Europe

Estonia builds startup fund for another Skype

Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.


Richemont rules out brand sales

Geneva-based luxury-goods retailer Compagnie Financiere Richemont announced its decision to invest rather than divest in its struggling brands.

Bumi moves closer to Bakrie split deal

London-listed coalminer Bumi Plc announced its plan to proceed with a planned split from the Bakrie family despite lack of proof that the family can finance the deal.

Britain regulator clears London foundation trusts-The Doctors Laboratory merger

The Office of Fair Trading said the joint venture between University College London Hospitals, the Royal Free London and The Doctors Laboratory did not threaten competition in the pathology services market.


Latest News

Merlin Entertainments's successful initial public offering had put the company's valuation at GBP3.5 billion or USD5.6 billion.
Numericable experienced a significant and record increase in share prices on its first day on the stock exchange.
By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
The Swiss National Bank sold the bailout fund of UBS for USD3.762 billion. On Friday, the Swiss National Bank (SNB) said it had sold UBS's stabilization fund back.
British technology company Captive Media managed to raise GBP250,000 through crowdfunding to launch the world's first urinal game.
Austrian property company said its BUWOG unit is buying 18,000 flats in Germany to increase its portfolio.
Belgian medical equipment company Arseus struck a deal to acquire a pharmaceutical software maker in Brazil called Alternate Technologies.
French retailer Carrefour SA said it is in talks to buy a portfolio of malls owned by real estate investment company Klepierre.
Lime&Tonic raises EUR1.0 million in angel investments for its funding round. Digital concierge service provider Lime&Tonic announced the closure of its Angel round of funding.
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