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Blackstone, Ivanhoe take 22.98 pct of France’s Gecina

Blackstone, Ivanhoe take 22.98 pct of France’s Gecina

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...
Soccer-U.S. investor KKR buys 10 percent share in Hertha

Soccer-U.S. investor KKR buys 10 percent share in Hertha

Jan 31, 2014 | News, Western Europe

BERLIN, Jan 31 (Reuters) – American buyout group KKR has agreed to take a 10 percent stake in Hertha Berlin in a deal worth about 60 million euros that will boost the capital club’s finances and brand in the Bundesliga, the two sides said on Friday. The...
High-priced M&A still in vogue in slowing luxury industry

High-priced M&A still in vogue in slowing luxury industry

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...
Drive Raises $2.7 Million For Its Uber-Like Service In The Crowded French Market

Drive Raises $2.7 Million For Its Uber-Like Service In The Crowded French Market

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...
TMT Investments invests €100,000 in Estonian farm management solution

TMT Investments invests €100,000 in Estonian farm management solution

Dec 23, 2013 | Central & Eastern Europe, News, Russia, Western Europe

East-West Digital News TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced today the completion of a €100,000 investment in WeatherMe OÜ, a Tallin, Estonia based startup that develops farm management solutions under the VitaFields...
EQT buys stake in Chinese restaurant operator

EQT buys stake in Chinese restaurant operator

Dec 16, 2013 | China, East Asia, News, Western Europe

STOCKHOLM, Dec 16 (Reuters) – Swedish private equity firm EQT said on Monday it had bought a majority in franchise operator China F&B group together with other investors. China F&B, which employs 7,000 people, is the largest franchise operator of...
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