The American Airlines and US Airways US$1 billion merger is set to be finalized before the end of August 2013.
Europe
SNB to sell back UBS assets
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Berkeley Group and Wellcome Trust launches joint venture
Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
Leading helicopter leasing company secures new US $300 mln loan
Milestone Aviation secures a US $300 million loan facility from Lloyds, Barclays and Lombard. Milestone Aviation Group said that it reached an agreement with three banks for US $300 million in loan facility.
Essilor to pay US$1.73 billion for Lens-Venture Stake
Eyeglass lens maker Essilor is set to pay US$1.73 billion for PPG's 51% stake in Transitions Optical.
Latest News
The supervisory board at Siemens AG asked to oust its current CEO after failing to meet the 12% profit margin goal of the company.
Lincoln International extends its territory to Italy after it acquired Rondelli Advisers for an undisclosed amount.
Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
UK-based PolyTherics Limited merges with Antitope Limited to create a better group that can develop better pharmaceuticals.
KBA bought an 85% stake in Kammann Maschinenbau, a decoration press manufacturing firm owned by German private equity firm Perusa.
America Movil' Carlos Slim was entitled to end the company's shareholdings in the Dutch telecoms firm KPN and was said to look into purchasing the company as a whole.
Getty Images agreed to supply the pictures for Mowjow's upcoming social money game. Getty Images agreed with Mowjow Plc to supply its pictures for the latter's forthcoming social money game.
According to a report from the daily Zairul Financiar on Monday, IBM Romania would receive a state-funded investment from the Romanian government that was valued at Eur21 million.
