Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
Europe
KeyLemon closes another Series A round funding
Security solutions firm KeyLemon receives funds through Series A investment. One of the leading service providers of face and speaker recognition speaker solutions for security and authentication purposes, KeyLemon, announced the close of a Series A investment.
Vodafone is now on chapter two, according to CEO Colao
With nearly USD30 billion retained from the buyout, Vodafone is gearing towards expansion and technology upgrades.
KKR and Primera undertakes its exit plan
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business. ProsiebenSat. 1 private equity owners are selling off an 11% share in the free-to-air broadcaster from Germany.
Microsoft will buy Nokia's handset biz using USD60 billion offshore holdings - report
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
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Alitalia SpA engaged advisory services Italian firm for corporate restructuring help. Gruppo Banca Leonardo was engaged the services of Alitalia SpA to assist in the raising of hundreds of millions of Euros before the year's end.
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
The announcement of Nokia selling its handset unit to Microsoft Corp. had left hedge funds rushing to unwind their bets, leaving the Finnish company to score a record gain per day.
France would start tenders for its hydroelectric power concessions by next year. France said it intended to start tenders for hydropower concessions in the first half of 2014.
Lafarge would sell its 53.3% stake in its Honduras business to Cementos Argos for a price tag of EUR 232 million.
Private equity fund Mandarin Capital said it had sold its stake in IMA through accelerated book building.
TDF set its floor price for its sale at EUR4 billion but offers made were below the said price. Telediffusion de France, the broadcast tower operator, had received from Dering Capital a non-binding offer worth EUR3.
The suicide of a Zurich Insurance executive might threaten opportunities for its former CEO Josef Ackermann who announced resignation from the company last week.
OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.
