Vodafone Group has only a few hours left to acquire 75% of Kabel Deutschland's shares to tender its EUR7.7 billion or USD10.2 billion offer.
Deals
Adventus Realty Trust inks deal to purchase Crossings office complex for USD 35.5 million- sources
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Accel-KKR buys majority stake in EA Holdings
Accel-KKR bought a majority stake in EA Holdings. Private equity investment company Accel-KKR announced that it had bought majority shares in EA Holdings.
Magazine publisher Time to spin off from parent in early 2014
Magazine publisher Time Inc. purchased the publishing arm of American Express Co as part of its plans to spin off from its parent Time Warner Inc.
Skuldtech scores additional EUR 1 million from Bpifrance for Alzheimer's disease project
Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
Latest News
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
A released August report by the Treasury Department indicated that the US government would be looking to exit American multinational automaker General Motors (GM) as the state recently sold USD811 million of GM's common stock.
Nickel producer Norilsk denied reports that it would be acquiring a stake in potash firm Uralkali. Norilsk Nickel said it was not interested in acquiring a stake in Uralkali.
The Telegraph reported that Royal Dutch Shell had postponed its refinery project worth USD 1.3 billion in eastern China.
A survey showed that buyers of distressed debt in Australia favored soured loan acquisitions from smaller firms.
Voters rejected the casino proposal of Hard Rock International for West Springfield, Massachusetts. The casino proposal of Hard International for West Springfield, Massachusetts was rejected by voters in West Springfield, Massachusetts.
On a September 12 meeting at Dell Inc's headquarters in Round Rock, Texas, the company was expected to announce that CEO Michael Dell and Silver Lake Management LLC got shareholder approval to proceed with the USD24.90 billion leveraged buyout.
About 350,000 shares were sold by Best Buy CEO Joly to pay for divorce but this does not dilute his shareholdings in the company.
In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.
