Lloyds Banking Dublin portfolio creates buzz for investors. A number of US investment companies such as Apollo Global Management LLC, Goldman Sachs Group Inc and Lone Star Funds have forwarded their bids for 25 properties located in Dublin to be sold off by Lloyds Banking Group.
Deals
Jana Partners takes large stake in Outerwall
Activist investor Jana Partners LLC had reported a 13.5% stake in Outerwall Inc. and said it was exploring options including a possible sale, according to a Reuters report.
Cooper Tire asks court to require immediate close of its deal with Apollo
Cooper Tire & Rubber Co filed a complaint in the Delaware Chancery Court to compel Apollo Tyres in closing its acquisition transaction soon, said a Reuters report.
LionGold in discussions to buy Peruvian miner
Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.
Sotheby's adopt "poison pill" after stake increase from Loeb
Sotheby's would adopt its shareholders right plan after Daniel Loeb's Third Point hedge fund planned to increase its stake in the company and pushed to shakeup the company's management team, said a Reuters report.
Latest News
In a basic comparison, Twitter's risk factors were longer than Facebook's, which may indicate a riskier investment.
The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
MongoDB announced that it was able to score USD 150 million in financing from various investors. Data management firm MongoDB said it was able to raise USD 150 million in capital commitments from its latest financing round.
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
Reliance Capital Asset Management Ltd performed better this year compared to last year, mainly due to increased advertising revenues.
Three US investment companies reportedly placed bids for the Irish properties of Lloyds Bank. Sources told Bloomberg that Lone Star Funds, Apollo Global Management and Goldman Sachs Group Inc had placed bids for the Irish properties that were put up for sale by Lloyds Banking Group.
Strathspey Crown acquired Evolus, giving its subsidiary Alphaeon Corporation the exclusive license to market the neurotoxin developed by Daewoon Pharmaceutical.
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
