Tesco would lend Yucaipa investment firm GBP80 million to take Fresh & Easy stores off its hand. UK based Tesco would lend US billionaire Ron Burkle's Yucaipa investment firm GBP80 million.
Deals
Dell Inc set to meet creditor banks for leveraged buyout financial backing
The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.
Norilsk places bid for Uralkali potash stake - reports
According to reports by the Wall Street Journal and Reuters, Norilsk Nickel could place a bid to acquire a 21.75% in billionaire Suleiman Kerimov- helmed potash company Uralkali.
Verizon Wireless sells, to transfer LTE spectrum to AT&T in USD1.9 billion deal
After eight months, AT&T finally acquired the LTE spectrum from rival Verizon Wireless in a USD1.9 billion deal.
Danaher choosing between Spectris and Pall
In seeking acquisitions for greater investment return, Danaher Corp is choosing between Spectris and Pall as its first purchase.
Latest News
Twitter announced on Monday through a blog post that it had acquired MoPub without disclosing the financial terms of the deal.
Eike Batista's MMX sold off its debt and partial stake to commodities trader Trafigura Beheer BV and sovereign wealth fund Mubadala Development Crop for the Sudeste port.
Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.
The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
AFL-CIO Equity Index Fund said that it reached USD4 billion financial milestone since its inception in 2011.
9Lenses raised an undisclosed amount for its first Series A investment round. A Software-as-a-Service venture providing packaged organizational analytics and business intelligence, 9Lenses announced the closure of a Series A financing round.
Apple announced in its iPhone launch event today that the iOS7 mobile device would be marking its 700 millionth delivery by next month.
