Bids, mergers, acquisitions and disposals were reported on Thursday The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:- Ferrovial is to buy British utility services company Enterprise Plc for 385 million pounds ($589 million) from 3i Group, the Spanish infrastructure group's first major purchase after a long debt-cutting drive.
Regions
World's Richest Man Backs Up Dutch Telecom Firm
Carlos Slim pumps in more money into Dutch firm KPN. The world's richest man, multibillionaire Carlos Slim has increased his stake in KPN with a fresh Eur4 billion infusion into the Dutch telecommunications group.
Printemps in Discussion with Qatari-Italian Consortium
Final sale details for Printemps ongoing for Borletti and Qatari Royal Family. Printemps is now in discussion with Italian business tycoon Maurizio Borletti.
LVMH buys minority stake in designer Maxime Simoens
LVMH unveiled its first acquisition in fashion in four years on Thursday when it took a minority stake in young French fashion brand Maxime Simoens for an undisclosed sum.
Owners Plan to Sell 90% Stake at French Department Store Printemps to Qatari Investors.
Printemps owners are said to have been aiming to sell their 90% share in Qatar. Businessman Maurizio Borletti of Italy said that owners of Deustche Bank's real estate arm RREEF are selling their 70% share at French department store and tourist hotspot Printemps.
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Wells Fargo continues private equity investment activity despite Volcker Rule. Wells Fargo and Co CEO Dick Kovacevich initially had reservations about banks dabbling in private equity investments.
The largest budget carrier in Asia plans to invest $30 million to $60 million into its new airline venture in India.
Sigma Corporation improves software capabilities with Photo Pro 5.5. (Photo : Reuters) Sigma Corporation of America, the manufacturer and developer of the most impressive lenses, cameras and flashes has recently unveiled the Sigma Photo Pro 5.
Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.
A wrongful death is filed against Union Pacific Railroad Company alleging negligence. (Photo : Reuters) Renee Ammari, 21 and Tanya Sayegh, 18 died of critical injuries after a Union Pacific Railroad Company train ran down their stalled vehicle near the Mission Inn Avenue grade crossing in Riverside, CA last October 31, 2007.
Juniper Network employs high security systems for its mobile carrier clientele. (Photo: Reuters) The industry leader in network innovation, Juniper Networks has unveiled a new line of security cards for specific use for its SRX5600 and 5800 Series Services Gateways.
Bombardier agrees to sell for up to 42 new C-series jets to Ilyushin Finance Co in possible $3.42 billion deal
MGM Resorts chair Jim Murren said Crystals luxury mall has potential buyers (Photo : Reuters) MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.
The New York Times is putting up the Boston Globe group for sale for a second time (Photo : Reuters) For the second time, the prestigious Boston Globe has been put up for sale by its current owners, the New York Times Co.
