Sources said that Credit Suisse Group AG had been in talks with Grosvenor Capital Management LP to sell its Customized Fund Investment Group.
Europe
Lloyds CEO gives go ahead for bank stake sale
Antonio Horta-Osorio said that they are ready for the sale of Britain's GBP20 billion stake in Lloyds Banking Group.
Abertis sells its stake in Luton to AXA and Aena
Abertis Infraestructuras SA announced that they have sold their stakes in London's Luton airport for US$667 million.
UK Government invests GBP250 million for proton-beam cancer sites
The UK government has set aside GBP250 million to construct cancer therapy centers in the country which are already available in other European countries and the United States.
Alexion to enlist Goldman Sachs after Roche’s takeover offer
Alexion Pharmaceuticals hired Goldman Sachs to negotiate prices for a potential takeover deal from Roche Holding AG.
Latest News
Asian law firm King & Wood Mallesons agreed to merge with London-based SJ Berwin. King & Wood Mallesons, one of the largest law firms in Asia, agreed to merge with SJ Berwin effective November 1.
New and existing investors brought up Earlybird's total capital to EUR 650 million. Berlin-based Earlybird Venture Capital posted the EUR 150 million (US$200 million) final closing of the company's fourth early stage fund earlier today.
synlab acquires Medicap Holdings from Baltcap but financial details of the transaction were not revealed.
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.
Milan-based Telecom Italia's shares fell by 6.5% after Il Messaggero reported a capital increase that the company will suppose to tackle during its board meeting scheduled August 1.
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
EADS said it will now be known as Airbus Group. EADS confirmed that it will undergo a name change. The European aircraft maker announced that it will now be called Airbus Group.
Box selected SDL as its preferred partner in its quest for worldwide expansion. Box chose SDL as its preferred partner for its expansion into international markets.
