Banco Popular sells property management to US funds
Spanish bank Banco Popular announced the sale of its property management units to US-based investment companies Varde Partners and Kennedy Wilson for an undisclosed amount.
Europe
UK: Nurses Express Heartbreak as Hospital Patients Die Alone Amid Staff Shortages
Nurses in the UK express profound distress and heartbreak over hospital patients being left to die alone amidst shocking staff shortages, highlighting compromised care standards where survival is now the benchmark.
Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report
Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports...
CDK Global Begins Restoring Systems After Cyberattack Disrupts Thousands of Car Dealerships
More than a week after cyberattacks forced CDK Global to shut down its systems, disrupting operations for thousands of car dealerships, the software provider is in the process of restoring its applica..
EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity
The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on ..
London Police Officer Charged After Stealing Money From Dead Man
A Metropolitan Police officer has been charged after allegedly stealin...
Italy's Campari Faces Investigation Over Alleged Tax Evasion
Italian prosecutors have initiated an investigation against Italian dr...
Latest News
7Digital nears deal of UBC Media Group takeover
Online music platform company 7Digital is close to signing a deal to buy out UBC Media Group. The takeover deal will provide a London listing for 7Digital in place of UBC. Should it be successful, the
Malaysian consortium secures GBP790 million syndicated financing for Battersea acquisition and development
The Malaysian consortium made up of Sime Darby Property, SP Setia Bhd and the Employees Provident Fund, have secured GBP790 million in syndicated funding to acquire the Battersea Power Station in the
Coms PLC completes GBP9.5 million acquisition of Redstone
Telecommunications and information technology (IT) service provider Coms PLC announced that it has completed the acquisition of Redstone Converged Solutions Ltd in a deal valued at GBP9.5 million.
UK's Poundland to raise GBP200 million to GBP300 million in London listing next year
British discount chain Poundland is preparing for a London listing that could give it a valuation of up to GBP800 million. US-based private equity firm Warburg Pincus, which controls Poundland, is loo
WSJ report says private equity to make a comeback in Spain, Italy
The Wall Street Journal said private equity firms may soon be returning to Spain and Italy. The report cited data from Preqin and the information presented given by several sources.
Japan's Fast Retailing eyes secondary offering in Hong Kong
Japan's Fast Retailing Co. is planning a secondary public offering in the Hong Kong Stock Exchange next year. If successful, the Tokyo-listed retail holding company would become the third Japanese com
Seedrs claims to be the first British equity crowdsourcing platform to operate in Europe
Seedrs, a British crowdsourcing platform which offers equity to investors, instead of perks, claims to be the first of its kind to operate across Europe. It has an instant advantage since cross-border
EU lifts ban on tankers transporting Iranian crude
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and p
Seedrs crowd-raise GBP500,000 for international expansion
UK equity-based crowdfunding platform Seedrs announced that it is crowd-raising GBP500,000 using its own site to reach out to European investors and startups outside of the UK.
