Danish turbine maker Vestas Wind Systems A/S bond yields declined because of plans to sell off its machining and casting unit.

The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.

The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.

Meridian Properties did not push through with its planned EUR 170 million due to adverse market conditions.

New venture fund received GBP37.5 million in investment commitments from public and private investors, including the UK government, to boost the tech industry in the nation.

The European Union approved Aegean Airlines' takeover of Olympic Air. European Union regulators gave approval to Aegean Airlines to purchase Olympic Air.

French carmaker Peugeot-Citroen said it would be considering new cooperation agreements with various firms to fund its overseas expansion efforts.

Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.

As reported by Dow Jones, Celesio shares increase after McKesson interest in buyout becomes public. After a report that the McKesson Corp was in discussions with Celesio AG majority shareholder Franz Haniel & Cie GmbH as to a possible buyout, share values of the German drug wholesaler rose to their highest in seventeen years.

Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.