Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.
Investors
Swiss National Bank Chairman Thomas Jordan calls out more requirements for banks
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
India insurance repositories set for inauguration on September 16
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.
GSV Capital bounces back, thanks to Twitter IPO
Thanks largely to Twitter Inc's IPO filing, publicly traded fund GSV Capital would be looking to receive bigger gains.
EU agency to manage weak banks and deep debts to be set up post-German elections
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
Latest News
According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.
A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.
The search for the new head of Microsoft would be a closely-watched development in the technology industry.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government.
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
