In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.
Tags: Purchase
Acino set to be purchased by Avista and Nordic Capital
The price of CHF398 million or USD439 million was paid by hedge fund firms Avista and Nordic Capital for Acino Holding.
Harbinger share values rise amidst SEC settlement with its founder
Harbinger Group, Philip Falcone's investment firm, jumped in value as it sold off shares to a consortium headed by Leucadia National Corp.
CI Financial purchases 65% of Marret Asset
CI Financial acquired the majority stake in Marret Asset, with an option to purchase the remained after three years.
Chatham Lodging Trust to sell off 3.3 million shares in its IPO
The proceeds for the 3.3 million shares in Chatham Lodging Trust sale would be used for debt payment and general corporate purposes.
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The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.
KKR contemplating partnership with INCJ for the purchase of Panasonic's healthcare unit. Private equity firm KKR, according to sources with knowledge of the transaction, is contemplating if it would enter into a partnership agreement with state supported Innovation Network Corporation of Japan.
KazMunaiGaz purchases Kashagan oil field shares for Kazakhstan. Soon after the blocking the USD5 billion deal for ONGC Videsh Ltd, Kazakhstan soon transferred a 8.
According to tycoon Naguib Sawiris, he is interested in purchasing a stake in Telecom Italia but may opt not to in light of the Italian press' preference for Telefonica.
Traditional insurer American Family Insurance buys out online insurance provider Homesite Group Inc for USD616 million.
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier. Alitalia is in discussion with Etihad Airways, resulting in the Abu Dhabi based airline purchasing a stake in the floundering Italian aircarrier.
Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.
