Financing for the Blackberry Ltd buyout by Fairfax Financial Holdings Ltd. would be largely dependent on the smartphone maker's debt-free assets, said financial analysts.
Corporations
Apple's distributiorship tactics subject to review
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Urban Compass to provide services to users
Urban Compass would provide locations of possible apartments for rent using online database. Ori Allon, who sold two internet start up companies to Google Inc and Twitter respectively, has laid out plans to announce a USD20 million funding round for a firm that sifts through complex databases, this time for New York city apartment rentals.
Health Management Associates Inc's board evaluates bid from Community Health Systems
Health Management Association is reviewing the takeover bid offered by Community Health Systems. The new board of directors of Health Management Associates Inc had hired financial advisers to review the USD3.
Chatham Lodging Trust to sell off 3.3 million shares in its IPO
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
Latest News
Amazon introduced its latest addition to the Kindle line, the Kindle Fire HDX. Amazon introduced another addition to its Kindle line. The Kindle Fire HDX in 7-inch and 8.
Celebrities welcomed the launch of the Samsung Galaxy Gear smartwatch in the UK. The launch of Samsung's smartwatch was a star-studded event in the UK.
Orthopedic devices seller Stryker Corp announced that it had agreed to acquire Mako Surgical Corp for USD 1.65 billion.
Opus Global Holdings is partnership between GTCR and Douglas Bergeron to deliver Leaders Strategy for firms.
GE Healthcare Life Sciences would be constructing the KUBIo biopharmaceutical factory for JHL Biotech in China.
The New York Post reported that Twitter had been talking to major banks to help set up a credit facility line in the range of USD500 million to USD1 billion prior to its initial public offering that may happen before Thanksgiving.
The Carlyle Group purchases the Metropolitan Real Estate Equity Management LLC. The Carlyle Group, the global alternative asset manager, announced it had agreed to purchase Metropolitan Real Estate Equity Management LLC.
Stanford Asia Holding, a subsidiary of Stanford Marine Group, received a USD 300 million loan facility.
PKP Cargo SA said in a statement today that its major investor, Polish State Railway, would be divesting its stake in the former's freight transportation unit that would reportedly fetch around PLN1.65 billion or USD526 million.
