Europe

Telefonica turns over control of Czech unit for EUR2.47 billion

Spanish telecommunications firm Telefonica said it had sold a 65.9% interest in its Czech unit to investment group PPF.


Google's USD607 million investment to triple size of Hamina data facility

Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.

Marks and Spencer sales drop to 1.3%

The UK clothing retailer has yet released new clothing collection for women causing a drop in sales.

Spire Capital to make full exit of Just Marketing International for USD 76 million

Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.


Latest News

Prince William and the Duchess of Cambridge renovated their Kensington Palace apartment with modern amenities, reports said.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
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