Asia's richest man, Li Ka-shing made several investments in Europe which are now starting to pay off.
Tags: Europe
European leaders meet in G20 summit
European leaders had found a place to breathe their economic struggles in the G20 summit where the region's debt crisis had been on the top agenda.
August busiest for European buyouts
Private equity firms perform at higher levels in terms of buyout financing compared to the previous year.
Europe better outlook as against the US
Europe's equities have earned better in the past week compared to the US stocks. The mood now for investors is upbeat as it searches for a rebound from the previous week's drubbing on Wall Street and the Dow Jones average.
Serge Godin becomes billionaire following CGI-Logica merger
Serge Godin became a billionaire after the merger of CGI Group Inc and Logica Plc. Serge Godin, the founder of CGI Group Inc. , stated the "stars were aligned" when he took advantage of the strong Canadian dollar and falling European economy to purchase Logica Plc for US$2.
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Cudos Capital revealed that it acquired Navatar Group to help the firm expand its services. Navatar Group, a leading cloud provider for financial companies, announced that Cudos Capital AG has effectively acquired Navatar Private Equity CRM.
Cayman Islands and 25 European countries signed MOUs for continued hedge funds marketing in the EU. The Cayman Islands and 25 European countries signed a memorandum of understanding (MOU).
Infosys planned to make acquisitions in Europe. Infosys planned to make acquisitions in Europe. This was an effort of leveraging offshoring to cut costs, said the Indian IT company.
Bloomberg New Energy Finance reported that investments in the renewable energy sector increased except in the European region.
French Crédit Agricole and its investment bank unit asked employees to cut costs. French bank Crédit Agricole launched a program to cut its costs by sending members of its investment-banking unit a memo to reduce travel, lodging, meal expenditures.
Belarus' National Agency for Investment and Privatization discussed with nine associations the way to attract more foreign direct investments.
Global shares increased as the ECB lowered interest rates. (Photo : Reuters)This is the logo of the European Central Bank. The European Central Bank made it easier for private equity firms and ventures to invest in the region as it lowered its refinancing interest rate.
ThyssenKrupp would sell off its European steel business, according to its CEO. (Photo : Reuters)The image is the signage in front of the ThyssenKrupp corporate headquarters.
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.
