Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Europe
China solar firms to move out due to escape EU duties
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.
Ferd Capital acquires Servi from PMC Group
PMC Group sold Servi to Norweigian Ferd Capital. (Photo : Reuters)The image is Norway's flag. Servi, a company that deals business within the Norwegian offshore area, have clients comprising of leading manufacturers, fleet owners, and other production businesses.
Endo-tech firm Sonendo raises $18 million
Sonendo gained $18 million in its latest round of fundraising. (Photo : Reuters)This is an image of a commonly used procedure in medical diagnostics, electrodes on skin to measure movement and activity.
ENRC Founders Make US$4.7 Billion Offer
ENRC founders and the Kazakh government offered a mix of cash and share to acquire ENRC valued at GBP3.04 billion and shares at Kazakhmys Plc.
Latest News
Vodafone agreed to acquire Kabel Deutschland priced at Eur7.7 billion and would be the biggest deal since 2007.
Two sources told Reuters on Sunday that Vodafone proposed a new bid for Kabel Deutschland early on Monday.
Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.
Luxoft, the software development firm of the IBS Group, is preparing for an IPO in the New York Stock Exchange.
Barclays is under investigation by German tax authorities for possible tax evasion according to German newspaper.
CVC Capital Partners and Apax Partners LLP show promising results as one of the top buyout firms in Europe.
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
On Thursday, the Swiss National Bank announced that Credit Suisse and UBS must cut their debt levels that still top international rivals.
