Philips announced plans to return EUR 1.5 billion back to its shareholders. Netherlands-based electronics firm Philips said it had plans of returning EUR 1.
Corporations
Clean Harbors acquires Evergreen Oil for USD60 million
Clean Harbors, a Massachusetts-based environmental services company, acquired Evergreen Oil in a USD60 million deal.
Anheuser-Busch InBev sells bonds as borrowing costs fell
Belgium brewer Anheuser-Busch InBev would be selling bonds as yields fell in Europe. Anheuser-Busch InBev would be selling bonds as yields plunge to an all-time low in three weeks in the Europe.
Element Partners invests in Hayward Gordon
An investment was recently completed by Element Partners, an industrial technology focused equity fund, in Hayward Gordon, an industrial manufacturer of fluid handling systems.
Boise's sale to PCA casts shadow over employees, corporate hub, brand name
In a joint statement on Monday, Packaging Corp. of America (PCA) agreed to purchase Boise Inc. for an aggregate transaction value of USD1.995 billion.
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French investor Perceva would take over Monceau Fleurs Group through recapitalization. Independent turnaround investor based in France Perceva had announced it would be taking over the Monceau Fleurs Group.
Amazon UK said it was already looking into why some customers received copies of Grand Theft Auto 5 a few days earlier than its official launch date.
The publisher of Penthouse magazine, FriendFinder Networks, filed for Chapter 11 bankruptcy. FriendFinder Networks filed for bankruptcy under Chapter 11.
In an interview with Reuters, Maurel & Prom CEO Jean-Francois Henin said his company was mulling a secondary listing in London.
Sharp planned to issue 450 million new shares in a USD 1.7 billion fundraising plan. Sources told Reuters that Sharp Corp would be issuing 450 million new shares to raise funds.
Fans of Grand Theft Auto 5 received early copies of Grand Theft Auto 5. Early copies of the highly-successful game Grand Theft Auto 5 (GTA 5) was released in the UK.
In a finding by the Financial Conduct Authority, Barclays payments to investors post-2008 without proper disclosure was called reckless.
Schaeffler AG said in a statement that the sale of its combined 4% stake in Continental AG with holding company Schaeffler Verwaltungs GmbH would be used to repay borrowings made to takeover Continental.
In a bid to increase its contribution to ZTE's overall revenues, the cloud computing and IT productions operations of the firm had laid out plans to expand cloud computing in China.
