Telecom Italia, the largest telecommunications company in Italy, will be selling its controlling stake in Buenos Aires-based Telecom Argentina to investment firm Fintech for EUR4 billion.
Europe
Just Retirement conducts IPO
Just Retirement is the British pension provider for retirees with health issues and has been listed in the London Stock Exchange to be valued at GBP1.1 billion on Tuesday.
Russian billionaire Dmitry Mazepin targets stake in Uralkali
Russian billionaire and fertilizer company owner Dmitry Mazepin was eyeing a 21.75% stake on the world's top potash miner Uralkali. Mazepin's net worth was at USD3.2 billion as of this year.
Liberty Global in discussions for possible acquisition of Intel Corp's online pay-TV service
Sources told Bloomberg that early talks were on-going between Liberty Global and Intel Corp for a possible purchase of the chip maker's online pay-TV service.
Merz Pharma purchases aesthetics specialist Anteis
Merz Pharma group recently bought Geneva-based aesthetics medicine specialist Antes SA for an unconfirmed amount in a transaction that would extend its product reach to North America
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KPMG launched its new USD100 million investment fund, London-based KPMG Capital, which would help identify and develop big data analytics firms all over the world.
London-based Armajaro Holdings Ltd sold its coffee, cocoa, and sugar trading arm to Swiss agricultural trader Ecom Agroindustrial Corp Ltd after reporting a loss of USD7.5 million.
This is a summary of key economic events and central bank speeches, likely to affect the global economy through the foreign exchange, equity and debt markets.
Czech startup Futurelytics Inc closed its seed financing with USD 800,000 in a round led by Index Ventures and Credo Ventures. Futurelytics was the first Czech company to win initial funding from Seedcamp.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Brazilian mining giant Vale had put up for sale its USD1.1 billion stake in Norwegian aluminum supplier Norsk Hydro, significantly reducing its stake in the company to 9.74%.
The Royal Bank of Scotland, due to a looming divestment by the British government, had put up for sale a shipping loan worth USD800 million.
Dynagas LNG Partners LP's business was directly proportional to the performance of its 3 LNG (Liquefied natural gas) carriers and existing charters with Gazprom and BG Group.
Sydney, Australia-based DesignCrowd claimed that its crowdsourcing marketplace was more fair and transparent to freeland designers, and intended to expand its business in the US.
