Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – U.S. investment firm Blackstone and Canadian property manager Ivanhoe Cambridge said on Friday they held 22.98 percent of French real-estate investment firm Gecina following a ruling by a Luxembourg court. The ruling, concerning loans...
Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth. Luxury...
Jan 10, 2014 | France, News, Western Europe
French startup Drive just raised $2.7 million (€2 million) in Series A funding from undisclosed business angels and institutional investors. The service is reminiscent of Chauffeur-privé or LeCab — it’s an Uber-like service that owns its cars and operates with fixed...
Dec 9, 2013 | France, News, Western Europe
PARIS, Dec 6 (Reuters) – Dec 6 (Reuters) – Italian luxury shoemaker Alberto Moretti, known for his velvet slip-ons and stilettos made with 24-carat gold, has secured backing from a newly-formed private equity firm in the latest deal involving a promising...
Nov 24, 2013 | Central & Eastern Europe, France, News, Russia, Western Europe
East-West Digital News The need to restructure the Russian economy has led to a variety of public policy initiatives. Whatever the official vocabulary, “innovation” is a key aspect of these policies. Therefore, a comparison with a country such as France that has...
Nov 22, 2013 | France, News, Western Europe
Les Echos Business In the market for private aviation, the young company Wijet plans to make business aviation as accessible as a taxi. Wijet has now raised €1.5 million from investors. Four years after its launch, the taxi-jet airline Wijet continues to score points...
