The latest takeover bid was submitted by BNP Paribas SA for BGZ Bank in the Polish market that had seen mega million takeover deals in its banking industry.
Europe
Coresystems completes Series A funding round
Coresytems raises USD15.5 million in its Series A funding round. Mobile cloud field service firm Coresystems recently announced the receipt of pledges amounting to CHF14 million or USD15.
Top-quality rules in European corporate market
olid demand for high rated corporate bonds prevented two low-beta companies from having to vie for attention in the euro market on Thursday, despite offering similar maturities and stemming from not dissimilar sectors.
Real estate markets experience revival in private equity- report
An Ernst & Young Global Limited report revealed that private equity has finally made a comeback in real estate markets after a five-year hiatus.
Black Pearl Capital Fund provides financing for Ennovar's production
A working capital facility was made available by Black Pearl Capital Fund for Ennovar's production.
Latest News
Due to net income decline, the world's biggest reinsurer Munich Re would do a share buyback program to be completed by April 30, 2014.
A Permira Funds portfolio company had purchased BestInvest for an undisclosed amount. UK wealth management and online investment service firm BestInvest announced it had agreed to be acquired by a portfolio company of Permira funds.
French lender BNP Paribas announced its submission of a non-binding bid to purchase a 98.5% interest in Rabobank's BGZ.
Joh A Benckiser owned-D.E Master Blenders planned to increase its ownership interest in Norwegian coffee producer Kaffehuset Friele to 90%.
Swiss mobile app maker Coresystems had received its first external funding since 2002. Coresystems received USD15. 5 million from investors in a recently concluded Series A funding round, TechCrunch said in a report.
Siemens AG said that it had set aside EUR4 billion or USD5.4 billion for its stock buyback program. In its statement, Europe's largest engineering company Siemens AG revealed plans to launch a EUR4 billion or USD5.
Autodesk Inc. revealed its intention to acquire UK-based software giant Delcam for GBP172.5 million.
Two French banks, Societe Generale and Credit Agricole, disclosed plans to increase its ownership stakes in asset manager Amundi Group and derivatives broker Newedge Group.
Power transmission product maker inked a definitive deal to acquire Danish energy company Svendborg for EUR80.1 million.
