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TPG Capital looking to buy Cushman & Wakefield for $2 billion: Bloomberg
TPG Capital TPG.UL is in advanced discussions to buy commercial property brokerage Cushman & Wakefield Inc from Exor SpA (EXOR.MI) for about $2 billion, and an agreement could be announced as soon as next week, Bloomberg reported on Saturday, citing people familiar with the matter.
Alibaba sweeps up shares of retailer Zulily, now holds 9.2 percent stake
Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) has reached a 9.2 percent stake in U.S. on-line retailer Zulily Inc (ZU.O), after sweeping up shares at rock-bottom prices last week.
ISS recommends BMW shareholders vote against Reithofer appointment: FAS
Advisory firm ISS has recommended that BMW (BMWG.DE) shareholders should vote against the appointment of outgoing chief executive Norbert Reithofer as chairman of the carmaker's supervisory board, newspaper Frankfurter Allgemeine Sonntagszeitung reported.
Troubled air bag maker Takata says to return to profit in 2015/16
Japan's Takata Corp (7312.T) said it expects to return to profit this financial year on higher Asian and U.S. sales, but the troubled company made few provisions for possible costs related to a massive global recall of its exploding air bags.