German publisher, Axel Springer, said that they will sell their magazines, regional newspaper and program guides to Funke Mediengruppe for EUR900 million.
Europe
UK yellow pages operator Hibu and lenders agree on restructuring deal
Hibu Plc surrenders control of the company in exchange for a GBP 800 million debt writedown. Hibu Plc agreed to a debt writedown valued at GBP 800 million (US$1.
Nasdaq, other companies, lose hundreds of millions to computer hackers
Hundreds of millions of dollars were stolen from Nasdaq and other companies by computer hackers based in Russia and Ukraine.
Freedom Brewery gets GBP 1 million (USD 1.53 million) from Oakfield Capital Partners
Microbrewer of craft lager Freedom Brewery has just received GBP 1 million from Oakfield Capital Partners.
Russia investigates Google, Facebook, Twitter
Authorities from Russia probed Google for possible tax evasion and privacy regulations. The Russian government initiated an investigation on the local unit of the world's most popular search engine, Google.
Latest News
According to William Hill, they were paying out a six-figure sum for George Alexander Louis. William Hill, a leading bookmaker, said "We are paying out a six figure sum to winning punters but the Royal Baby betting has been so popular that we have enough to get in a bottle of bubbly to wet the baby's head tonight.
BlackRock announced that they have raised up to GBP250 million from institutional investors and pension funds for its UK Long Lease Property Fund.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
Tradelab solidifies partnership with brand marketing leader TubeMogul. French trading desk Tradelab announced its strategic partnership with brand marketing company TubeMogul earlier today.
According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world. Moscow was dubbed as the "most expensive city" in the entire planet.
The Prince of Cambridge received several notable visitors at Kensington Palace. The Prince of Cambridge left the hospital and spent his first with mom and dad in Kensington Palace.
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
Despite gaining GPB6 billion in the United Kingdom, Apple allegedly paid only GBP10 million in UK corporation taxes.
