Land Securities Group to sell GBP 315 million to M&G Real Estate

Land Securities Group said it would sell South Bank office properties worth GBP 315 million to M&G Real Estate.


Men's Wearhouse shares rally after refusing Jos. A. Bank proposal- report

Shares of Men's Wearhouse jumped 28% after rejecting the takeover bid of Jos. A. Bank. Shares of Men's Wearhouse increased 28% after it snubbed the USD 2.

Synaptics acquires finger-based authentication startup Validity for USD255 million

Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.

The saga of the Jet Airways and Etihad Airlines deal

Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.


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An S-1 document filing by Twitter Inc revealed that the date of its initial public offering would be on November 15.
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
Indian Oil Corporation remained to be the sole bidder for the 31% stake of Haldia Petrochemicals, said The Economic Times report.
The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.
KKR & Co LP, a US private equity fund, had acquired a substantial minority stake in Weststar Aviation valued USD200 billion, said a Reuters report.
Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.
After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.