In an agreement signed last Monday, CapMan Buyout purchases Nice Entertainment for an undisclosed amount.
Europe
News of Gazprom divesting shares leads to rise of Amber Grid
Investors welcomed the news that Gazprom would be divesting itself of the 37% stake it holds in Lithuania's Amber Grid.
Patrizia Immobilien acquires EUR 800 million worth of German office properties
Patrizia Immobilien announced it had agreed to buy 36 offices valued at EUR 800 million from CA Immobilien Anlagen.
Russia's Rosatom set to sign nuclear plant construction deal with Fennovoima
Russian Presidential aide Yury Ushakov told reporters that state-backed nuclear company Rosatom would be signing an agreement with Fennovoima for the construction of a nuclear power plant.
Chengdong Investment Corp converts Uralkali bonds to shares
A unit of China Investment Co, Chengdong Investment Corp, converted its Uralkali bond purchase to stock.
Latest News
Monte dei Paschi decided to cancel its coupon payments in order to meet EU bank requirements. A decision to cancel coupon payments was done by Monte dei Paschi di Siena on three hybrid loans set to fall due by the end of the month to comply with European conditions for the approval of a EUR4.
UK softdrink maker AG Barr said that despite its failed merger deal with British softdrinks producer Britvic, it has managed to retain its strong position in the saturated softdrinks market.
In an exclusive interview with news site the Financial Times, Chairman and creative director Remo Ruffini of the French-Italian clothing company Moncler said that they had plans for an IPO listing this year.
Lloyds' TSB business had received early approaches from private equity firms, according to a report by City A.M.
According to a Bloomberg report, as the UK government sought to boost mortgage lending and building permits became easier to get, home building approvals increased 48% in the country.
Germany based ThyssenKrupp denied a Focus report regarding a potential sale of its automotive unit. ThyssenKrupp is a German steelmaker based in Essen, Germany.
PE firm JC Flowers had expressed its interest in Lloyds' TSB unit according to a Sunday Telegraph report without citing sources.
According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.
Fiat buys out GM to become sole owner of diesel engine manufacturer VM Motori. Fiat, the Italian carmaker, had laid out plans to takeover VM Motori, the Italian diesel engine manufacturer.
