Tags: Bloomberg

Spanish bank Santander sells real estate unit to American private equity firm Apollo for $903M

The biggest bank in Spain, Banco Santander SA, sold its real estate arm to US-based private equity group Apollo Global Management in a deal valued at €664 million ($903 million).


BlackRock fund sells Singapore's Westin hotel to Daisho for $369M

BlackRock Inc's Asia Property Fund III is exiting its Westin hotel in Singapore to Tokyo-based property developer Daisho Group in a deal valued at S$468 million ($369 million).

GS Holdings and LG to pay $598M for combined stake in South Korea's STX Energy

South Korean oil refiner operator GS Holdings Corp entered into an agreement with commodity trader LG International Corp to acquire a combined stake in STX Energy for $598 million.

UK to consider new rules to raise funding for SMBs

The UK government is mulling on rule changes that would make it easier for small and medium-sized businesses (SMBs) to obtain funding from alternative financiers and new banks.


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Turin, Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC, according to sources familiar with the matter.
Hamilton, Bermuda-based global commercial property firm Brookfield Property Partners LP increased its offer to buy New York, US-based firm Brookfield Office Properties Inc by $1 per share after a bid evaluation.
NWS Holdings Ltd, owned by Hong Kong tycoon Cheng Yu-tung, entered an agreement to purchase a stake in Beijing Capital International Airport Co from sovereign wealth fund GIC Pte.
New South Wales, Australia-based dairy firm Bega Cheese Ltd will consider stake options after dropping out of the three-way takeover contest for Warrnambool Cheese & Butter Factory Co.
Australian natural gas giant APA Group entered an agreement to acquire the rest of distribution firm Envestra Ltd after increasing its offer to around AU$1.4 billion ($1.3 billion).
Hong Kong-based private equity fund RRJ Capital Ltd bought a 7.85% stake in renewable power developer China Everbright International Ltd in a deal valued at $350 million.
China-based professional laser equipment manufacturer Han's Laser Technology Co bought Israel-based Nextec Technologies in its effort for expansion amid slow growth in the Chinese laser measurement devices market.
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries over the next four years.
NBC Universal has agreed to buy a minority stake in tech-news site AllThingdD, which is set to be renamed "Revere Digital" this month, according to a Bloomberg report.
Poland-based lender Alior Bank SA sold 6.38 million of its shares yesterday at PLN73 apiece to raise PLN 464 million (USD151 million) for its expansion.
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