Investors
Tesco-Tata-owned Trent Hypermarket joint venture gets green light from Indian regulator
British retailer Tesco's $110 million investment in Tata-owned Trent Hypermarket has received approval from India's Department of Industry Policy and Promotion (DIPP). This will pave the way for Tesco to get a clearance from the country's Foreign Investment Promotion Board (FIPB).
Behringer Harvard REIT forges new $300M co-investment with PGGM Real Estate Fund
Dallas-based Behringer Harvard Multifamily REIT I Inc expanded its co-investment arrangement with PGGM Private Real Estate Fund by agreeing to a new $300 million deal to co-invest in multifamily communities.
Wendy's sells Austin, Sacramento restaurants to HAZA Foods and Desmond Foods
The Wendy's Company said it had sold 30 restaurants in Austin to HAZA Foods and another 19 restaurants to Desmond Foods as part of its System Optimization initiative.
Venture capitalist Tim Draper proposes to break up California into six states
Tim Draper, the billionaire whose venture capital firm has invested in Skype and Baidu, has proposed to divide California into six mini-states, the Financial Times reported.