JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
Deals
New power suppliers nips at Japan's big regional utilities- report
A Reuters report revealed that new independent power supplies in Japan were giving large monopolies a run for their money.
Hedge funds set to make money as Lehman Brothers makes full payout
Hedge funds that gambled on Lehman Brothers expected huge payouts as administrators finished recovering assets.
China pushes private banks to raise private capital to avoid government bailout- analysis
A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
Blackstone purchases the Hughes Center complex in Las Vegas
Blackstone paid Crescent Real Estate USD347 million for Hughes Center complex. One of the largest office owners in the United States, the Blackstone Group, recently purchased another property, specifically the Hughes Center complex located in Las Vegas, NV.
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Due to the lack of competitive offers, Starboard Value throws its support behind Shanghui's bid for the takeover of Smithfield.
Italian fashion house Versace announced through its CEO Gian Giacomo Ferraris that the company had been expected a final shortlist of buyers interested in the company's minority stake by mid-October.
Senior Housing Properties Trust sells off its two hospitals to Reliant Hospital Partners LLC. Real estate investment trust Senior Housing Properties Trust said last Friday that had finalized an agreeent to sell to third parties the New England Rehabilitation Hospital and Braintree Rehabilitation Hospital.
GP Investments had filed with regulatory authorities the sale of its owned shares over college operator Estacio Participacoes.
A USD109 million investment was made by TPG Capital in Xinyuan Real Estate. TPG Capital was advised by Ropes & Gray on the completion of a strategic investment in Xinyuan Real Estate Co.
Branding Brand was chosen by investors to develop a mobile commerce platform for retailers. The largest mobile commerce platform to major retailers, Branding Brand, announced that it secured USD9.
Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.
In its first acquisition in the country, L'Oreal recently announced the acquisition of Cheryl's Cosmeceuticals to enhance its product line.
Synthetic antibodies maker Indi Molecular closed its seed round with USD 1.5 million. Indi Molecular announced the close of its seed funding with USD 1.
