China's state-owned Greenland Holding Group will invest £1.2 billion ($2 billion) on two property projects located in Wandsworth and Canary Wharf in London. The real estate developer is also looking to enter Canada, France and Singapore this year.
Deals
Forest Laboratories nears $3B takeover deal of Aptalis
Forest Laboratories is close to an agreement to buy New Jersey-based specialty pharmaceutical company Aptalis Holdings from private equity firm TPG Capital. Forest will pay $3 billion for Aptalis.
Internet entrepreneur Niklas Zennström says great companies can come from anywhere
For venture capital firm Atomico founder Niklas Zennström , Silicon Valley is not the only technology hub where great firms can come from. He says they can come from anywhere.
New York video startup Aero closes $34M in Series C funding
New York, US-based TV streaming startup Aereo has secured $34 million in a Series C funding round led by IAC, amid a lengthy legal battle with major rivals who want to bring it down.
Yahoo chief reveals acquisition of San Francisco startup Aviate
Marissa Mayer, the Chief Executive Officer (CEO) of Internet giant Yahoo has revealed the acquisition of Aviate, a San Francisco-based startup that automatically organizes apps on a phone's home screen.
Latest News
Mitsubishi Motors Corp., which was bailed out by other Mitsubishi companies almost a decade ago, seeks to raise up to ¥241.6 billion ($2.3 billion) in a share sale. The said proceeds will enable it to resume dividend payments for the first time in more than 15 years.
Japan-based tech giant Toshiba agreed to buy a 26% stake in India-based water and wastewater management firm UEM India Private Ltd in a deal with undisclosed financial details.
Denmark-based oil and shipping conglomerate AP Moeller Maersk AS said it will reduce its ownership in Dansk Supermarked and F. Salling in a deal that will generate proceeds of about DKK17 billion.
Altice, founded by French-Israeli phone-industry entrepreneur Patrick Drahi, seeks to raise €750 million ($1 billion) in an initial public offering at the Amsterdam Stock Exchange. Proceeds from the deal will be used to reduce its debt.
Photo pinning social site Pinterest bought San Francisco-based image recognition startup VisualGraph for an undisclosed amount to automatically detect items pinned on the site and to tailor future ads.
Vietnam has increased the foreign ownership caps in banks from the previous 15% to 20% in a bid to boost the country's ailing banking system, according to a government statement.
Billionaire John Malone is building a cable empire once more as the firms he is backing have announced or are cooking up acquisitions amounting to more than $80 billion, Bloomberg reported.
Bahrain private equity firm Investcorp has bought a significant minority stake in Turkish fresh cut and packaged processed red meat producer Namet for an undisclosed sum. Early this year, Investcorp acquired a 25% stake in Saudi Arabia's Leejam Sports Co.
Australia-based private equity group Champ Ventures plans to exit its 42% stake in fleet management and leasing firm SG Fleet via initial public offering (IPO) by the end of 2014's first quarter.
