Private equity firm Blackstone Group LP announced that they are planning to work with Deutsche Bank AG regarding rental home bonds.
Europe
Box selects SDL as preferred partner for international market expansion
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.
European stocks rise while Asian shares decline
European stocks increase headed for its best month since October 2011 while Asian shares fell. US futures experienced little change.
Schneider Electric agrees on GBP 3.4 billion Invensys buy
Schneider Electric announced its GBP 3.4 billion or USD 5.2 billion acquisition of Invensys Plc. French electrical gear manufacturer Schneider Electric announced its GBP 3.
E2open acquires icon-scm
E2open inks the US$34 million deal for the acquisition of icon-scm. E2open announced that they have acquired icon-scm in a transaction that was valued at US$34 million.
Latest News
IHS GmbH confirmed that Battery Ventures had acquired the group's shares in Kings Park Capital.
Manchester Airports Group announced plans for a GBP40 million improvement program for London's Stansted Airport.
Investment firms Acon and Capital International Private Equity Fund IV jointly acquires Vetra Energia.
Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.
EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.
Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
The Hay Group acquires Metallumform in a bid to meet its customers demands and to expand its reach globally.
Insight Venture’s acquisition of a minority share in Veeam Software has been completed but financial details of the transaction were not revealed.
Barclays announced selling its shares to raise GBP5.8 billion to satisfy Britain's financial regulators demand.
