Sun Life Financial Inc. said on Friday that the delay of its US annuity business is likely to happen as regulators conduct reviews of private investor groups.
North America
LifePoint Acquires Bell Hospital
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.
Morgan Stanley Gets Approval to Acquire Remaining Stake
According to Morgan Stanley, it has received a clearance notice to acquire the remaining 35% stake in its joint wealth management firm.
Energy firms cut back on far flung oil field stakes
Hess Corp and Newfield Exploration to do auctions of oil and gas assets located overseas. (Photo : Reuters)A customer pumps gas at a Hess station. American energy firms Hess Corp and Newfield Exploration have undertaken separate auctions in order to sell off parts of their oil and gas field stakes.
Sources: Blackstone Interviewing Banks for Brixmor IPO
According to sources, Blackstone is interviewing banks for the initial public offering of its shopping center company, Brixmor Property Group Inc.
Latest News
Leonard Green is looking to buy USIC. (Photo : Reuters)This is an image of a pipe line. Leonard Green & Partners LP, a private equity firm, is near to closing its deal to acquire United States Infrastructure Corporation.
3D technology provider Leap Motion partnered with Highland Capital to create Leap Fund worth $25 million.
Michael urged stakeholders of Dell Inc. to vote in favor of his buyout proposal prior shareholder's meeting next month.
Dish Network abandoned its bid to buy Sprint Nextel. (Photo : Reuters)The image is the corporate sign of Dish Network set on its office facade. Dish Network stopped its bid to acquire Sprint Nextel Cop.
Wal-Mart, with nearly 1.2 million strong retirement fund members, is accepting bids to manage its US$15.6 billion 401k program.
Sprint Nextel, to ease out Dish Network from the picture, upped the ante and offered US$5 per shsre.
Rona Inc, the home improvement retailer, has agreed to sell off specified business areas to Emco. (Photo : Reuters)The image is the corporate logo of Rona Inc.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Patrick Wolff is betting that China's markets would crash. (Photo : Reuters)The image is a Chinese bourse board in the red. Patrick Wolff, the chess master who became a hedge fund manager is predicting a stock market crash to happen in China.
