A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
Deals
Kuwait invests in prime London real estate
The Kuwaiti Investment Authority's property division St Martins is in discussion to purchase the More London complex.
Iron Mountain purchases Cornestone Records Management
Iron Mountain had purchased Cornerstone Records Management in an all-cash transaction priced at USD191 million.
Money market fund flight occurred before passage of debt ceiling legislation in the US
About USD43 billion was pulled from the money market as investor fears of US debt crisis reached its height prior to Wednesday nights passage of much needed legislation.
Alitalia must overhaul before Air France-KLM considers merger
Air France-KLM CEO Alexandre de Juniac said a company restructuring should happen in Alitalia before the French carrier would consider putting out a takeover offer.
Latest News
Warrnambool Cheese and Butter Factory Company Holdings Ltd received its third and bigger acquisition offer from Murray Goulburn Co-operative Co Ltd.
The Investment Canada Act would be a major hurdle for foreign companies like Lenovo who wish to acquire Blackberry as a whole or in parts.
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
Japan hair and cosmetics company Shiseido on Thursday said it had been discussing with L'Oreal about the latter's acquisition of the Decleor and Carita skincare brands for EUR230 million or USD314.3 million.
A decision by US Judge Ronald Guzman put HSBC's Household International Inc liable to pay USD2.46 billion as settlement for misleading its investors.
Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
Poland, in order to finance the fourth quarter of the year, intended to sell Euro denominated bonds to increase the liquidity.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
