French financial newspaper Les Echos said on its report Wednesday that French construction and concessions company Vinci was considering of selling its parking concession business to generate funds for future acquisitions.
Investors
Founder personally invests USD330 million in Lone Star commercial real estate fund
In a meeting of the Oregon Investment Council yesterday, it was revealed that Lone Star Funds founder and Chairman John Grayken bet USD330 million of his money to the company's new commercial property fund.
Blackrock introduces new iShares Short Maturity Bond ETF
On Thursday, BlackRock Inc would be debuting its a new short-maturity bond ETF on the BATS Global Markets.
Lixil on basic agreement to acquire Grohe for USD4 billion - CEO
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.05 billion from its owners.
Petroecuador unit is looking for partners to increase oil production
State-backed Petroamazonas had proposed to 31 companies who were willing to partner up with the oil company and aid in boosting oil production.
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CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.
Because of the increase in fines and penalties payable for the second half of 2013, JPMorgan Chase's share repurchase plan may be put on hold.
Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.
Prem Watsa, the Canadian Warren Buffett, expressed confidence as to his consortium's bid for the floundering Canadian smartphone maker.
JC Penney is now deep in plans to increase its cash reserves and financial well-being through loans and other means.
In a bid to reduce complexity and increase profits, Barclays is shutting down its wealth management services in 130 countries.
The USD4.7 billion bid by Fairfax for BlackBerry would be backed up by loans, equity investments and its own shares in the smartphone maker.
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Urban Compass would provide locations of possible apartments for rent using online database. Ori Allon, who sold two internet start up companies to Google Inc and Twitter respectively, has laid out plans to announce a USD20 million funding round for a firm that sifts through complex databases, this time for New York city apartment rentals.
