Singapore-listed AIMS AMP Capital Industrial REIT entered the Australian market by buying a 49% stake in Optus Center at Sydney's Macquari Park for over USD184 million.
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Seedrs claims to be the first British equity crowdsourcing platform to operate in Europe
Seedrs, a British crowdsourcing platform which offers equity to investors, instead of perks, claims to be the first of its kind to operate across Europe. It has an instant advantage since cross-border crowdfunding is better in some EU countries due to higher limits in funding.
Carlyle looking to sell Taiwanese Eastern Broadcasting for USD700 million
American private equity firm Carlyle Group LP is considering to sell its 67% stake in Eastern Broadcasting Co. for up to USD700 million. Carlyle built a majority holding in the Taiwanese broadcaster after acquiring its parent company for USD1.5 billion.
Charter hall completes equity raising for Rosebud Plaza acquisition
Charter Hall Retail REIT completed a fully underwritten USD80 million institutional placement for the partial funding of its Rosebud Plaza acquisition, according to the company's statement to the Australian Securities Exchange.
Apple takes over Israeli PrimeSense for USD350 million
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
Latest News
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.
A report from Israeli scientists explored the connection between the arrested operator of Silk Road Ross William Ulbricht and the secretive inventor of the digital currency bitcoin Satoshi Nakamoto.
UK equity-based crowdfunding platform Seedrs announced that it is crowd-raising GBP500,000 using its own site to reach out to European investors and startups outside of the UK.
Royal Bank of Scotland, which is 82% owned by taxpayers after a government bailout, is accused of pushing struggling small firms into its turnaround unit, for it to have reasons to charge higher interests, and in turn, take over their assets.
British financial institution Lloyds Banking Group Plc will reportedly put up for sale 30% to 50% of its stake in 631 bank branches. The said bank branches are being rebranded as TSB, which is expected to float on the stock market middle of next year.
Canada-based milk processor Saputo Inc raised its acquisition offer for Australia-based Warrnambool Cheese & Butter Factory Co to AUD515 million in a three-way bid contest with dairy firms Bega Cheese Ltd and Murray Goulburn Cooperative Co.
A survey taken by professional services company Ernst & Young has shown that India has toppled China from the top spot as the world's most attractive destination for investments.
Switzerland-based Trafigura Beheer BV had put up for sale its stake in Puma Energy for USD500 million. Trafigura sold a part of its interest in the African unit to Angola's Sonangol Corporation and Cochan Ltd.
China Cinda Asset Management Corp, one of China's four bad loan managers, is seeking up to $2.5 billion in an initial public offering in Hong Kong attracting global investors like Och-Ziff Capital Management Group LLC and Norway's sovereign wealth fund.
