Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
Europe
Fitch Warns Vodafone of Kabel Acquisition Repercussions
Fitch ratings warns Vodafone of the effect should the British firm purchase Kabel Deutschland. (Photo : Reuters)The image is the frontage of the corporate headquarters of Fitch Ratings.
UI software developer launches new product, raised over $1 million in investments
WorldDesk received $1.25 million from investors including North Irish investment firm Lough Shore Investments in line with the laun
Severn Trent fumbles as Borealis exits proposal
Severn Trend slipped after Borealis abolishes previous proposal. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. Severn Trent Plc (SVT) suffered in London trading after being left behind in a previous agreement to pursue Borealis Infrastructure Management Inc.
France and Germany leads Eurozone rebound
Euro-area rose amidst negative forcest led by France. (Photo : Reuters)This is a photo of the French and EU flag. The industrial output in the Eurozone has risen despite earlier predictions, mainly due to France's unexpected rebound, giving investors a glimpse of hope to a lomg-awaited revival of the currency bloc's economy from recession.
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Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.
1.2 billion euros worth of bonds will be issued with the attempt to boost the company’s finance arm
Yen hit 96.47 gained 2% against the US dollar. (Photo : REUTERS) Investors were prompted to unwind some of their best bets against the yen, as a response to BoJ 's complacent reaction to the turbulent markets.
Outside Japan, BoJ perceived lack of action affects even Euro Stocks. (Photo : Reuters)The image is a stack of Japanese yen. FTSEurofirst 300 index closed sharply lower and down by 1.
The Bank of Japan's decision to remain unchanged in its monetary policies resulted in the falling of European government bonds and the increase of borrowing costs for all European sovereigns.
UK government bonds fell which raised 10 year yields to three year high level. (Photo : )People walking Government bonds from the United Kingdom continue to fall, pushing 10-year yields to its highest point in three years.
Prada is opening at least 80 more stores after having an increase in profit driven by strong sales of its items in Asia.
