Investors
Trucking company YRC to get $275M in equity, debt financing
Trucking firm YRC Worldwide, which has roughly $1.4 billion in debt, is nearing a financing deal comprised of $250 million in equity and $25 million in debt committed to become equity.
Shareholders to give Time Warner Cable the will to reject Charter Communications' $62B offer
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of $150 per share.
Perennial-led consortium acquires Singapore's TripleOne Somerset office and retail tower for $766M
A group led by Singapore-based Perennial Real Estate Holdings will buy the TripleOne Somerset office and retail building for $766 million. Perennial will acquire the Singapore tower from Asia Real Estate Income Fund.
Singapore's ARA Asset Management Ltd agrees to acquire Macquarie Group's Korea REIT unit
ARA Asset Management Ltd, an Asian real estate fund management firm, said it had agreed to buy Macquarie Real Estate Korea Ltd, the Korean unit of Macquarie Group Ltd.