Europe
Dexia and Intesa to receive US$47 million in Piedmont swaps lawsuit
Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
Rumors of bidding war for Invensys abound
Rumors of bidding war for Invensys abound. Rumors of a possible bidding war for the acquisition of Invensys Operations Management abound. This followed the announcement of Schneider Electric of its bid of about US$5 billion for Invensys.
Experian: Telecom M&A do well in the UK
According to Experian, telecom M&A are doing well in the UK. According to Experian, there was an increase in mergers and acquisitions for the telecoms section in the United Kingdom.
Lexington set to win Generali Portfolio
Assicurazioni Generali SpA agreed to sell private equity fund stake to Lexington Partners. Assicurazioni Generali SpA announced that they have agreed to sell private equity fund stakes to Lexington Partners, Inc.