Deals
Serbian delegation to meet in Abu Dhabi for loan agreement
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Advance Auto Parts agrees to acquire General Parts International
Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.
AXA sells institutional investors catastrophe bonds worth USD 474 million
AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.
Nginx scores USD 10 million in Series B round led by New Enterprise Associates
Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.
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TPG Capital together with Ivanhoe Cambridge bought Europe-based P3. TPG Capital and Ivahoe Cambridge Inc of Montreal bought warehouse landlord P3 Plc from Arcapita Bank.
Stamos Capital Partbers reacquired its stakes from Merrill Lynch & Co and its two other partners. Stamos Capital Partners conducted a management buyout of the stakes held by its two partners and Merrill Lynch & Co.
A total of USD163 million in cash was placed on eight acquisitions Yahoo Inc made during the third quarter this year, according to its recent earnings report.
Investors remained anxious even if US Treasury Secretary Jacob Lew announced last week in Congress that the department had the capacity to pay US Treasury bill holders.
Luiz Carneiro was fired as chief executive of his OGX Petroleo e Gas Participacoes SA by Eike Batista, whose commodity group owned the oil and gas company.
A regulatory filing by Softbank Corp had confirmed rumors of the Japanese company purchasing a stake in US mobile distributor company Brightstar Corp.
UK newspaper The Guardian had confirmed the departure of American journalist Glenn Greenwald, who is rumored to be joining a new media venture backed by eBay founder Pierre Omidyar.
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO. Yahoo's investment in Chinese e-commerce firm Alibaba Group Holding Ltd was sufficient to keep Wall Street happy despite the continued struggle in the third quarter for advertising revenues, The shares of Yahoo increased by 1% to USD33.
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA. Telefonica SA is hard pressed to extract a higher premium for its Czech unit.
To address wrongdoing in the 'London Whale' scandal, JP Morgan enters into a settlement agreement with the CFTC.