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.