Israel's IDB Development Corp agreed to sell 49.9 percent out of its 60.5 percent stake in Clal Industries and Investments (CII) to U.S.-based Access Industries .
Deals
UrgentRx Secures Additional Funding, Prepares for National Expansion
Colorado start-up UrgentRx today has closed on a $3 million Series B round of financing, lead by Los Angeles-based venture capital fund JUMP Investors.
Alibaba buys back stake held by Yahoo for $7.1 billion
Chinese Internet entrepreneur Jack Ma's Alibaba Group is buying back up to half of Yahoo Inc's 40 percent stake for $7.1 billion.
Vodacom says will fight on to keep Congo unit
South Africa's Vodacom said it will fight a court ruling that it must pay $21 million in consultancy fees or submit to the mandatory sale of its shares in its joint venture in the Democratic Republic of Congo.
Formula One to start pre-marketing $3 bln Singapore IPO-source
Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering on May 22.
Latest News
Pressure on the mining industry amid a global economic slowdown has not deterred a handful of mining companies from tapping the high-yield market with five deals emerging in recent weeks.
Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday.
Private equity-backed CKE Inc filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.
Australian private equity fund Pacific Equity Partners (PEP) has approached potential buyers for its share-registry business Link Group.
Japan-based online retailing giant Rakuten is leading the latest $100 million round of funding in U.S. social networking site Pinterest.
Kohlberg Kravis Roberts & Co. L.P. today announced a $150 million growth equity investment in Fotolia.
GE Antares, a unit of GE Capital served as administration agent on a $555 million senior secured credit facility to TricorBraun Inc.
