LaSalle Hotel Properties announced its acquisition of Serrano Hotel for USD71.5 million. Today, LaSalle Hotel Properties had announced acquisition of San Francisco-based Serrano Hotel.
Deals
Investec leads financing for South African power plants
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Wayra announces its second international “Demo Day”
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
CORRECTED: NoSQL Couchbase pools additional USD25 million
NoSQL Couchbase received an additional USD25 million in a Series D funding round led by Adam Street Partners.
Delaware casinos present online DoubleDown Casino
In a move to legalize online gambling, the state of Delaware through three casinos launched a free Facebook-linked gambling game called "DoubleDown".
Latest News
Holcim would pay Cemex to absorb some of its businesses in Europe. Holcim, the Swiss cement maker, is planing to exchange assets and combine others with Cemex, its Mexican competitor in Europe.
Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.
Florian Rentsch, Hesse economy minister, is the first politician to confirm that the sale of Commerzbank is an option considered by the German government.
Seadrill would be expecting soaring profits in the next few years as energy companies venture into difficult waters.
A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
Standard and Poor's (S&P) had concluded that Playboy Enterprises Inc would likely be under pressure from its USD185 million loan-covenant to reduce its loans and increase its earnings.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
