Tags: Europe
Europe better outlook as against the US
Europe's equities have earned better in the past week compared to the US stocks. The mood now for investors is upbeat as it searches for a rebound from the previous week's drubbing on Wall Street and the Dow Jones average.
Serge Godin becomes billionaire following CGI-Logica merger
Serge Godin became a billionaire after the merger of CGI Group Inc and Logica Plc. Serge Godin, the founder of CGI Group Inc. , stated the "stars were aligned" when he took advantage of the strong Canadian dollar and falling European economy to purchase Logica Plc for US$2.
Vodafone merges European units into one
Vodafone announced a reorganization of its European regional units in October. British multinational telecommunications company Vodafone Group announced that a reorganization is in the works.
Private equity funds move into Europe
A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.