A report from the Financial Times said China Investment Corporation was nearing a deal to buy Chiswick Park from Blackstone.
Deals
Ayala Land Inc in advanced talks to acquire lot owned by IRC Properties
Ayala Land Inc has pursued its plan to acquire a portion of IRC Properties Inc's lot in Binangonan, Rizal in the Philippines.
Andreessen Horowitz sells a third of its Facebook shares
Andreesen Horowitz, the venture-capital firm Marc Andreesen, sold 2.28 million of its Facebook shares.
Moncler needs to go beyond ski jackets for IPO success- report
Moncler would need to offer more than skiwear if it wants its initial public offering to be a success, according to a Bloomberg report.
BCGP seeks more funding for regional trail network
The Bicycle Coalition of Greater Philadelphia requested for USD3 million funding from the Delaware Valley Regional Planning Commission for its regional trail network project.
Latest News
British Home Stores (BHS) faced rumors about foreign companies trying to convince Sir Philip Green to sell the troubled department store chain.
Deutsche Telekom would be buying GTS Central Europe from private equity firms in a EUR 546 million transaction.
A Reuters report said a change in the US Federal Reserve's bond-buying program might come out from its officials as several of them, including vice chair Janet Yellen, would have speaking engagements next week.
US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.
Consumer web companies had been filling the IPO lull typically experienced during the holiday season, said Reuters.
Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.
The government of France had taken plans to pay debts incurred from the collapse of Credit Lyonnais, said a Reuters report.
Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.
Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
