Douglas, a retailer company from Germany boosted its perfumeries business. (Photo : Reuters)The image shows shoppers inside a perfume retail store. Douglas, a German retailing firm, announced that it was selling Eur500 million or US$655 million to its perfumeries and scents business.
Europe
Norway increases stake in Cermaq
Norway purchases more shares in Cermaq. (Photo : Reuters)The image is a fishing boat at the Atlantic Ocean. The state of Norway had spent nearly 1. 56 billion crowns or US$254 million to increase its shareholding in fish farmer Cermaq to 60% overall.
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.
Latest News
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.
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.
