The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Deals
Goldman takes the lead in Huarong Stake talks
Goldman is reportedly leading in the race with Morgan Stanley to acquire largest share of Huarong's stock sale.
ParknShop receives bids from Woolworth, KKR
ParknShop, the biggest supermarket chain in China received bids from companies such as Woolworths, KKR and other investors.
Marriott to sell Edition hotels in London, South Florida and Manhattan
Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
Wells Fargo purchases ING US$1.6 billion commercial property debt
Wells Fargo and Co agrees to buy ING Real Estate Finance debt worth US$1.6 billion. Wells and Fargo Co agreed to purchase the twenty-nine loans incurred by ING Real Estate Finance debt.
Latest News
Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.
Markel Ventures Inc bought Eagle Construction for an undisclosed amount. Virginia-based Markel Ventures bought Eagle Construction, a home builder also based in Virginia.
UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.
Swedish family-controlled investment company Nordstjernan agreed to sell its subsidiary KMT Group to American Industrial Partners for USD 147.5 million.
L'Oreal puts in an offer to buy Magic Holdings Ltd for US$840 million. L'Oreal recently made an US$840 million-dollar offer to purchase Magic Holdings International Ltd.
Aurora Capital Group agreed to acquire National Technical Systems for a premium USD 23 per share. Los Angeles-based private investment company Aurora Capital Group agreed to acquire National Technical Systems (NTS) for USD 23 per share.
Latin American restaurant reservation platform scored USD 13.3 million in Series B funding round. Restorando raised USD 13. 3 million for its Series B round.
Cuadrilla Resources suspended its oil drilling exploration in Balcombe as anti-fracking protests intensified.
Land auction for the economic zone in Shenzhen failed to draw property developers from Hong Kong. Despite the hype that accompanied the economic zone development in Shenzhen, Hong Kong property tycoons were not lured to bid in the recently-completed land auction.
