Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.
Sectors
Capstone Infrastructure and Renewable Energy Agree to Exchange Shares
Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
Deutsche Bank Needs More Capital under Basel Proposal
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
Update: Sprott and CITICPE Joint Venture a No Go
Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.
Gazprombank rather wait, postpones negotiations on Swiss Franc Tier 2 Bond Deal
Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.
Latest News
ECI has sold its portfolio company Clinisys to Montagu Private Equity. (Photo : Reuters)The image is the corporate logo of Montagu Private Equity. ECI Partners had sold off its healthcare IT portfolio company CliniSys to Montagu Private Equity.
Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.
Mairs & Power Prepares for Bill Frels'Retirement (Photo : Reuters)This is the logo of Morningstar, who gave Mairs & Power Growth and Balanced funds a Silver Analyst Ratings under Bill Frels' leadership.
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
The FCA orders trading bans on three Portuguese firms due to market volatility. (Photo : Reuters)The image is a worker sprucing up the UK regulator Financial Conduct Authority.
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Japanese bank ORIX acquired 90% stake in Robeco. (Photo : Reuters)The image shows the logo of Robeco Groep, an asset management firm where ORIX Corporation recently bought 90% stake in.
MCH Group welcomed its new board members. (Photo : Reuters)The image shows the logo of Expomobilia AG, whose upcominng BOD delegate, Jean-Marc Devaud, is a current member of the Executive Board.
Montagu Private Equity bought CliniSys from ECI for 2.5 times the initial investment. (Photo : Reuters)This is the logo of CliniSys, a healthcare IT company that was recently acquired by Montagu Private Equity.
