Spanish bank Banco Popular announced the sale of its property management units to US-based investment companies Varde Partners and Kennedy Wilson for an undisclosed amount.
Tags: US
Japan's Panasonic to sell three chip plants to Israel's TowerJazz -sources
Troubled electronics giant Panasonic will sell three of its chip factories in Japan to Israel's TowerJazz by March 2014, according to sources with direct knowledge of the situation.
Airtasker raises additional USD2 million for team expansion
Australia-based task outsourcing platform Airtasker raised an additional USD2 million in a funding round with BridgeLane Capital, Exto Partners, and other private equity investors, to be used for the firm's team expansion.
Ansell to acquire BarrierSafe for USD615 million
Australia-based industrial glove maker Ansell Ltd agreed to purchase US-based hand protection product manufacturer BarrierSafe Solutions International for approximately USD615 million in a transaction subject to US antitrust clearance.
Carlyle to Buy Investor in Hedge Funds
US-based private equity firm Carlyle Group LP announced its plan to acquire Canada-based investor in hedge funds Diversified Global Asset Management Corp for USD33 million.
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A study conducted by researchers at the University of British Columbia's Sauder School of Business showed that the more women are on a company's corporate board, the lesser the chance the company would be entering into risky deals.
Europe's top carmaker Volkswagen (VW) has revealed its plan to invest EUR84.2 billion in the next five years for technology upgrades and modernization of its plants.
The S&P jumped around 26% in 2013 with major indexes hitting record high, but investors are wary of the surge in US stocks, citing a potential big drop on the market the following year.
Chinese real estate developer Sichuan Xinglida Group Enterprises Co bought the Torrance Marriott hotel in South Bay, California for USD74 million, according real estate broker John Strauss.
US-based pharmaceutical company Moderna Therapeutics announced its completion of a new funding round worth USD110 million for the development of its messenger ribonucleic (RNA) Therapeutics.
Hong Kong-based tech startup Multichannel raised USD3 million in a seed round from angel investors in Asia and Europe to be used for the improvement of the company's marketing spend tracker.
US-based party goods retailer Party City Holdings Inc is preparing for a potential initial public offering (IPO) in early 2014, according to anonymous sources familiar with the matter.
Italian bank UniCredit said on Thursday that it may consider selling its indirect stake in professional football team Associazione Sportiva (AS) Roma, although no decision had yet been made.
The purchase of Baton Rouge-based Edgen Group Inc was finally completed by Japan's Sumitomo Corp and Sumitomo Corporation of America in an acquisition deal valued at USD520 million.
