Europe
Consortium of investors to buy Theo Fennell
A consortium of investors led by EME Capital offered GBP2.9 million to buy out Theo Fennell. Upmarket jeweller Theo Fennell revealed that it had decided to be taken private in a GBP2.
Microsoft loses "SkyDrive" brand
The tech titan was forced to rename its "SkyDrive" cloud service after losing a court battle in the United Kingdom.
Smith & Nephew allots US$1.5 billion for acquisitions
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
KKR & Co. to invest in Hilding Anders AB
Sources said that KKR will be investing around US$463 million in Hilding Anders AB via payment-in-kind notes.
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Spain-based airport operator Aena group agreed with AXA Private Equity to buy London Luton Airport from TBI Limited for USD 599 million.
Britain's largest defence contractor said its annual earnings for 2013 will rise by 10% once it clinches the multi-billion jet fighter deal with Saudi Arabia.
Russia's Mechel announced the sale of its ferroalloy assets to Turkey's Yildirim Group for USD 425 million.
The Sony Xperia Z Ultra all set for its September launch. The Sony Xperia Z Ultra was confirmed to arrive in the coming months. The confirmation came by way of a pre-order for the device at retailer Unlocked Mobiles.
Vodafone announced a reorganization of its European regional units in October. British multinational telecommunications company Vodafone Group announced that a reorganization is in the works.
Charles & Alice Group received the support of Equistone Partners Europe and CM-CIC Capital Finance to grow their fruit dessert business.
Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy. Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy.
Greek gaming provider, Intralot said that they will set up a EUR300 million bond sale to refinance loans and outstanding debt.
Princess Diana's tragic love affair with Hasnat Khan will be detailed in the upcoming September 2013 issue of Vanity Fair.
Societe Generale SA said that they are happy to announce that the company is ecstatic as the company's profit margin doubles.