Numericable experienced a significant and record increase in share prices on its first day on the stock exchange.
France
Buyers rush to IPOs of private equity-owned Numericable, Merlin Entertainments
Private equity-owned Numericable and Merlin Entertainments held successful initial public offerings despite holding higher debts.
France government to loan EUR4.5 billion to pay Credit Lyonnais debts by year-end - French official
The government of France had taken plans to pay debts incurred from the collapse of Credit Lyonnais, said a Reuters report.
Alfa Romeo seen halting overhaul due to pending Fiat-Chrysler merger
As the process to close the Fiat-Chrysler merger ongoing, automotive news site Autocar observed that Fiat had stopped its development plans on its Alfa Romeo vehicle series.
Deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
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By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
Belgian medical equipment company Arseus struck a deal to acquire a pharmaceutical software maker in Brazil called Alternate Technologies.
French retailer Carrefour SA said it is in talks to buy a portfolio of malls owned by real estate investment company Klepierre.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
French lender BNP Paribas announced its submission of a non-binding bid to purchase a 98.5% interest in Rabobank's BGZ.
Two French banks, Societe Generale and Credit Agricole, disclosed plans to increase its ownership stakes in asset manager Amundi Group and derivatives broker Newedge Group.
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
In one of highest volumes of corporate debt issuances on record, Sanofi and LVMH issue bonds yielding above prevailing rates.
