FinGelit Chief Executive Officer Mattia Malgara said the Italy-based food maker would be going public next year.
Europe
TCS Group announces London IPO of Tinkoff Credit Systems Bank
TCS Group Holding would be holding an IPO in London for its retail banking unit. TCS Group Holding Plc bared its plans to conduct an initial public offering in London for Tinkoff Credit Systems Bank.
CFO Andy Halford set to leave Vodafone in 2014
Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
Fonciere des Regions purchases EUR 351 million worth of homes in Germany
Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million. Paris-based Fonciere des Regions (FDR) purchased 4,000 homes in Germany for a total of EUR 351 million or USD 477 million.
Nykredit to refinance DKK 11 billion or USD 2 billion debt
Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.
Latest News
UniCredit submitted a preliminary offer to purchase Poland's Bank BGZ, said a Reuters report. UniCredit is the biggest bank by assets in Italy. The financial lender had submitted a preliminary offer to acquire Poland's Bank BGZ, according to a Reuters report.
Oregon-based Cascade Microtech announced its acquisition of ATT Advanced Temperature Test Systems. Cascade Microtech bought Germany-based ATT Advanced Temperature Test Systems for EUR 8.
According to a new research, European private equity buyouts reached USD 19.7 billion for the third quarter.
Italian prosecutors said that JP Morgan should be indicted after manipulating markets and falsifying documents when it took over Banca Antonveneta last 2008.
Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.
The price of CHF398 million or USD439 million was paid by hedge fund firms Avista and Nordic Capital for Acino Holding.
HSBC Holdings Plc would stand to get USD19.5 million from the sale of its two paintings by Italian painter Canaletto.
Siemens announced on Wednesday it had obtained a new USD3 billion credit facility to replace a previous one that had expired last August of this year.
German newspaper Stuttgarter Zeitung said on Wednesday that utility company EnBW would be buying Italian energy company Eni's stake in the German natural gas transmission networks they co-owned.
