France

French carpooling site BlaBlaCar adds Podorozhniki to tap into Russian and Ukrainian markets

In its fourth expansion via acquisition, Paris, France-based carpooling site BlaBlaCar added Podorozhniki for an undisclosed sum to tap into the market of Russia and Ukraine.

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Audo invests in Paris bio gasoline startup

Germany-based car maker Audi is investing in Paris, France-based bio gasoline startup Global Bioenergies, which makes cheap gasoline from sugar, as part of an effort to decrease greenhouse gas emissions amid stricter regulations.

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Actavis exits stake in China joint venture to Chiral

Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.

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Chief of UK-based Europa Oil now holds 0.88pct stake after an open offer

Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.

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Spiegel picks up stake in Berlin brain-training startup NeuroNation

Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.

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France divests $614M Airbus stake

The French state divested a 1% stake in Netherlands-based aircraft and defense firm Airbus Group for €451 million ($614 million), according to the French economy minister.

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Microsoft and Samsung to acquire stakes in French startups -report

Tech giants Microsoft and Samsung are in talks to acquire stakes in a France-based online music startup and a video-sharing website, according to a report by French weekly Le Journal du Dimanche.

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French travel startup Evaneos bags $6M for European growth

Paris, France-based travel startup Evaneos raised $6 million from a Series B funding round led by XAnge Private Equity for its expansion to other European countries.

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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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