CMC media group attracts $1.5B from Tencent, Alibaba

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Tuesday, China's media group CMC stated it had raised about $1.49B in its fund-raising round from the tech companies, such as Tencent Holdings and Alibaba Group Holding.
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Tue, 03 Jul 2018 07:00:22 GMT

SocGen to acquire Commerzbank's commodities arms, equity markets

France's Societe Generale is planning to acquire Commerzbank's equity markets and commodities arm (EMC), bolstering its presence in the area of derivatives.

Tue, 03 Jul 2018 06:35:54 GMT

Renault makes mandatory offer to buy out rest of Avtovaz shares

Renault's Russian unit has made a mandatory proposal to buy out the rest of shares in the state-owned carmaker Avtovaz, the French company stated on Monday.

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