Europe

Edmond de Rothschild closes BioDiscovery 4 Fund

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.


ECB easing bets push euro zone bonds up

The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.

York Capital Management invests EUR100 million in Greece's GEK Terna

US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.

Alcatel-Lucent seeks USD1.29 billion in capital increase

Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.


Latest News

Some say the Euro is overvalued while others claim it is not. The founders of the Euro had dreamt of a superpower currency that can go head to head with the US dollar, to free Europe from US economic dependence.
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
The Confederation of British Industry said they are campaigning for a reformed European Union for British interests.
Centrica decided to scrap plans for £2 billion wind farm unless the government subsidies to be given will be significantly increased.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
A Reuters article urged the Greek government to put more effort into investment programs that would encourage more local startups.
Major banking institutions including JPMorgan Chase might have predicted the direction of the probe conducted by the Financial Conduct Authority in Britain.
The Abraaj Group sells its shares in Opalia Pharmaceuticals to Recordati. The Abraaj Group of Dubai recently announced it full exit from Opalia Pharma of Tunisia.
Entry of the Euro in Latvia had not made any positive effect on the country's economy. On January 1, Latvia had adopted the Euro, which would hopefully encourage lower costs for borrowing and investments.
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