans show red card to procurement agency's American boss

Stacy Cummings fights for survival at NATO agency as European anger mounts

Sanofi makes fresh play for Ocular Therapeutix

Enquête | Paris-Bruxelles Otan : un virement au centre des "arrangements" avec un consultant

'Confidential' contractor payment fuels NATO procurement scandal

Paris-Bruxelles Corruption at NATO: prosecutors probe suspect contracts won by Israeli giant Elbit

LVMH : la mystérieuse demande d'enquête privée sur La Lettre

Corruption at NATO: NSPA chief uses attack as defence tactic

Enquête | Paris-Bruxelles | Document OTAN : les petits arrangements des Américains avec la lutte anticorruption

Washington shields NATO procurement chief as corruption scandals mount

À propos de La Lettre

Abonnement

La Lettre sur les réseaux

Sites du groupe Indigo Publications

L'Événement
La biotech Abivax accorde une période d'exclusivité à AstraZeneca en vue d'un rachat

Enquête | Paris-Bruxelles
Otan : un virement au centre des "arrangements" avec un consultant

Paris-Bruxelles
Corruption at NATO: prosecutors probe suspect contracts won by Israeli giant Elbit

Enquête | Paris-Bruxelles | Document
OTAN : les petits arrangements des Américains avec la lutte anticorruption