Loans to the euro zone private sector declined further. (Photo : REUTERS)Structure showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt European region's private sector loans declined further last month as investors gain less interest for spending.
Deals
Bankia sells Inversis stake to Banco de Madrid
Banco de Madrid gained Bankia's stake at Inversis. (Photo : REUTERS)Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash.
Outflows continue as Fed fears remain
Outflows continue in record breaking fashion, as a total of $23 billion, the biggest since 1992, was reported.
Russian mogul bids to rule Swiss steelmaker
Viktor Vekselberg continues expanding by initiating a bid to buy Schmolz+Bickenbach. (Photo : Reuters)Russian tycoon Viktor Vekselberg gives a speech in an assembly.
Syndicated loan volume flat in three regions
Europe, Middle East, and Africa all experienced a generally flat syndicated lending volume. (Photo : Reuters)The European Central Bank is expected to print money to prevent a further escalation of the euro zone's debt crisis.
Latest News
Sun Capital Partners and Bain Capital sell off their American Standard ownership. (Photo : Reuters)The image is the American Standard brand. Sun Capital Partners Inc had invested in the struggling toilet maker operating under the American Standard brand.
Fraser & Neave Ltd considers the separation of its property business from its other businesses. (Photo : Reuters)The image is the corporate logo of Fraser and Neave Ltd.
Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Today, Blue Wolf Capital Partners LLC announced acquisition of Suwannee Lumber Co through its affiliate Blue Wolf Capital Fund III LP.
Amgen announced an offered acquisition for biotech Onyx Pharmaceuticals at US$120 per share piece.
Many private equity firms were vying for MoneyGram which has a market value of US$1.3 billion. (Photo : )The official logo of MoneyGram, the second-largest money transfer services.
Copano Energy announced today that the company has reached settlement for the claims that have risen from the acquisition of KMP last May 1.
Time Warner Cable stated that it would rather go into acquisitions than be bought by billionaire John Malone.
