Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.

A source told Bloomberg that the Macquarie Group had made an offer for Lloyds Banking Group's Australian assets.

Russian oil producer Rosneft announced on Monday that it would be buying out the minority shareholders of TNK-BP Holding for USD1.5 billion to complete its USD55 billion takeover of TNK-BP.

King.com confidentially filed an initial public offering following the much awaited debut of Twitter Inc's IPO, said a person familiar with the matter.

Siemens planned to shed 15000 jobs over the next year as a part of its cost cutting program, said a spokesman last Sunday.

Telecom Italia, a company considered strategic in the Italian political spectrum, is undergoing a change in leadership.

The large volume IPO companies have helped the European IPO boom. The cheap valuations and the strengthening economies were the main factors that put investments to full work in Europe, resulting in a sixfold volume increase in the third quarter for initial public offers in the region.

Intesa Sanpaolo named its new CEO after the resignation of Enrico Tommaso Cucchiani, according to a Bloomberg report.

In a move to provide a tax gain as well as capital gain, AXA spins off AXA PE, ceding majority control to an employee ownership group.

The European Union had switched the burden to aid troubled banks from taxpayers to shareholders, big depositors and bondholders, said a Reuters report.