The following are mergers under review by the European Commission on Monday. The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS - Private equity firm Triton to acquire Finnish grocery chain Suomen Lahikauppa from IK Investment Partners (approved Feb.
Investors
Barclays Seeking Shareholder Approval
Barclays to issue convertible bonds for more capital. Barclays, in a move to address possible concerns, is formulating a plan to seek shareholder approval to sell bonds that are convertible to shares should the bank hit troubled waters.
Apache Partners to Launch New Portfolio by March
Apache partners, a UK-based investment advisory firm, will be setting up a fund with main focus equities and fixed income in key markets.
Greenbriar to Acquire Solar Energy Production Sites
Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.
Daimler's Chief Financial Officer Not Expecting 10% Stake CIC Offer
The auto maker is not expecting China Investment Corp. to buy 10% in the company (Photo : Reuters) Bodo Uebber, chief financial officer of Germany's car manufacturer Daimler, said that they are not expecting sovereign wealth fund China Investment Corp.
Latest News
Copperbelt will pay $164 million to take 60% stake at Abuja Electricity Copperbelt Energy Corp. of Zambia has announced that it would acquire 60% of the stake at Abuja Electricity Distribution Co.
Barilla, world's largest pasta manufacturer, will be selling its German unit to focus on high-margin food products.
Pearson denies plans to sell Financial Times. (Photo : Reuters) Pearson, the British education and media group, through its new CEO reiterated that the Financial Times is not for sale.
Barclays increases stake in Absa. Absa Group's minority shareholders openly supported a plan to purchase the African operations of Barclays Plc. The purchase would amount to US$2.
ICL purchases Thermphos. Israel Chemicals, the fertilizer and specialty chemicals maker has entered into an agreement to acquire Thermphos International BV.
Villar Mir to make an offer for real estate firm Colonial. Spanish business mogul Juan Miguel Villar Mir is reviewing its position as to the debt saddled real estate company Colonial.
Siemens has been aiming to reduce its stake at Nokia Siemens Networks when its 6-year shareholder agreement with Nokia in April
Jim Woolery steps down at JPMorgan to start as chairman for law firm Cadwalader, Wickersham & Taft. (Corrects title of new deputy chairman and Chris Ventresca remaining at JP Morgan in second paragraph) Jim Woolery, co-head of North American mergers and acquisitions business at JP Morgan, is leaving the company to work for law firm Cadwalader, Wickersham & Taft, the investment bank's spokeswoman said.
The chairman of Barnes & Noble, Leonard Riggio, it set to offer bid for the bookstore business of the firm.
