Members of the board of Club Med have agreed to sell their stake on the company. (Photo : Reuters)The image is just another idyllic day at Club Med. The board of directors of Club Mediterranee accepted an offer from two shareholders to take over the company.
Europe
GSW Workers Join Clamor for CEO Removal
German real estate firm GSW Immobilien goes on a further tailspin after GSW Workers' Council follows call for resignations.
Telefonica Cries Foul in Czech Spectrum Auction
Telefonica is threatening to file a complaint against the Czech Republic for unfair business practice.
peerTransfer gains $6.4 million in funding
peerTransfer raised $6.4 million in a round led by QED Investors. (Photo : Reuters)A students sits on the steps of a university hall. QED Investors led the round of financing for PeerTransfer, a payment solutions provider focused on the education sector.
Medivir sells Cross Pharma to Unimedic
Unimedic acquired Cross Pharma from Medivir. (Photo : Reuters)The image is a pharmacist filling out a prescription. Unimedic AB successfully closed the deal with Medivir AB to acquire Cross Pharma AB.
Latest News
The Intercontinental Exchange (ICE) was given unconditional approval to acquire NYSE Euronext for US$8.2 billion.
Sonendo announced the completion of equity financing totalling US$27 million. (Photo : Reuters)This is one of the root canal procedures that Sonendo has revolutionized with modernized technology.
COO Duncan O'Rourke leads his company in his new business enterprise in Europe's best hotels.
GE has accepted the offer for TIP Trailer Services business from the China based HNA Group. (Photo : Reuters)The image is the GE logo atop its corporate headquarters.
Adapt acquired cloud solutions provider Sleek. (Photo : Reuters)This is a representation of cloud technology. Information and technology company Adapt announced on Monday that it has acquired Sleek.
Alpine Bau, the insolvent arm of Spain's construction group FCC, could break up with the failure of last-ditch talks to save the company.
Vodafone Group Plc had finalized a preliminary agreement to purchase Germany's largest company Kabel Deutschland Holding AG.
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.
