All the European investment, retail, real estate, office and industry news in English language

Monday | March 1 | 2021

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Cazoo acquires Cluno, a German car subscription service

Cazoo acquired Cluno, Germany’s leading consumer car subscription platform, for an undisclosed sum. Founded in 2017, Cluno offers a flexible and hassle-free alternative to car...

AstraZeneca profit at $ 3.2 billion last year, more than double compared to 2019

AstraZeneca's sales rose 9 percent to $ 26.6 billion, thanks to new drugs and strong demand for anti-virus products such as asthma. This increase offset...

Online fashion retailer Boohoo acquires the Debenhams brand and website

Online fashion retailer Boohoo has acquired the Debenhams brand and website for £ 55 million ($ 75 million), but will not take over the...

Dabo Doner opens the first Romanian fast-food restaurant in London

The Dabo Doner franchise, owned by Dan Paştiu, opened the first Romanian fast-food restaurant in London, right next to Wembley Stadium. The Dabo Romania menu...

UK mortgage approvals up by 50% in last 12 months, highest in over a decade

Data presented by Buy Shares indicates that the UK mortgage approvals have grown by 50.97%. The growth is on a year-over-year basis between October 2019 and October 2020. As...

Ferrero Group, definitive agreement to acquire Eat Natural

The Ferrero Group announced a definitive agreement pursuant to which it will acquire Eat Natural, the maker of high-quality cereal bars, toasted muesli and...

Cambridge Quantum Computing completes $45 million financing

Cambridge Quantum Computing has completed a $45 million financing from investors including Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments and Talipot Holdings. In 2020,...

Brits are spending £64 million more on pets than partners for Christmas

In 2019, it was reported that more than £6.5 billion was spent on pet related products in the UK, and data from OnBuy suggests that...

Shanghai overtaken London and is the world’s most connected city

Shanghai has overtaken London, becoming the world's most connected city in the air transport field, after the coronavirus pandemic (COVID-19) significantly affected international travel. London...

Kingfisher acquired NeedHelp for a total cash consideration of c.€10 million

Kingfisher acquired NeedHelp, one of Europe’s leading home improvement services marketplaces, for a total cash consideration of c.€10 million. As part of the transaction,...

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