Global stock markets rose on Tuesday as U.S. stocks were boosted by news of yet another possible merger that suggested there is still room to the upside, while a pick-up in German economic sentiment supported European stocks.
Europe
LVMH buys minority stake in designer Maxime Simoens
LVMH unveiled its first acquisition in fashion in four years on Thursday when it took a minority stake in young French fashion brand Maxime Simoens for an undisclosed sum.
Owners Plan to Sell 90% Stake at French Department Store Printemps to Qatari Investors.
Printemps owners are said to have been aiming to sell their 90% share in Qatar. Businessman Maurizio Borletti of Italy said that owners of Deustche Bank's real estate arm RREEF are selling their 70% share at French department store and tourist hotspot Printemps.
Deals of The Day — Mergers and Acquisitions
Bids, mergers, acquisitions and disposals were reported on Thursday The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:- Ferrovial is to buy British utility services company Enterprise Plc for 385 million pounds ($589 million) from 3i Group, the Spanish infrastructure group's first major purchase after a long debt-cutting drive.
Aperam Announces Joint Venture With Two Steel Firms to Bid for Outokumpu's Italy Plant
Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.
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The FSA has approved the plan of private banking firm Edmond de Rothschild to start a private merchant bank in the UK
Boost & Co. and Management Engineers both signed in an acquisition deal to boost consultancy approach.
Bids, mergers, acquisitions and disposals were reported on Tuesday (Photo : Reuters) A courier van of UPS is seen in front of the head office of TNT in Hoofddorp, the Netherlands March 19, 2012.
Belgian chemicals firm Taminco is considering a U.S. flotation after it abandoned plans to list in Brussels during the euro zone crisis.
Financial services firm Orix has announced that it reached a cash and stock deal to buy asset manager Robeco from owner financial services provider Rabobank for 2.58 billion dollars.
In a move that might lift the spirits of cash-strapped Britons before the next general election, the government is considering giving away its stake in state-controlled Royal Bank of Scotland RBS.L by 2015, newspapers reported on Friday.
Bids, mergers, acquisitions and disposals reported on Friday including Abu Dhabi telecom firm Etisalat's syndicated loan of up to $8 billion to finance a bid for Vivendi's percent stake in Maroc Telecom
Bids, mergers, acquisitions and disposals on Thursday: The following bids, mergers, acquisitions and disposals were reported on Thursday: India has raised $2.
The following bids, mergers, acquisitions and disposals were reported on Wednesday. The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday: Biogen Idec is to take full ownership of blockbuster multiple sclerosis drug Tysabri after agreeing to pay Irish partner Elan $3.
