Europe

State-owned Alrosa prepares for share sale

Russian diamond company Alrosa announced on Wednesday that it has planned to sell 14% of its stake on the Moscow bourse.


QIWI to float more shares on Nasdaq

Russian payment transfer company QIWI announced floating an additional 8.2 million shares following 12.5 American depository shares it had floated earlier this year.

Google to enter into compromise settlement with EU Competition Commission

Google modifies its search engines to accommodate competitors, as confirmed by EU Competition Commission and Google executives.

EDF nears Citelum acquisition amidst ownership dispute of its owner

Despite an ownership dispute, Electricite de France (EDF) said it was in exclusive discussions with Dalkia France for the purchase of urban lighting firm Citelum.


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Sources told Bloomberg that Tribeca Holdings would be buying prime real estate in London's Mayfair district valued at GBP 130 million.
Spanish property builder Sacyr announced the possible sale of its Vallehermoso unit. Spain-based builder Sacyr SA would be selling its property development unit in Vallehermoso.
CA Immobilien Anlagen announced it would sell two-thirds of Tower 185 in Frankfurt to two German pension funds.
Grand Theft Auto Online would be launching on October 1, Rockstar confirmed. Rockstar Games has confirmed to video and entertainment site IGN. com that Grand Theft Auto Online would go live on October 1 at 4am PacificStandard Time.
On Tuesday, Power group EDF confirmed an early press report that it has started talking to Dalkia France to acquire public lighting and urban electrical equipment company Citelum.
Rockstar North warned enthusiasts of possible problems with the online version of GTA 5 set to go live today.
America Movil's plan to acquire Royal KPN encountered price disagreements as KPN's management wanted a higher price for the offer, said sources.
Vodafone Group Plc would appoint Aldo Bisio to be the company's new chief executive for Vodafone's Italian unit.
Ardian is the new entity formed when AXA Private Equity spun off from AXA Group. In an announcement, AXA Private Equity had said it completed its spin-off from the AXA Group.
The latest funding round saw Love Home Swap receives GBP1.025 million funding. Home swap holiday service Love Home Swap had announced it had raised another GBP1.
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