Polands 2014 privatization target would be met through several sale of its stakes in listed firms. Poland had expected to meet privatization targets by 2014 through several sale of its stakes listed in companies.
Investors
ARM purchases Cadence Design Systems
Semiconductor IP supplier ARM announced today that it had signed a definitive agreement to acquire Cadence's PANTA from Cadence Design Systems.
ThyssenKrupp denies report of cancelling Steel Americas sale
Germany's steel maker ThyssenKrupp denied reports of having cancelled the sale of Steel Americas.
Lufthansa to modify pension plan for employees by year's end
Lufthansa had decided to scrap the current pension plan to a plan that is tied to investment returns of the fund.
Regulator approves new Palm Hills share issue
Palm Hills, the Egyptian developer wracked with intrigue and controversy from the Mubarak regime, had obtained approval from regulators as to its new share issue.
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Private equity companies Centerbridge and Anacap had been included in the list of bidders for Spain's smaller nationalized lenders.
After completion of the Vodafone-Verizon USD130 billion deal, Vodafone would return a hefty USD84 billion in cash and shares to its investors.
PT Indofood Sukses Makmur offered SGD488 million in cash for the vegetable processing firm Minzhong Food Corp.
UK task marketplace Sooqini announced USD500000 in seed funding from Lars Toft Larsen and Paolo Rubatto.
Powa Technologies receives funding for expansion after PM Cameron endorsed investor infuses money for the firm.
The USD130 billion payout to Vodafone, even with its sharing of proceeds with shareholders, allows current CEO many options for the company's future.
Suntech Power, the solar energy corporation, announced a plan to convert debt to equity as well as inclusion of a new strategic partner.
Vestiaire Collective had raised USD20 million Series C funding to fuel international growth. Vestiaire Collective received USD20 million Series C funding from Condé Nast, previous investor Balderton and Ventech as well as Indivest.
WPP Plc announced its purchase of a stake in the multi-platform agency Candyspace Media Ltd. WPP Plc, the advertising firm, announced it had acquired a minority stake in Candyspace Media Ltd, a multi-platform agency based in the United Kingdom.
