Deutsche Post raised a EUR 2 billion through a revolving credit facility. Deutsche Post obtained a EUR 2 billion or USD 2. 7 billion loan as interest rates fell in Germany.
Sectors
Sovereign wealth funds bet on alternative assets for growth- survey
Sovereign wealth funds put their bets on alternative assets to enhance returns. A survey by investment management services firm Invesco Ltd revealed that sovereign wealth funds were putting money in alternative assets to improve their returns.
Nigerian President gives control of power firms to private companies
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
Renesas gets bailout from government and customers
On Monday, Renesas Electronics Corp received bailout funding from a government-led fund and its major customers.
KKR inks definitive agreement to buy a 10% stake in Qingdao Haier
Private equity firm KKR agreed to buy a 10% stake in Chinese home appliance maker Qingdao Haier. Global investment company Kohlberg Kravis Roberts (KKR) signed a definitive agreement to purchase a 10% stake in home appliance maker Qingdao Haier.
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Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
A source told Bloomberg that the Macquarie Group had made an offer for Lloyds Banking Group's Australian assets.
The Blackstar Group said it would be fighting the court proceedings initiated by Shoprite Holdings to reverse its stock trades in Zambia.
Last minute buyers paid premium for vintage Chevrolet cars at an auction in Nebraska. Last minute buyers, like Doug Koehler, bought vintage cars at an auction in Norfolk, Nebraska.
US and Japanese law firms provide legal assistance to the acquisition of Panasonic Healthcare by KKR & Co.
Government soldiers in Mali and separatist rebels exchanged gunfire in the northern town of Kidal on Sunday, escalating violence in the African nation.
Russian oil producer Rosneft announced on Monday that it would be buying out the minority shareholders of TNK-BP Holding for USD1.5 billion to complete its USD55 billion takeover of TNK-BP.
By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.
As the US Capitol registered no activity on the possibility of a government shutdown, a report outlined some possible financial effects if it finally occurred.
