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).
Industry
Real estate markets experience revival in private equity- report
An Ernst & Young Global Limited report revealed that private equity has finally made a comeback in real estate markets after a five-year hiatus.
China linked ETFs now traded in US bourses
Deutsche Bank AG, Societe Generale SA and Harvest Global Investments now have China linked ETFs available.
Poland's market rife with takeovers
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.
EY releases 2013's 'Global Market Outlook: Trends in Real Estate Private Equity'
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.
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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.
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
