North America
US$44 Million Loan for Resource Capital
Resource Capital lands US$44 million loan. Resource Capital Corp announced today that it was able to close a US$44 million bridge loan. The loan was attained by using the 186,000 square foot grocery anchored shopping mall in Los Angeles, California as collateral.
Shareholders Approve Heinz Buyout
Heinz shareholders approve Berkshire Hathaway-3G Capital buyout bid. Heinz is nearing total privatization. In an announcement, Heinz shareholders approved the acquisition by Berkshire Hathaway and 3G Capital.
Generali Reconfirms Sale of BSI and Generali USA
Generali reiterates sale of BSI and Generali USA to shore up capital reserves for Generali CEO Mario Greco.
Softbank Will Not Modify Offer for Sprint Nextel
Softbank will not modify the terms of its offer according to billionaire founder Masayoshi Son. In a statement, Softbank Corp said that its offer for 70% of Sprint Nextel Corp at US$20.