Europe

France celebrates Bastille Day after train tragedy

Only a few days after a train derailment which caused six fatalities, the French continued to celebrate Bastille Day.


Altor to Acquire Second Biggest ski equipment maker Rosignol

Altor was geared to acquire a majority stake in Rossignol Group that include Weber Investment and the Boix-Vives family.

Experian: Irish mergers and acquisitions declined 50%

According to Experian, Irish mergers and acquisitions declined 50%. According to Experian, a global information services company, the number of mergers and acquisitions in Ireland dropped by almost 50%.

Cayman Islands and 25 European countries sign MOUs for continued hedge funds marketing

Cayman Islands and 25 European countries signed MOUs for continued hedge funds marketing in the EU. The Cayman Islands and 25 European countries signed a memorandum of understanding (MOU).


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Foresight Group invested GBP3.5 million in the buy-in management buyout of Aerospace Tooling. Foresight Group announced that it invested GBP3. 5 million or US$5.
French President Francois Hollande said that he will fight the traditional pessimism of his countrymen to lift the weakening economy.
Amphivena Therapeutics Inc. successfully completed a US$14 million equity. Separately, the company signs an agreement with Janssen Biotech Inc for exclusive rights for acquisition.
AT&T Inc. was planning to takeover Europe's wireless carriers due to discount deals. Randall Stephenson, AT&T Inc. 's Chief Executive Officer, along with his top assistants were outlining a wish list of buyouts of Europe's wireless carriers.
Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile. Publicis Groupe announced that they made a US$15 million strategic investment in Jana Mobile.
Altor's Fund III said that it would acquire Rossignol Group's majority shares. On Monday, Altor's Fund III stated that it entered an exclusive process to acquire Rossignol Group's majority shares.
Frontier raised GBP39.4 million by floating stocks in AIM. Frontier Developments raised GBP4 million by selling its shares on the Alternative Investment Market (AIM), a submarket of the London Stock Exchange.
Dominique Strauss-Kahn joins the Russian Regional Development Bank, a Rosneft-owned bank. Dominique Strauss-Kahn joined the supervisory slate of a bank owned by Rosneft, a Russian state oil major.
Londonmetric acquired two warehouses for GBP61.8 million. LondonMetric Property Plc bought two new warehouses in Bedford and Birmingham worth a total of GBP61.
Britain would only consider pension funds and insurers for the sale of its Lloyds Banking Group stocks and would rebuff private equity and foreign funds.
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