Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
Consumer Electronics
Beijing Enterprises purchases two project units of Standard Water worth CNY1.35 billion
Beijing Enterprises Water Group Ltd. would purchase Standard Water Ltd.'s two project units for CNY1.35 billion as it expands further in China.
Mattel profit declines as Barbie struggles to remain relevant
The profit of Mattel Inc, the world's biggest toymaker, plunged again as Barbie's appeal fades.
Global plastics M&A fell in first half of 2013
Global plastics M&A activity fell in first half of 2013. According to P&M Corporate Finance, there was nearly a quarter drop in mergers and acquisitions activity in the global plastics sector in the first half of 2013.
Peltz in talks with PepsiCo to purchase Mondelez
PepsiCo Inc and Trian Fund Management's Nelson Peltz agreed on a timeframe to discuss buying Mondelez and make strategic options.
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China's richest man planned to offer an IPO of mall business. China's richest man, Zong Qinghou, planned an initial public offering for his mall business.
France's market authority has approved Club Med's sale to consortium of French and Chinese investors.
AXA Private Equity raised its bid to EUR3.7 billion for French caterer Elior. A group of investors led by France's AXA Private Equity has increased its offer for Elior and is proposing to obtain a minority stake in the food service provider, according French daily Les Échos.
Bargain Booze revealed plans for an IPO for its planned southern-England expansion. The owner of Bargain Booze revealed plans to raise up to GBP65 million in an initial public offering.
Arthur Ventures announced the closure of their new US$45 million venture fund. Arthur Ventures reported the completion of Arthur Ventures Growth Fund II, L.
Apollo Global Management announced that it is exiting its real estate unit, Realogy. Apollo Global Management announced that is exiting Realogy. The private-equity firm revealed an offering to offer its remaining 25 million shares in Realogy, a real-estate company.
The Cuba Beverage Company signs distribution agreement with New York and New Jersey's largest independent wholesale distributor, White Rose.
FishHawk Partners raised US$30 million and is to be invested heavily in manufacturing sector. FishHawk Partners LP, a new Houston-based private equity company, had accumulated up to US$30 million from investors.
Canada's Brookfield Asset Management has placed a price tag for its Parramatta property in Sydney.
