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La Française forges strategic partnership with Forum Partners Investment Management
La Française announced that it had entered into a strategic partnership with global real estate investment management firm Forum Partners.
Umpqua nearing Sterling USD 1.8 Billion acquisition deal - sources
Sources who disclosed to Reuters that Umpqua Holdings Corp. (UMPQ) was in advanced stages of closing an acquisition of Sterling Financial Corp for USD1.8 billion.
Icahn gives up, relents to founder,Silver Lake buyout of Dell
In a letter to shareholders on Monday, septuagenarian billionaire Carl Icahn said he would be giving up the fight against Michael Dell and Silver Lake Partners's buyout of Dell Inc.
Port Authority of New York,New Jersey sold WTC rights for cheap in 1986 - report
A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.
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Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
A PriceWaterhouseCoopers and the National Venture Capital Association news report said that venture capital in life sciences companies rose to 26% compared to last year.
Edge Products filed for bankruptcy, a court filing showed. A court filing revealed that Edge Products had filed for bankruptcy under Chapter 11. The company is a manufacturer of aftermarket performance electronics for vehicle industry.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.
The Financial Conduct Authority (FCA) fined Aberdeen Asset Management GBP7.2 million for not Financial Conduct Authority (FCA) said that it would impose a GBP7.
A Wall Street Journal cited sources who told the newspaper that Citigroup Inc. sold over USD6 billion in private equity and hedge fund assets to comply with new regulations on bank's holdings in investments.
According to a Bloomberg report, the potential nomination of a Federal Reserve outsider made investors scramble for advice on whether the news would have an effect in financial markets and monetary policy.
For a Round-A venture capital investment, Vodafone Ventures Egypt would be taking a 22.22% stake in online pharmacy Agzakhana.com.