Deals
Gannett raises USD1.25 billion for Belo acquisition
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 to avoid Facebook's mistakes
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
Reliance Capital Asset show growth from previous year
Reliance Capital Asset Management Ltd performed better this year compared to last year, mainly due to increased advertising revenues.
US investment companies bid for Lloyds Irish portfolio -sources
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.