Tax avoidance systems in EU member countries are to be investigated by EU. An investigation is to be conducted by the European Union on Ireland, Luxembourg and the Netherlands for allegations these countries gave multinationals favorable tax deals over and above the EU's anti-competition rules.

NetMediaEurope acquired online technology news outlet B!T as it expands its international portfolio across Europe.

The standoff on the M&A deals in the mining sector has tested the patience and skills of bankers. The standoff between buyers and sellers in the mining sector has put the skills and patience of bankers to the test.

Bridgepoint sold Finnish healthcare services operator Terveystalo to EQT VI. Private equity firm Bridgepoint sold Terveystalo to EQT VI. Terveystalo is a Finland-based private healthcare provider.

According to a Bloomberg report, Vivendi SA would be moving closer to a spin off of its telecommunication and media assets, with investor Vincent Bollore appointed as new deputy chairman.

Rig operator Odfjell Drilling prepared to list in the Oslo bourse as shareholder BCB Paragon Trust planned an IPO.

Swiss Re hires Christopher Minter to head the reinsurer's acquisitions and principal investments business.

France-based Societe Generale was the third major bank seeking to sell its private wealth arm in Asia in the last five years.

Private equity firm 3i made an offer for the stake it does not yet own in Scandlines. Private equity investment firm 3i made a bid to acquire the shares it does not yet own in ferry group Scandlines.

US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.