The latest takeover bid was submitted by BNP Paribas SA for BGZ Bank in the Polish market that had seen mega million takeover deals in its banking industry.
Industry
National Bank of Abu Dhabi said to be world's safest bank
According to Global Finance, the National Bank of Abu Dhabi is acclaimed as the world's safest bank.
Category 5 typhoon cuts path of death and destruction in the Philippines
Typhoon Yolanda (International Name: Haiyan) devastated several provinces over the weekend as it cut across the Philippines packing gust winds of 275 kph.
Hot tech start-up Box picks banks for '14 IPO - sources
Data storage company Box, one of Silicon Valley's highly anticipated IPO candidates, has selected Morgan Stanley, Credit Suisse and JPMorgan Chase & Co to lead a proposed initial public offering, according to three people familiar with the matter.
Private equity industry is key player in IPOs this year- report
The private equity industry played a vital role in the initial public offerings that happened in the US so far for this year, according to an International Business Times report.
Latest News
Ernst and Young publishes its annual report on the real estate private equity sector. According to the publication Global Market Outlook: Trends in Real Estate Private Equity, the emergence from recession and its consequent effects signals the real estate private equity sector position for growth in 2014.
Renowned names in the wine industry join forces to create sales and marketing firm BCM Wineworks for the known brands of Bacchus Capital.
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
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).
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
Confie Seguros acquired DeFranco Insurance Agency and Insurance Group of America. One of the fastest growing national providers of personal lines insurance, Confie Seguros, announced today its acquisition of two insurance brokerages, namely DeFranco Insurance Agency Inc of Niagara Falls, NY and Insurance Group of American Inc dba City Insurance of Palm Springs FL.
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
