Workers in Amazon.com's logistic centers in the German towns of Bad Hersfled, Leipzig and Graben are prepared to go on strike on Monday. A dispute over pay has been plaguing the online retail company for months.
Europe
BlackRock insists it complied with Italian disclosure rules on Telecom Italia stake
A report by Bloomberg read that New York-based investment firm BlackRock said it complied with disclosure rules in its Telecom Italia stake after a watchdog said in a newspaper interview that the firm may have not followed rules when it did not report an increase in its stake in the telecommunications firm..
EQT buys majority stake in Dairy Queen, Papa John's Pizza operator in China
A consortium led by private equity firm EQT Partners has acquired a controlling stake in China F&B Group for an undisclosed sum. China F&B operates the Dairy Queen and Papa John's Pizza restaurant chains in China.
Christie's marks expansion in India with Mumbai art auction
Christie's International Plc is said to be conducting its first auction of artworks in Indian soil, and will highlight modern master Tyeb Mehta's (1925-2009) work entitled "Mahishasura."
Swiss hedge fund Gottex to acquire EIM Group
Gottex Fund Management Holdings on Monday announced that it is purchasing Swiss hedge fund EIM Group for $35.4 million in stocks. EIM shareholders will own 30% of the merged group, while Gottex owners will own the remaining 70% stake in the company.
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France-based ophthalmic lenses firm Essilor International has acquired Canada-based sunglasses and reading glasses distributor Suntech Optics Inc to develop its prescription and non-prescription eyewear product portfolio.
French automaker Renault and state-owned Dongfeng Motor Group have finally closed a $1.3 billion partnership agreement after almost a decade. The deal allows Renault to sell locally assembled models in China.
Japanese insurance firm Sompo Japan Insurance Inc will acquire private British company Canopius in a deal valued at $970 million to expand its overseas operations, according to a report.
British pharmaceutical corporation GlaxoSmithKline on Monday announced that it would buy up to 20.6 million shares in Indian subsidiary GlaxoSmithKline Pharmaceutical Ltd. for a total of $1.02 billion.
Sources said that American International Group is close to a deal to make its exit from International Lease Finance Corp. to Netherlands' AerCap Holdings NV. Under the deal, AIG will reportedly receive $3 billion in cash and $2.4 billion in stock.
UK-based virtual fitting room firm Metail has received £2.6 million in additional funding as it prepares to move into a new headquarters in East London.
Royal Dutch Shell's exit of its stake in Australia-based Woodside Petroleum Ltd may enable Asian buyers, particularly China, to get a stake of or even acquire the whole company, Bloomberg reported.
BlackRock Inc will have to say on Monday what stake it holds in Italy's biggest telecom operator Telecom Italia, after the Italian market watchdog threatened to fine it for not disclosing an increase.
The following bids, mergers, acquisitions and disposals were reported on Friday including ITC Holdings, Dave & Buster, Time Warner Cable, Banca Etruria, Cube Capital, Cargolux, Simon Property and Versace.
