Europe

Bidders for EVO Banco identified by news report

The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.


ThyssenKrupp denies report of cancelling Steel Americas sale

Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.

Lufthansa to modify pension plan for employees by year's end

Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.

Poland to meet privatization target from smaller stake sales in 2014

Polands 2014 privatization target would be met through several sale of its stakes in listed firms. Poland had expected to meet privatization targets by 2014 through several sale of its stakes listed in companies.


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UK task marketplace Sooqini announced USD500000 in seed funding from Lars Toft Larsen and Paolo Rubatto.
Powa Technologies receives funding for expansion after PM Cameron endorsed investor infuses money for the firm.
Vestiaire Collective had raised USD20 million Series C funding to fuel international growth. Vestiaire Collective received USD20 million Series C funding from Condé Nast, previous investor Balderton and Ventech as well as Indivest.
WPP Plc announced its purchase of a stake in the multi-platform agency Candyspace Media Ltd. WPP Plc, the advertising firm, announced it had acquired a minority stake in Candyspace Media Ltd, a multi-platform agency based in the United Kingdom.
Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
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