Tags: Assets
Hochtief AG Receives Bids for Airport Assets
Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
Cerberus Capital to undertake IPO
Cerberus Capital is now preparing to undertake an IPO of its German property assets. Private equity firm Cerberus Capital Management LP, led by Stephen Feinberg is now going full steam ahead with an initial public offering of its German retail property assets.
AXA Assets to be Bought by Protective Life
Protective Life is the leading buyer for assets of AXA Life amounting to US$1.5 billion. American insurer Protective Life Insurance is the frontrunner in the purchase of picking up AXA SA's life insurance assets.
Next Media's Sale Fails to Launch
Next Media's pending sale was held back by protests and other hindrances. Jimmy Lai, the Hong Kong billionaire, has offered his Taiwanese newspaper and magazine for sale but did not push through.