According to sources, Lloyds Banking Group has prepared the sale of Heidelberger Leben to Hannover RE, following disposals of other businesses in the overseas market.
Sectors
Zillow acquires StreetEasy for USD50 million
Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.
Ten more Slovenian banks subject to state bank stress tests
Ten more Slovenian banks would undergo external stress tests commissioned by the Slovenian central bank.
Cobalt fails to find oil in Gulf of Mexico well
Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.
Google gets grant for pay-per-gaze advertising scheme
Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.
Latest News
Ares Management and Ontario Teachers'Pension Plan said it will buy building products firm CPG International Inc.
Samsung and Sony would introduce their new devices in September 2013, ahead of Apple's iPhone launch.
Hon Hai signed a sales partnership deal with the convenience stores of 7-Eleven in Taiwan to expand its television enterprise.
The United States asked Japan to give foreign companies more access to its auto and insurance markets.
Re/Max Holdings Inc filed for a USD 100 million IPO of its Class A common stock. Colorado-based real estate firm Re/Max Holdings Inc filed with US regulators to raise funds through an initial public offering.
Former Union Square Advisors Partner and COO, Elias Mendoza, is Siris Capital Group's new Managing Director of Investment Development and Strategy.
Miami-based drug developer Opko Health, Inc. will enlist in Tel Aviv Stock Exchange to acquire Israeli drugmaker, Prolor Biotech, Inc.
Recent survey results conducted by Chinese economists feared that the local government loans will amount to future problems for the state.
Beats spoke with unknown investors to buy out HTC's minority stake. The Wall Street Journal quoted an anonymous source about Beats Electronic buying out its minority stakeholder Taiwan's HTC.
