Disa bought Primtemps, a French department store from Deutsche Bank and Murizio Borletto. Italian entrepreneur Maurizio Borletti and the Deutsche Bank successfully sold one of France's largest department store chains to Divine Investments SA (Disa).
Investors
Starwood Capital Group clinches Liberty Center for USD 135 million
Starwood Capital Group clinched the sale of Liberty Center for USD 135 million from Forest City Enterprises and Jos Muscarelle.
Indonesia's investment climate worsens
According to Indonesia's Bureau for Statistics, global demand for the country's assets remained unattractive to foreign investors.
Social management app HootSuite raises US$165 million
HootSuite gained US$165 worth of Series B funds from several investors today. HootSuite, an application catering to Twitter users, announced today that it has gained more funds worth US$165 million for its Series B fundraiser.
Silver Lake, Dell sweeten merger deal
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
Latest News
Kazakhmys Plc and its shareholders announced that they are have approved the bid from ENRC founders for stake sale.
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
Ross McEwan, the new CEO for the Royal Bank of Scotland, was tasked to start selling bank stake once he comes to office in October.
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
The Confederation of Indian Industries said that now is the time when India needs foreign direct investments the most.
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
RSA's shares gained ground today after losing due to bad weather conditions in Canada. Shares of RSA Insurance Group gained momentum today after stumbling from its 33% dividend slash early this year.
PureCars bought Ronin Solutions and augments its SmartAdvertising Program. Ronin Solutions was bought by PureCars for an undisclosed amount. The latter, which offers products and services to help automotive dealers improve their business, was featured in the June 2013 edition of Digital Dealer.
Ageas SA announced that the company will return EUR200 million to shareholders and investors. Ageas SA announced that they will return an additional EUR200 million euros or US$264 million to its investors through a buyback deal.
