Europe
Zimory partners with Devoteam
Zimory announced that they are now in collaboration with Devoteam to ease business cloud transformation
CVC Capital accumulates Eur 10.5 billion buyout fund
CVC Capital Partners raised Eur 10.5 billion for it most recent buyout fund,, which will be utilized for investments in North America and Europe.
Coub raises US$1 million from venture capitalist
Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.
Cerberus acquires two german real estate portfolios
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
Latest News
Asia's richest man, Li Ka-shing made several investments in Europe which are now starting to pay off.
CVC Capital announced that they've accepted up to EUR10.25 billion in investments and that a further EUR250 million was in the works to be accepted.
Dunedin successfully raised GBP50 million more from their original target of GBP250 million for its latest buyout fund.
Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.
German opposition leader slammed Chancellor Merkel for not telling taxpayers that they will not be "excluded in any way" if the writeoffs continue.
The German government may be divesting its interest in Germany's second largest lender within the year.
The Royal Birth has been pushed back to July 24. According to royal sources, the hospital staff were informed that Kate Middleton's due date was July 19th.
Greek workers took to the streets their opposition over the proposed plan to retrench state workers.
Spanish lender BBVA agrees to sell its Panama unit for US $646 million in favor of Colombia’s second biggest banking conglomerate.
Visco of ECB stressed the importance of communication in an exit strategy. Ignazio Visco, a member of the European Central Bank Governing Council, stated that central banks needed to work on improving communication when it comes to exiting from an unprecedented monetary policy.