Commonwealth Bank of Australia approves on AUD 2.83 billion Dexus Property Group, CPPIB offer

The AUD 2.83 billion offer from Dexus Property Group and the Canada Pension Plan Investment Board for the Commonwealth Bank of Australia's listed trust was accepted by the lender.


China Investment Corp, Blackstone close to agreement on Chiswick Park- FT report

A report from the Financial Times said China Investment Corporation was nearing a deal to buy Chiswick Park from Blackstone.

PitchBook gives data to guide business decisions of venture capital professionals- report

In an interview with GeekWire, PitchBook Founder John Gabbert said the company's online research tool would help venture capital and private equity professionals make better business decisions.

BHS faces rumors about foreign buyouts

British Home Stores (BHS) faced rumors about foreign companies trying to convince Sir Philip Green to sell the troubled department store chain.


Latest News

US Department of Transportation found that US Airways Group was guilty of not providing standard disability services to its passengers.
US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.
Consumer web companies had been filling the IPO lull typically experienced during the holiday season, said Reuters.
Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.
The government of France had taken plans to pay debts incurred from the collapse of Credit Lyonnais, said a Reuters report.
Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.
Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.
As the process to close the Fiat-Chrysler merger ongoing, automotive news site Autocar observed that Fiat had stopped its development plans on its Alfa Romeo vehicle series.
Prefundia's crowdfunding platform would now be accepting project proposals from the public. According to a report by tech news site Techcrunch, crowdfunding platform Prefundia was now opening its doors to the public after three months in beta.