Severn Trent rejection of the LongRiver consortium bid causes ripples in the mergers and acquisitions market as well as losses for hedge fund firms anticipating the buyout sale.

Berkley Properties and 601W Companies emerged in a partnership for the recapitalization of Chicago's Prudential Plaza.

The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.

The British water company refused negotiations before deadline of bid. (Photo : Reuters)The image is the corporate logo of Severn Trent Services. No new offer from the LongRiver consortium, until talks with the board will be pursued.

Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.

The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.

Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.

As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.

JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.

LongRiver Consortium will walk away from the proposed US$8.2 million bid unless Severn Trent engages in discussion with the company.