In a statement, Franklin Equity supports RHJ International in its bid to acquire BHF- Bank. (Photo : Reuters)The image is the corporate offices of RHJ International SA.
Europe
Fairfax to Increase Stake in Eurobank Properties
On Wednesday, Fairfax Financial Holdings said it would increase its stake in Eurobank Properties by 42% from the previous 19%.
Alcatel-Lucent Cuts Assets to Focus on Broadband
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Invests US$1.6 Billion in Yacht Maker and London Property
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Vodafone Increases Kabel Deutschland Offer after Rival Bid
Vodafone increased its Kabel Deutschland offer matching it with Liberty Global's Eur7.5 billion bid.
Latest News
Solarworld set to receive Qatar investment amounting to Eur35 million to become a shareholder. SolarWorld, in an announcement, said that it is seeking the backing of a number of bondholders for assistance in a debt restructuring program to allow Qatar to become a new shareholder in the company.
Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.
DFJ Esprit promoted its old employee, Scott Sage, to partner. DFJ Esprit recently announced the promotion of Scott Sage to partner. Sage has previously worked on the company as a venture capitalist and partner to many portfolio company decision-makers.
Airbus confirmed that US$11 billion deal with easyJet pushed through blowing away its US rival, Boeing.
CSM NV sold its bakery business to Rhone Capital while returning funds to its shareholders. CSM NV, a firm from the Netherlands, is giving back Eur250 million or $334 million, to its shareholders.
KAGI AG of Switzerland is acquired by Paragon Partners of Germany. (Photo : REUTERS)A man carries a tray of food to pass to the customers in a restaurant.
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.
