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Telefonica SA

Telefonica prevails in battle for Vivendi's Brazil unit GVT

French media company Vivendi (VIV.PA) picked Telefonica (TEF.MC) for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia (TLIT.MI).

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Drivy.com

French car rental startup Drivy secures $8.3M in funding for European expansion

Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.

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Dollar Photo Club

DollarPhotoClub plants offices in Italy, Poland, and more

DollarPhotoClub announced yesterday their plans to move into 13 new markets like Italy and Poland with over 11,000 subscribers.

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AppsBuilder

Italian app development platform AppsBuilder bags $1.5M in funding

Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.

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Kanye West

American rapper Kanye West buys 10 Burger King outlets for Kim Kardashian

American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.

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Dedalus Group

Hutton Collins inks deal to invest €50M healthcare IT systems firm Dedalus Group

Hutton Collins, a provider of preferred capital, will be investing €50 million in the form of a subordinated loan and minority equity interest in Dedalus Group, a healthcare IT systems company based in Italy.

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Actavis

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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Banca Popolare di Milano (Pop Milano)

Bonomi offloads entire stake in Italian bank Pop Milano -source

Private equity investor Andrea Bonomi, the biggest investor in Milan, Italy-based banking firm Banca Popolare di Milano (Pop Milano), has offloaded his entire 8.6% stake in the bank, according to a source familiar with the matter.

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Evaneos

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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BlackRock Inc.

Italy's securities regulator begins civil proceeding against BlackRock' money manager

New York-based BlackRock Inc said civil proceedings were started by Italy's securities regulator against Nigel Bolton, one of its money managers, over the trade of Saipem's shares last year, Bloomberg reported.

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Canadian Solar Inc

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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Banca Popolare di Vicenza

Italy's Banca Popolare di Vicenza to grow through acquisitions- paper

Popolare Vicenza Chairman Gianni Zonin told an Italian daily that Banca Popolare di Vicenza intends to grow its branches to a thousand from its current 690 through acquisitions.

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Amtek Group

India's Amtek Auto agrees to purchase Germany's Kuepper group for €200M

India-based integrated components manufacturer Amtek Auto agreed to acquire significant business interests in Germany-based integrated machine manufacturer Kuepper group in a deal reportedly valued at €200 million.

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Aireon LLC

Irish Aviation Authority pours in €20M in US air traffic surveillance firm

The Irish Aviation Authority has spent €20 million to buy a 6% stake in Virginia, US-based air traffic surveillance firm Aireon LLC, as part of an agreement with Italy and Denmark to invest in the new service.

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AdEspresso

Italian startup AdEspresso secures $500K seed funding to optimize Facebook ads for SMBs

Italian spin-off AdEspresso raised $500,000 in seed funding from institutional and angel investors, for its Facebook ad optimization service for small and medium businesses (SMBs).

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