Danske Bank has agreed to sell its international private banking activities in Luxembourg operating as Danske Bank International (DBI) to Switzerland-based Union Bancaire Privée (UBP). The Danish banking group expects the sale to give it a one-off gain of nearly DKK 250 million ($39.89 million). Danske Bank said that the transaction represents its efforts to […]
Noble Corporation, a UK-based offshore drilling contractor, has signed an all-stock deal to acquire Pacific Drilling, a Luxembourg-based ultra-deepwater drilling company. Under the terms of the transaction, shareholders of Pacific Drilling will be issued 16.6 million shares of Noble Corporation, which will enable them to take a stake of nearly 24.9% in the UK drilling […]
Eurofins Scientific, a testing laboratories company based in Luxembourg, has agreed to acquire Beacon Discovery, a drug discovery and contract research organization (CRO), engaged in the research of G-Protein Coupled Receptor (GPCR). The financial terms of the deal were not disclosed. The California-based Beacon Discovery will join Eurofins Discovery, a CRO that has a portfolio […]
RegTech company Compliance Solutions Strategies (CSS) has acquired AMFINE, a provider of SaaS-based regulatory reporting services to European asset managers, asset servicers, and insurers. The financial terms of the deal were not disclosed. Compliance Solutions Strategies provides technology-driven solutions for helping financial services companies to comply with mandatory regulatory compliance requirements. AMFINE, which has offices […]