Cerberus Capital is now preparing to undertake an IPO of its German property assets. Private equity firm Cerberus Capital Management LP, led by Stephen Feinberg is now going full steam ahead with an initial public offering of its German retail property assets.

Randstad and USG People reached a deal in which the former will buy some of the latter's European operations for 20 million euros.

International Airlines Group said it will be buying 18 787 Dreamliners from Boeing, which faced over lithium-ion battery overheating concerns.

Clear Channel Outdoor shareholders agreed to a settlement for an improper loan causing significant loss to the parent company.

DAMAC Properties would be listing publicly in the Dubai bourse amidst high interest for IPOs in the region.

The German construction firm Hochtief is pushing to become leaner in its process to divest assets for the long term.

Astorg Partners leads the consortium that will purchase Canberra from Areva. Areva. the top nuclear reactor builder of France announced that it would be selling its nuclear radiation measurement subsidiary to a private equity group.

Cammeby's International Group would be purchasing the Monterey for the sum of US$250 million. One of the largest apartment towers in Manhattan would be purchased by Rubin Schron, Related Cos is selling one of its assets to the part owner of the Woolworth Building.

The Bronx Parking Development Corp skipped payment of interest to its bondholders and is now contemplating bankruptcy protection.

The Gradin family is investing in Brazil's cargo market through MTO Logistica Multimodal SA. MTO Logistica Multimodal SA is putting up 330 million reais or US$163 million into a logistics platform to transport cargo between Brazil's largest cities.