German bank Deutsche Bank AG is reportedly negotiating the sale of Tilney Investment Management to British private equity firm Permira. Permira has beaten other rival bidders for Tilney, including Brown Shipley & Co.
According to a research study by Dow Jones & Company, Ireland attracted the most venture capital funding per capita in the European region. The data showed that most Irish tech startups have fared well even during the economic recession.
Namibia Power Corp (NamPower) plans to raise NAD5 billion (USD496 million) to fund the expansion of its transmission networks and power generation over the next five years, according to the firm's managing director.
German-based pharmaceutical giant Bayer is preparing an acquisition bid amounting to NOK306 (USD49.9) per share for its Norwegian partner Algeta, according to a German newspaper.
Europe's top carmaker Volkswagen (VW) has revealed its plan to invest EUR84.2 billion in the next five years for technology upgrades and modernization of its plants.
French elderly care company Korian bought rival Medica for EUR1.1 billion. The post-merger group would become the top nursing home operator in France, Germany and Belgium and second in Italy.
German investment firm DEG bought a stake in Kenyan Chase Bank worth USD10 million. Chase said DEG's investment will be used to finance their expansion, including the creation of new outlets.
A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
Germany's Henkel had made plans to increase sales in MENA for the next few years.
Some say the Euro is overvalued while others claim it is not.
Discussions for the formation of a grand coalition government in Germany had already begun.
BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank.
The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG.
According to German software giant SAP, its Business by Design module for small and medium businesses would not be further developed but current users can still utilize its online services.
Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid.
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