Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
Basic Materials
Kenyan government constructs new 2.5 million-capacity airport terminal
Kenyan President Uhuru Kenyatta revealed that his government will be constructing a temporary terminal that will hold 2.5 million passengers.
Nova Capital agrees to buy Newell Rubbermaid brands for USD 214 million
Nova Capital signed an agreement to buy five brands of the Newell Rubbermaid Hardware Group in a deal worth USD 214 million.
Co Antrim's Mivan bags multimillion deals from Saudi Arabia and London clients
Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.
Starwood Capital Group clinches Liberty Center for USD 135 million
Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.
Latest News
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
Ashland Inc may opt for divestment of elastomers and water-treatment businesses. Ashland Inc. (ASH) has announced plan to divest an elastomers unit and possible sale of a water-treatment business, moves that could cut around US$2 billion from the American chemical company's revenue.
Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.
New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates. Sales of single-family homes in the United States increased by 8. 3% despite higher mortgage rates, the Commerce Department revealed in a Reuters report.
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
Salvatore Ferragamo SpA and Tod's SpA were expected to pursue growth through deals with LVMH and Gucci-owner Kering SA.
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
