Utilities
Bloomberg: Blackstone Group to buy Dutch developer Multi Corp
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Renault COO to step down
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
Elster acquisition boosts revenues of Melrose Industries
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
Qantas reports profit despite international loss
Despite a beleaguered international division, Qantas Airways posted an annual profit of AUD5 million.
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JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
The sales of US homes unexpectedly fell in July that had caused the US dollar to plunge against the Euro.
Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.
CommonFloor to use luxury vehicles for taxi services. Real estate company, CommonFloor, had announced that it will hire air-conditioned vehicles for their wealthy costumers who are looking into buying at least one of their five million properties.
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.
Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.
Thames Water Set to Increase Charges and is seeking its regulator's permission. Thames Water Utilities Ltd, the largest drinking water and wastewater management services company in UK, sought the permission of Oftwat to raise prices.
Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.
Rock Hill Capital revealed it had sold its stake in Blackhawk Specialty Tools to Blackhawk's management and Bain Capital.