Top deals of the Day - Bids, Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including Telefonica Deutschland, Devon Energy, Metro AG, Devon Energy Corp and others
Europe
Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners...
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 ..
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...
EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity
The European Union's antitrust regulators are set to scrutinize Micros...
Latest News
Top Ten Most Expensive Addresses the World
Pollock’s Path, a street address on The Peak, Hong Kong, is the most expensive address in the world. Just one square meter of real estate in the neighborhood will set you back $120,000, according to a
GENERALI SAYS SIGNS AGREEMENT TO SELL FATA DANNI TO CATTOLICA FOR 179 MLN EUROS
Italy's Generali said on Wednesday it had signed an agreement to sell its Fata Assicurazioni Danni unit, which focuses on agricultural risks, for 179 million euros ($241 million).
Telecom Italia aims to sell Italy, Brazil towers next year
Telecom Italia expects to conclude the sale and lease back of its mobile towers in Italy and Brazil next year, its chief executive said on Wednesday, along with a separate sale of some digital broadca
Deutsche Telekom reportedly nearing sale of Scout24
Three unnamed sources told Bloomberg that Deutsche Telekom AG was approaching to close the sale of its digital-classifieds business Scout24 Holding to Hellman & Friedman LLC for EUR2 billion or USD2.7
Barclays mulling on sale of index business - sources
The potential sale of the indices platform of Barclays, which includes the Barclays US Aggregate Bond Index, came at the heels of an approach by MSCI, an equity index provider, to acquire the index bu
UBS tells investors to exit overvalued Royal Mail amid UK government grilling
Prior to meeting with UK's Members of the Parliament regarding claims that Royal Mail's shares in its initial public offering were undervalued, UBS issued a note to investors saying that they need to
Glaxo SmithKline completes Aspen stake sale
London-based pharmaceutical giant Glaxo SmithKline (GSK) completed the sale of its 28.2 million shares in Aspen Pharmacare at ZAR250 per share, raising a total of USD694 million in proceeds.
Russian Rosneft in talks to buy Morgan Stanley's oil trading unit
Russia's state-run oil firm Rosneft is looking to acquire Morgan Stanley's oil trading business for an unspecified amount. Morgan Stanley has been trying to sell or spin off the said business unit ove
No more large acquisitions for Canaccord Genuity Group Inc
Canaccord Genuity Group Inc said it will not be making more large purchases. Instead, the Canada-based non-bank brokerage will grow its UK wealth management unit through small deals.
