Diageo PLC announced that they have acquired stakes in United Spirits Ltd. Diageo PLC announced that they have acquired a 25. 02 % stake in Vijay Mallya-led United Spirits Ltd (USL).
Europe
Credit Suisse Targets $94 Million Hit From UK Tax Deal
Credit Suisse estimated that they will receive US$94 Million hits from UK tax deal Credit Suisse forecasted that they are expecting a loss of CHF90 million or something in the area of US$94.
Swedish Government in a Deficit in June
The Swedish government declared a deficit in June. The Swedish government declared a deficit in government payments amounting to SEK6. 4 billion in June, under SEK28.
Etihad Close To Making Deal With JAT
Etihad announced that they are near to closing deal with JAT Airways Etihad Airways announced that they are close to coming to an agreement over an equity investment with JAT Airways.
British Land Acquires London Site for GBP470 Million
British Land announced its acquisition of a west London office complex over a deal priced at GBP470 million.
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British Land’s new investment was expected to boost earnings earlier than planned. British Land said that its investments, now totaling over £750 million, would be expected to boost the company's earnings earlier than planned.
Smiths Group and two of its UK pension schemes came upon an agreement. Smiths Group Plc announced that it had come upon an agreement with two of its major UK pension schemes.
China probes Tetra Pak for possible market dominance China probes Tetra Pak, the world renowned Switzerland-based food-packaging company for any possible abuse when it comes to market dominance.
Premier African Minerals Ltd. acquired contol of 42% common stocks in Ethiopian Potash Corp. (Photo : Reuters)The image shows the logo of Ethiopian Potash Corp.
Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
Disagreement as to how much was offered for 632 Lloyds Banking Group PLC ensued between NBNK Investments PLC owner Peter Levene and the Lloyd's CEO Antonio Horta Osorio.
Orege secures new capital from concluded IPO (Photo : Reuters)Orege SA, French Water Technology Company raises needed capital from concluded IPO French water technology company Orege SA raised Eur20 million with the completion of an initial public offering that was posted on Euronext Paris.
ECI Partners exited Clinisys. (Photo : Reuters)This is the logo of ECI. ECI Partners, among the most successful private equity groups based in the United Kingdom, exited CliniSys.
Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).
