American Realty Capital Properties said it would be buying Cole Real Estate Investments in a cash or stock deal worth USD11.2 billion.
North America
Safeway shares jump on buyout reports
Shares of Safeway Inc increased by almost 9% after buyout reports started to circulate. Shares of supermarket chain Safeway Inc increased after reports that a private equity firm-led buyout was in the works.
Private investors seek settlement from JPMorgan
Fund managers BlackRock Inc and Neuberger Berman Group LLC seek settlement in the amount of USD5.75 billion for mortgage backed securities fraud.
Blackstone becomes largest owner of rental properties
As it bought out properties post recession at 35% below market value, Blackstone had accumulated assets for rent to grow into a mature industry.
Bank of Canada retains interest rate levels
Under new Bank of Canada Governor Stephen Poloz, the bank retained its benchmark interest rate level for the 24th consecutive month.
Latest News
A regulatory filing revealed that social networking service for film enthusiasts Mubi received a new USD5.1 million investment from unnamed investors.
Cureatr's primary product, a secure messaging app for doctors, received significant backing from investors including Milestone Venture Partners and Cardinal Partners.
The latest iOS7 update was able to fix sensor and app issues of iPhone 5S and iPhone 5C mobile units.
Bromium's oversubscribed Series C funding round had raised USD40 million. Bromium, whose micro virtual machine technology assisted IT administrators in trapping malware, raised USD40 million in investment capital.
16 startups whose products focused from cloud services to video and imaging technologies had received USD65 million in investment from Intel Capital.
The acquisition of the GE Power & Water business by APR Energy Plc would also make General Electric Co a strategic investor in the temporary power provider.
Grupo BTG Pactual was reportedly working up a bid to purchase the commodities unit of JPMorgan Chase & Co.
Billionaire investor Carl Icahn cashed in part of his ownership stake in video streaming company Netflix Inc.
Kevin Spacey was among the few personalities thanked by billionaire investor Carl Icahn for the performance of video streaming company Netflix Inc on the stock market.
