Acquisition

US Bancorp subsidiary purchases Quintillon to expand its alternative investment business in Europe

The consolidation of US Bancorp Fund Services and Quintillion Limited would allow the former to expand its operations in Europe via its new strategic headquarters in Dublin.

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Apartment List raises USD15 million in Series A financing lead by Matrix Partners

The USD15 million in new investment Apartment List managed to raised in its recently-concluded Series A financing would go towards the efforts of making the platform more friendly to apartment renters.

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Roark Capital adds another restaurant group to its portfolio in acquisition deal with Apollo

Roark Capital emerged victorious over rival bidders TriArtisan Capital Partners and Pamplona Capital Management to acquire restaurant group CKE Inc, which is the parent company of fast food chains Hardees and Carl's Jr.

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GE Capital Real Estate acquires USD2.3 billion in real estate loans from Deutsche Postbank

The real estate loan portfolio GE Capital Real Estate acquired from Deutsche Postbank contained commercial property loans that had been backed against prime real estate located in central London, France and Germany.

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Lone Star Funds acquires 23 buildings from State Farm Mutual Automobile Insurance Co

John Grayken's private equity company Lone Star Funds had bought 23 buildings from State Farm Mutual Automobile Insurance Co. Lone Star would be leasing the properties back to the insurer.

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CEPSA takes over Coastal Energy Co. For CAD2.3 billion

Spanish multinational oil firm CEPSA bought Canadian Coastal Energy Co. for CAD2.3 billion (USD2.21 million) including debt. CEPSA will pay CAD19 per Coastal Energy share in cash.

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Newcastle Investment Corp agrees on USD 1.01 billion purchase of 52 senior housing properties

Forstress Investment Group unit Newcastle Investment Corp said it will be purchasing a portfolio of 52 senior housing properties from Holiday Acquisition Holdings for USD 1.01 billion.

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CareFusion Corp enters agreement to purchase Vital Signs from General Electric unit for USD500 million

CareFusion Corp's acquisition of Vital Signs from GE Healthcare was considered strategic as the former aimed to expand its anesthesiology and respiratory care business while saving up to USD15 million in annual costs.

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Majority shareholder seen as hurdle to yeo Hipa Seng's takeover - analysts

Potential investors would be having difficulty acquiring a majority ownership stake in beverage company Yeo Hiap Seng Ltd due to the Ng family, who had a controlling interest in Yeo's via Far East Organization.

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Oracle acquires Bitzer Mobile for bring-your-own-device business

Oracle Corp made an announcement on its website via a redirect from Bitzer Mobile's site link that it had acquired the startup at an undisclosed amount to expand its business in the bring your own device (BYOD) market.

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Frutarom enters agreement to acquire 75% of PTI for USD50.3 million

Terms of Frutarom Industries' definitive agreement to acquire Protein Technologies Ingredients (PTI) included an option to acquire the remaining 25% interest from minority shareholders in the next three years.

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Israeli newspaper reports Apple acquisition of chip maker PrimeSense for USD 345 million price tag

According to financial newspaper Calcalist, Apple had bought Israeli chip maker PrimeSense for a USD 345 million. However, PrimeSense said it did not relate to rumors made about its customers and partners.

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Aberdeen Asset Management nears acquisition of SWIP from Lloyds Banking Group- report

A report from The Sunday Times said Aberdeen Asset Management was close to reaching a deal to acquire Scottish Widows Investment Partnership from Lloyds Banking Group.

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Apple purchases Tel Aviv-based PrimeSense for USD345 million - report

According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.

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Cooper seeks Supreme Court ruling forcing Apollo to close USD2.3 billion merger

American tire company Cooper Tires & Rubber Co. seeks to obtain a Supreme Court ruling forcing India's Apollo Tyres to complete the merger. The USD2.3 billion deal would make Apollo the seventh-biggest tire maker in the world.

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