BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.
Corporations
Lloyds sells German life insurer for EUR 300 million to Cinven and Hannover RE
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Brookfield Asset Management scored USD 1 billion for fifth fund
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
KPN shareholders to vote on E-Plus sale October 2
KPN said it had invited its shareholders to a meeting on October 2 to vote on the proposed sale of its German unit E-Plus to Telefonica.
Bradley A. Gordon is new African Barrick Gold CEO
African Barrick Gold named industry veteran Bradley A. Gordon as its new Chief Executive Officer. African Barrick Gold appointed Bradley A. Gordon as its new Chief Executive Officer.
Latest News
Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.
CommonFloor to use luxury vehicles for taxi services. Real estate company, CommonFloor, had announced that it will hire air-conditioned vehicles for their wealthy costumers who are looking into buying at least one of their five million properties.
Cairn Energy Plc to start drilling campaign on September. Cairn Energy Plc (CNE) targeted a drilling campaign in Morocco, Senegal and Ireland on September.
UK regulator warns Cineworld might have to let go of three complexes. Cineworld might just have to let go of their recently acquired complexes at Aberdeen, Bury St Edmunds and Cambridge as the Competition Commission released their provisional findings last Tuesday.
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Champion Medical Technologies won a "multi-million dollar investment" from Jump Capital, a private equity firm based in Chicago.
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
SmartyPants partnered with crowdfunding platform CircleUp to score USD 2.59 million in financing from new and current investors.
