Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).
Investors
China Insurer Purchases London’s Lloyds Building worth US$388 Million
A Chinese insurance company agreed to acquire the London’s Lloyds building for US$388 million. A Chinese insurance corporation decided to purchase the Lloyd's of London building worth GBP260 million equivalent to US$388 million.
U.S.-EU free trade negotiations finally start
The European Union and the United States begun their talks about world's largest trade and investment relationship.
Softbank Could Own Sprint this Month
US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
South Korea Issues Bond-Market Aid Package
South Korea issued a bond-market aid package. South Korea announced that it would issue a bond-market aid package to increase liquidity in the market. This package was called primary-collateralized bond obligations, according to an emailed statement from the Financial Services Commission (FSC).
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Teralys Captial announced its plan to invest $50 million through Cycle Capital and EnerTech. Teralys Capital Management had announced a Can$50 million investment in the clean technology sector of Québec.
McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
Macquaire fund agreed to purchase Theolia The Macquaire fund, owned by Australian bank, Macquaire, agreed to purchase Theolia, a French wind power group.
Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.
Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.
