Australia-based funds management group Alceon has acquired two shopping centers from Mirvac Group in a deal valued at $100 million as part of the listed group's non-core disposal program.
Tags: Target
Credit card payment platform Target invests $100 million for credit and debit cards safe technology
Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
Credit card security firm says lawsuit filed against it on Target breach without basis
Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.
Hackers accessed Target via heating/AC subcontractor
Hackers responsible for the data breach on Target stores over the holiday season gained access using log-on credentials for heating, refrigeration, and air conditioning, according to a post on Krebs on Security written by former Washington Post reporter Brian Krebs.
Secret Service looking into possible data breach at Texas' Michael Stores
The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
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Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Cinven has raised Eur5 billion for at most four acquisitions in Europe this year. Cinven, the renowned private equity firm, has projected that it would make at most four acquisitions in Europe.
