Philippine-based real estate firm Filinvest Land Inc bought an idle property in Ortigas Center, Pasig City, from state-run Government Service Insurance System in a deal valued at PHP771.5 million.
Deals
US regulator wins lawsuit challenging merger of Bazaarvoice Inc and PowerReviews Inc
The US Justice Department won a case challenging the 2012 acquisition of Power Reviews Inc by rival online product review software maker Bazaarvoice Inc, Bloomberg reported.
Malaysia's Genting inks agreement with US partners to build Miami gaming resort
Genting Malaysia Group, which is majority owned by Genting Bhd, has signed an agreement with American groups Gulfstream Park Racing Association, Florida Horsemen's Benevolent & Protective Association and Florida Thoroughbred Breeders' Association to build a gaming resort in Miami, Florida.
Black Hills Corp to acquire Wyoming gas utility assets in $6M deal
South Dakota, US-based energy firm Black Hills Corp inked a deal to acquire gas utility MGTC's gas transmission and distribution utility assets in northeastern Wyoming in a deal valued at $6 million.
Hellman & Friedman mulls over sale of Catalina Marketing Corp.
Private equity firm Hellman & Friedman is reportedly considering to sell Catalina Marketing Corp. in a deal that could fetch $2 billion to $2.5 billion. Catalina provides customer-driven marketing services to over 25,000 grocery, drug and department stores in the US.
Latest News
UK's Montagu Private Equity and Rexam have reportedly entered the advance stage of talks on the sale of the latter's healthcare packaging business. Rexam is selling its healthcare division in a deal that could value the asset at about £500 million.
Internet giant Yahoo was earlier reported to have bought San Francisco-based startup Aviate for an undisclosed amount, but now a source familiar with the deal revealed that the acquisition was valued at $80 million.
Private equity firm Blackstone Group and property developer Panchshil Realty have emerged frontrunners for buying Citibank's old headquarters in Mumbai, India. The Blackstone-Panchshil combine have jointly bid INR186 crore for Citigroup Center.
An unnamed official from South Korea's S-Oil Corp said Saudi Arabian Oil Co or Saudi Aramco, the largest crude exporter in the world, will be buying a $2 billion stake in S-Oil, Bloomberg reported.
Illinois, US-based marketing technology company Ifbyphone raised $9 million in a Series D funding round led by growth equity firm River Cities Capital Funds to beef up its workforce.
Santander Consumer USA Holdings is seeking a valuation of as much as $8.4 billion in its initial public offering. The auto loan company owned by Spain's Banco Santander as well as private equity firms expects to raise $1.56 billion in the listing.
New Jersey, US-based business analytics firm raised $4.8 million in a funding round from Richard Braddock and Amarpreet Sawhney to create tools that help companies understand their customers.
Addison Capital portfolio company Gowanda Holdings said it had bought Los Angeles, California RF and microwave filters designer and maker TTE Inc for an undisclosed amount.
Stockholm-based private equity firm EQT Partners intends to list British food outlet operator SSP on the London Stock Exchange in June this year. The food outlet operator could be worth £2 billion ($3.3 billion).
