Corporations

Time Warner Nearing Sale of Its Headquarters

Time Warner discussed plans to sell its current headquarters in Manhattan to real estate developer, Related Cos for more than US$1.3 billion.


Tribune Buys 19 TV Station from Local TV Holdings

Monday last, Tribune Co announced acquisition of 19 TV stations from Local TV Holdings LLC for US$2.73 billion in cash.

CORRECTION: Vistria Group Launched with US$500 Million Fund

The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.

Private Equity Insurance Deals Stalled by Probe

Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.


Latest News

Delivery Hero raised $30 million from series D financing. Berlin-based Delivery Hero announced receipt of $30 million worth of Series D financing. The Series D financing was led by Phenomen Ventures and included its other existing investors.
Altair Semiconductors raised $25 million from its recent fundraising activity. Israel's Altair Semiconductor, provider of LTE chipsets, closed $25 million in funding.
American Realty Capital New York Recovery REIT buys property worth US$220.3 million from SL Green Realty Corp.
Z Capital Partners acquired sole ownership of Famous Brands when it bought the minority shares from The Carlyle Group.
Rainbow Chicken increases its shareholdings in Foodcorp to 88.1% through an additional purchase of 23.9% share.
Aqua America spends a little over US$12 million for seven different acquisitions for its portfolio.
Steinway Musical Instruments is sold for $438 million to an affiliate of Kohlberg & Company. (Photo : Reuters)Steinway Musical Instruments is sold to Kohlberg & Company for $438 million.
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
Alstom issued bonds while credit risk was at a reduced level. (Photo : Reuters)This is the logo of Alstom. Alstom SA sold bonds for the first time since October last year, with the cost of insuring debt against losses at the lowest level in two weeks.
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
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