Europe
Schneider Electric in talks with Invensys for possible US$5 billion takeover
Schneider Electric announced that they are in early talks to buy Invensys for US$5billion. Schneider Electric announced that they are in early talks to buy Invensys Plc.
'Super Angels' provide better chances for UK upstarts
Angel investors are saving the upstarts in the UK, according to a Deloitte poll. Recent studies show that a new breed of 'super angel investors' are driving the United Kingdom's economic growth by filling the void left by the absence of traditional venture funds for upstart firms.
Enstar Group buys Torus Insurance
Enstar Grouped acquired Torus Insurance in a US$692 million agreement. Enstar Group announced today that it acquired Torus Insurance for US$692 million.
New jobs open in Ireland as Pfizer invests
Pfizer invests in two plants in Ireland. A company restructuring in Pfizer's two plants went underway as the pharmaceutical giant announced that a US$130 million investment is heading their way.