The European commission seek to prove that the Belgian aid to Wallonia airports was illegal. The European Commission (EU) called for an investigation into the Belgian aid for several airports in the Wallonia region.
Deals
Coca Cola launches new healthy drink in Thailand
Coca Cola introduces Huba, its new herbal tea drink, in its Thailand market. Coca Cola initially launched in Thailand its new herbal tea drink, Habu.
Bank of America keeps name dissolves Merrill Lynch unit
Bank of America will dissolve Merrill Lynch & Co. but will continue to keep name. Four years after it was acquired by Bank of America Corp. , Merrill Lynch & Co.
Goldman takes the lead in Huarong Stake talks
Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
ParknShop receives bids from Woolworth, KKR
ParknShop, the biggest supermarket chain in China received bids from companies such as Woolworths, KKR and other investors.
Latest News
Watami Japanese chain of restaurants reveals plan to construct solar stations for Hokkaido. Watami Co (Watami) has announced that it will be building a solar station with Community Wind Power in Hokkaido, a northern island in Japan.
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
Markel Ventures Inc bought Eagle Construction for an undisclosed amount. Virginia-based Markel Ventures bought Eagle Construction, a home builder also based in Virginia.
UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.
Swedish family-controlled investment company Nordstjernan agreed to sell its subsidiary KMT Group to American Industrial Partners for USD 147.5 million.
L'Oreal puts in an offer to buy Magic Holdings Ltd for US$840 million. L'Oreal recently made an US$840 million-dollar offer to purchase Magic Holdings International Ltd.
Aurora Capital Group agreed to acquire National Technical Systems for a premium USD 23 per share. Los Angeles-based private investment company Aurora Capital Group agreed to acquire National Technical Systems (NTS) for USD 23 per share.
Latin American restaurant reservation platform scored USD 13.3 million in Series B funding round. Restorando raised USD 13. 3 million for its Series B round.
