Dillistone acquired FCP Internet Holdings Limited on July 8. Dillstone announced the completion of its acquisition of FCP Internet Holdings Limited last July 8, 2013.
Europe
Dawn Capital II Fund Raises GBP63 Million
Dawn Capital II Fund raised GBP63 million. Dawn Capital raised GBP63 million for the first close of its Dawn Capital II fund. Contributions for the fund came from the UK Future Technologies Fund, the European Investment Fund, and the likes.
UK gov't invests on Isle of Wight harbor
The Homes and Communities Agency of the UK invested on a local Isle of Wight harbor project. The Homes and Communities Agency, a United Kingdom government institution, made an investment in Cowes Harbor worth more than GBP3 million.
Cyprus announces new investor incentives
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
ImpressPages gets Eur 200K funding from Practica Capital
The web content management system company acquires Eur 200,000 funding to expand its business with specific focus on product enhancement and development.
Latest News
LVHM announced that they were able to acquire 80% of Loro Piana LVMH Moet Hennessy Louis Vuitton SA agreed to pay US$2. 57 billion or Eur2 billion for 80% of Loro Piana SpA.
Sparebanken Møre announced that they have entered an agreement with EVRY Sparebanken Møre announced that they have entered an agreement with EVRY for the delivery of IT services for its banking activities.
CVC Capital had announced that it is dropping its EUR2.5 billion fund after difficulties. One of Europe's biggest private-equity firms, CVC Capital Partners Ltd.
Most bankers experienced roadblocks in selling covered bonds as investors like Pacific Investment Management Co said that debts from fledging markets have drove them away.
Aeroflot entered an agreement with the Manchester United Football Club as the official carrier for the team
RWE AG is expected to get rid of Gazprom oil price deals after arbitration. RWE AG previously said to get rid of a link in oil prices with gas supply contracts, contracts that have cost Germany's second-largest utility hundreds of millions of euros, they must win an arbitration against Russia's OAO Gazprom.
Osram price dropped by 4% on first trading day. Osram Licht AG's opening price today fell by as much as 4% on its first day of trading. The company opened at Eur 25 but then dropped to as low as Eur23.
Today, Prosensa Holding announced the closing of its previously announced initial public offering which started trading last June 28, 2013 on the Nasdaq Global Market.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
