California real estate investment trust BRE Properties Inc was projected to be the latest acquisition target of companies in a USD22 billion spending spree in apartment REITS, said Bloomberg in its report.
Investors
Comcast taps JPMorgan on potential Time Warner Cable bid -sources
Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.Comcast brought in the bank to help review options as speculation about cable industry consolidation increased in the past several months, one of the people said.
World Class acquires San Antonio shopping center
Austin-based real estate investment firm World Class Capital Group announced today that it has acquired San Antonio shopping center Culebra Crossing for an undisclosed sum.
Traffline bags investment from Matrix Partners India
Mumbai-based startup Birds Eye Systems raised an undisclosed sum in a Series A round from Matrix Partners India for the expansion of its traffic monitoring brand Traffline.
Apax targets $300M for Israel's first buyout fund
Israel-based global buyout firm Apax Partners is planning to raise USD300 million for the country's first private equity fund dedicated to mid-market buyouts, sources familiar with the matter said.
Latest News
South Africa-based asset manager Oasis Group Holdings has sold off its 2.2% stake in pharmaceutical firm Adcock Ingram to an undisclosed buyer, according to a spokesman.
State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
President and Chief Executive Officer Nobuhiro Torii told Bloomberg in an interview in Tokyo yesterday that Suntory Beverage & Food will not be actively pursuing acquisitions in the next 12 months following its debut on the Tokyo Stock Exchange this year.
California-based venture capital firm Benchmark has closed its eighth fund with a total of USD425 million, according to a US Securities and Exchange Commission (SEC) filing.
Critics of the new rules requiring short-sellers to report their positions said the European Union's requirements had not made the hedge fund industry more competitive.
Livingstone has sold Illinois-based shopping center security solutions provider IPC International Corp to Universal Protection Service LLC for USD24 million in cash following a bankruptcy auction.
A column written by money manager and former professional market strategist Barry Ritholtz challenges the definition of bubble and the misconceptions of its use in specific stocks that had experienced sharp surges in the financial markets.
Frances's 3D model sharing service Sketchfab raised USD2 million in funding from Partech, Balderton, and angel investor David Cohen to develop its 3D object browser.
A December 4 interview conducted by Bloomberg with Industry Ministry Monica Maeland revealed Norway's plans to divest some of its holdings in several companies including Statoil ASA.
