North America

La Caixa sells majority share of property unit to TPG-source

A source told Reuters that La Caixa would be selling 51% of its stake in Servihabitat, a real estate firm, to TPG.


Africa's richest man to fund Nigeria's largest oil refinery plan with loan

Dangote Group president and Africa's richest man Aliko Dangote signed a loan worth USD3.3 billion with 12 local and international banks to fund a USD3 billion proposed oil refinery complex in Nigeria.

SKF to buy Kaydon in USD1.25 billion all cash deal

Bearings maker SKF agreed to buy US-based Kaydon Corporation for USD1.25 billion in cash. The world's biggest maker of bearings, SKF, said on Thursday that it had agreed on buying US-based Kaydon Corporation in the tune of USD1.

Otsuka Holdings agrees on about USD 900 million Astex Pharma purchase

Japanese drug manufacturer Otsuka Holdings said it would be acquiring Astex Pharmaceuticals for close to USD 900 million.


Latest News

The Hudson Clean Energy Partners had invested USD6 million to Siicor Materials for the latter's expansion plans.
The CIT Group's subsidiary CIT Bank provided financing assistance for TruckPro in its acquisition of CCI Corp.
Agilent Technologies Inc. announced that it had agreed to an acquisition deal for some assets in ABC Instrumentación Analítica (ABCIA).
The Canadian Imperial Bank of Commerce said that it had been seeking CAD1 billion wealth management acquisitions as it tried to boost profit.
Pexco LLC announced to buy Spectrum Minnesota, an injection molder of advanced thermoplastics operator.
HSBC Holdings had appointed former Marks & Spencer CEO Stuart Rose for an advisory role in the company.
iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.
Credit rating agency Standard and Poor's (S&P) said in a court filing that the reason US Justice Department filed a case against them was to get back for downgrading US' credit rating last August 2011.
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