Tags: Leveraged buyout
Carrefour agrees on €2 billion purchase of malls from Klepierre
French retailer Carrefour agreed to acquire a total of 27 shopping malls in Europe worth €2 billion or $2.75 billion from Klepierre, a Bloomberg report said.
Generali buys minority stake in Generali Asia for EUR40 million
Italian life and non-life insurance company Generali bought a 40% stake in Generali Asia for EUR40 million. Generali Asia is a joint venture of Generali and Banca della Svizzera Italiana in Switzerland.
Shareholder says participation in Herbalife buyout likely
Herbalife Ltd fourth largest shareholder Bill Stiritz said he would most likely take part in a leveraged buyout of the company, as the nutrition company is in the middle of pyramid scheme accusations by hedge fund manager Bill Ackman.
New Dell board down to three seats
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.