Europe
RenoNorden appoints Staffan Ebenfelt as Group CEO
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
M/A-COM to acquire Mindspeed for UDS272 million
M/A-COM Technology Solutions Holdings agreed to purchase communications chip maker Mindspeed Technologies Inc. for USD272 million.
Dover closes USD145 million acquisition deal with Finder
Dover Corp acquired industrial manufacturer Finder SpA for USD145 million. Dover Corp recently finalized a deal to purchase industrial company Finder SpA for USD145 million.
Brussels launches in-depth probe into Ineos-Solvay deal
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
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Former Rovio executives gathered USD 2.35 million in seed funds for gaming startup Seriously. Gaming startup Seriously raised USD 2. 35 million in its seed round.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.
G4S Chief Executive Ashley Almanza had launched several company restructuring moves, including a divestment of its 35 business units.
Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors. One of the global leaders in nanomedicine design, synthesis and manufacturing, Midatech Ltd, announced the completion of the issuance of its new equity.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.