CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.
Corporations
Mexico's Banorte sells US$2.5 billion worth of shares
Grupo Financiero Banorte sold shares worth US$2.5 billion. One of Mexico's biggest banks, Grupo Financiero Banorte SAB, sold around US$2. 5 billion worth of shares in the country's largest equity sale of the year yesterday.
Zacks: Health insurance is “thriving under stress”
According to Zacks, the health insurance industry is “thriving under stress”. The health insurance industry was "thriving under stress," according to Zacks.
Apollo to exit Realogy
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.
Cuba Beverage Company signs distribution agreement with White Rose
The Cuba Beverage Company signs distribution agreement with New York and New Jersey's largest independent wholesale distributor, White Rose.
Latest News
Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.
The German government is contemplating on selling its stake in the loss-making bank after the conduct of the national elections on September.
Dell Inc, third-largest personal-computer maker, may postpone shareholder’s vote regarding the buyout by its founder.
Big money arrived at the NASCAR race as company sponsorships abound. NASCAR season begins, and with fast cars came the equally quick multi-million dollar sponsorship deals.
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
Capital One Financial Corp. was negotiating with UBS regarding 250,000 square feet of offices on Park Avenue, Manhattan.
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
A new report from the GreySpark Partners showcase the greater flexibility and efficiency of multi dealer platforms compared to other structures.
Aviva Plc was in talks with negotiators regarding its US$1.8 billion deal with Leon Black's Apollo Global Management LLC.
