The following bids, mergers, acquisitions and disposals were reported on Tuesday including Nokia, IntercontinentalExchange Group, Goldman Sachs and others.
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Hongkongers' property purchase intentions drop -survey
An annual Citibank survey found that Hongkongers' interest in purchasing property dropped more than 10% year-on-year and that the average quarterly property transactions fell by 40%.
Devon buys out GeoSouthern Energy Corp. for USD6 billion
Petroleum company Devon Energy Corp. was nearing a deal to takeover Texas-based GeoSouthern Energy Corp. for USD6 billion. This would be Devon's second large transaction in less than a month.
Startup accelerator trend decreasing this year - report
After years of continued growth since the first modern accelerator began in 2005, the startup accelerator trend has slowed for the first time in 2013, according to a report from TechCrunch.
21 Partners buys Synerlab from Ardian
European private equity group 21 Partners agreed to purchase French pharmaceutical manufacturing company Synerlab from premium independent private investment firm Ardian for an undisclosed amount.
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Tyra Banks has invested an undisclosed amount on Locket, a mobile advertising app made for Android smartphone lockscreens, through her company's investment arm Fierce Capital.
The following are mergers under review by the European Commission and a brief guide to the EU merger process
The following financial services industry appointments were announced on Tuesday including Barclays, Hiscox, Hartford Funds and Aon Risk Solutions
Spain will take formal offers from potential buyers for Spain's nationalized lender Novagalicia Banco from Tuesday.
India's Department of Disinvestment, which oversees the divestment of ownership stakes of the state of India in several companies, were pushing for a float to happen to capitalize on the rally of stocks on the financial bourse.
According to the joint statement by MTR Gaming Group, Inc and Eldorado HoldCo LLC, the amendments of the merger agreement included increases in cash consideration, payment per share to MTR, of which will be funded by Eldorado.
TCAS Online, a student accommodation management systems provider based out of Dublin, Ireland, received EUR650,000 in fresh funding from private investors including Kernel Capital Partners.
Tekni-Plex, one of the largest specialty plastic films makers in North America, was acquired by private equity firm American Securities from two other private equity firms who had majority ownership stakes in Tekni-Plex for the last five years.
Index, a startup that provides software to enhance customer experience in physical stores, received USD7 million in Series A investment from investors including Innovation Endeavors, of which Google executive chairman Eric Schmidt is a co-founder.
