Property developer Deutsche Wohnen launched an all-share bid worth USD 2.34 billion for competitor GSW Immobilien.
Investors
Indonesian state pension funds increase purchases of stocks
Indonesia's two main state pension funds increased their stock purchases, which helped pare losses for Jakarta's battered share prices.
TT electronics plans GBP 100 million spending for bolt-on purchases
TT electronics said it intends to spend up to GBP 100 million for bolt-on acquisitions. UK-based electronics group TT electronics Plc revealed its plan to acquire bolt-on firms for its combined industrial sensing and control units.
Government's 'help to buy' equity loan offer boosts Persimmon's sales
The British government's 'Help to Buy' program increased Persimmon's spring sales.
Straumann eyes acquisition of low-cost dental rivals for over USD 400 million
The Straumann Group announced plans to purchase discount players in the dental implants market. Swiss-based dental implants maker Straumann Group said it plans to acquire rival companies that make low-cost brands.
Latest News
Fiat announced the renewal of its cooperation agreement with Brazilian bank Itau Unibanco. Fiat (acronym for Fabbrica Italiana Automobili Torino) renewed its commercial cooperation agreement with Itau Unibanco.
Private equity firms in China scrutinized on competency for international ventures. China's private equity firms are catching the attention of the financial industry.
Clustrix announces the new funding worth $10M from HighBar. Clustrix, the top scale-out SQL database contrived for the cloud, was granted a $10 million Series D financing by HighBar Partners.
Apple told supplier to begin shipping new Iphones beginning September. Apple Inc. has requested supplier Hon Hai Precision Industry Co. to start delivering the new Iphones early in September, according to The Wall Street Journal's reliable sources.
Australian Coca Cola distributor announced disappointment in its profits for the first six months. Coca Cola Amatil Ltd announces a substantial drop in its earnings.
Serbia's government posts on the possibility of selling Telekom Srbija AD. Serbia is not closing its doors in the possibility of selling its main telecommunications provider Telekom Srbija AD followed by the expression of interest of two main companies namely The Dogus Group Of Turkey and Sabanci Group.
Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.
Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.
