Germany

Munich Re to do share buyback

Due to net income decline, the world's biggest reinsurer Munich Re would do a share buyback program to be completed by April 30, 2014.


Siemens to buy back EUR4 billion of own shares

Siemens AG said that it had set aside EUR4 billion or USD5.4 billion for its stock buyback program. In its statement, Europe's largest engineering company Siemens AG revealed plans to launch a EUR4 billion or USD5.

Top deals of the day - M&As

The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).

SolarWorld looks to buy Bosch's solar plant

Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.


Latest News

The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
Germany's Henkel had made plans to increase sales in MENA for the next few years. Henkel, the German cleaning products manufacturer known for brands such as Persil and Schwarzkopf, has laid out plans to boost sales by 40% in emerging markets such as the Middle East.
Some say the Euro is overvalued while others claim it is not. The founders of the Euro had dreamt of a superpower currency that can go head to head with the US dollar, to free Europe from US economic dependence.
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
OGX would be parting its 67% stake in OGX Maranhão Petróleo e Gas SA in a multistep deal for BRL344 million or USD156 million.
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