The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
Investors
CapMan exits from Curato
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Blackberry shakes off Heins, raises USD1 billion via convertible notes after Fairfax deal falls
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Nokia Oyj forges patent agreement with Samsung Electronics Co.
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems raises USD22 million in funding round
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
Latest News
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.
With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
Viva Industrials Trust had not done well in its share sale, according to Businessweek. A report by Businessweek said Singapore business and real estate trust (REIT) had opened poorly in the Singaporean stock exchange.
The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
