France

Germany's CompuGroup inks deal to purchase France's Imagine group

Gemany-based eHealth solutions provider CompuGroup Medical AG said it has inked an agreement to acquire France-based software maker Imagine Editions and Imagine Assistance for an undisclosed amount.

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CSIQ arm sells Ontario solar power plant to TRP for $57.4M

Canadian Solar Solutions Inc, a unit of Canadian Solar Inc (CSIQ), has concluded the sale of Mississippi Mills solar power plant in Ontario, Canada for over $57.4 million (C$61 million).

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Department store chain House of Fraser eyes IPO by end of year

House of Fraser, a 160-year-old department store chain based in UK, expects a floatation by the end of 2014. The British retailer however remains in exclusive talks with French peer Galeries Lafayette on a possible buyout.

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France's GDF Suez acquires 74% stake in Indian coal-based power project

French power company GDF Suez has purchased a 74% stake in a 1,000 megawatt coal-based power project owned by India's Meenakshi Energy and Infrastructure Holdings for an undisclosed sum.

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Renault, Dongfeng finally ink $1.3 billion joint venture after nine years

French automaker Renault and state-owned Dongfeng Motor Group have finally closed a $1.3 billion partnership agreement after almost a decade. The deal allows Renault to sell locally assembled models in China.

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Liquor giant Remy Cointreau eyes joint venture with India's Nashik Vintners

French alcoholic beverages company Remy Cointreau looks to form a partnership with India's largest winemaker Nashik Vintners Pvt. Ltd. Remy and Nashik Vintners are expected to launch an India-specific brand through the joint venture.

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Wall Street will be moving hundreds of millions into Bitcoin - SecondMarket chief

SecondMarket founder and chief executive Barry Silbert claimed in an article on Entrepreneur that Wall Street will soon invest their money in hundreds of millions into Bitcoin.

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Israel's Arad nears deal to acquire majority stake in Mexican water firm

Israeli water meter developer Arad Group is in advanced talks to buy a 50% stake in a Mexican water-measuring company, a Bloomberg report said. The deal is reportedly worth $10 million and is expected to be closed early next year.

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EchoStar ends talks with GVT on Brazilian TV joint venture

US-based EchoStar Corp. said it had ended talks with Vivendi SA's subsidiary Global Village Telecom on a proposed partnership in Brazil. The joint venture aims to provide pay TV services in the Latin American country.

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Ernst & Young director approves Bitcoin, says has potential to be a game-changer

EY director Colin Pickard said Bitcoin has the potential to be a game changer in the financial services industry as long as governments start regulating the digital currency.

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Peugeot enters final talks on €3.5 billion share sale

French automobile manufacturer PSA Peugeot Citroen is nearing a €3.5 billion share sale deal with Chinese carmaker Dongfeng Motor Co. and the government of France. Under the terms of the deal, Dongfeng and the French state will each hold a 20% stake in Peugeot.

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Chanel acquires tannery in France

Luxury fashion house Chanel has acquired the Bodin-Joyeux tannery based in Levrous, France, in a bid to maintain the world-class quality of the fashion company's leathers.

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Total acquires stake in InterOil's Papua New Guinea LNG assets for USD3.6 billion

Total, Europe's third-biggest oil company, will purchase a 61.3% stake in InterOil Corp.'s liquified natural gas project in Papua New Guinea. The acquisition deal is worth USD3.6 billion.

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France's Materis in exclusive talks on EUR610 million Kerneos sale

French building materials business Materis is reportedly in an advanced stage of negotiations to sell its business unit Kerneos. Investment firm Astorg Partners will acquire Kerneos for EUR610 million.

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China gives green light to USD1.3 billion Dongfeng-Renault joint venture

The Chinese government on Thursday cleared the USD1.3 billion car-making joint venture between Dongfeng Motor Group and France's Renault. Under the deal, the two companies will manufacture 150,000 multi-purpose vehicles annually.

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