Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.
Institutional investors
Illinois Tools sees USD6 billion buyback
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Tourre’s defense leads to trial loss
Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.
Crossroads C&I completes GlassCell Isofab acquisition
Crossroads C&I closed its buy of GlassCell Isofab, a Canadian thermal and acoustical insulation products distributor and fabricator.
Pret A Manger gets funding from debt recapitalization
Pret A Manger, with the help of private equity firm Bridgepoint, acquires GBP375 million from debt recapitalization.
Latest News
According to Indonesia's Bureau for Statistics, global demand for the country's assets remained unattractive to foreign investors.
India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Toronto-based Transition Therapeutics announced its USD 21.7 million private placement with investors.
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.
RSA's shares gained ground today after losing due to bad weather conditions in Canada. Shares of RSA Insurance Group gained momentum today after stumbling from its 33% dividend slash early this year.
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
Reports said that investments in the Philippines increased by almost 40% after six months. Asia's 'rising economic tiger' posted another increase in local and foreign investments as four major placement agencies approved businesses today.
