A USD109 million investment was made by TPG Capital in Xinyuan Real Estate. TPG Capital was advised by Ropes & Gray on the completion of a strategic investment in Xinyuan Real Estate Co.
Sectors
Merkel headed for narrow victory
The latest German elections predicts a win for Chancellor Merkel with a slim margin. German Chancellor Angela Merkel, according to pollwatchers, would most likely win but had to fight to the last vote to keep her majority in the German parliamentary elections.
JP Liquids acquires HPI assets
JP Liquids LLC announced the acquisition of Highway Pipeline Inc's assets through an agreement recently formalized.
Starboard Value supports Shanghui offer for Smithfield
Due to the lack of competitive offers, Starboard Value throws its support behind Shanghui's bid for the takeover of Smithfield.
Versace s to find partner by year's end
Italian fashion house Versace announced through its CEO Gian Giacomo Ferraris that the company had been expected a final shortlist of buyers interested in the company's minority stake by mid-October.
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Branding Brand was chosen by investors to develop a mobile commerce platform for retailers. The largest mobile commerce platform to major retailers, Branding Brand, announced that it secured USD9.
Warren Buffett, the billionaire head of Berkshire Hathaway, said that a possible standoff on the debt ceiling would be costly.
Seeing a possible windfall of money from oil and gas rich investors, Britain is urging banks to create instruments to address the USD2.6 trillion market by 2017.
The return by Egypt of USD2 billion to Qatar is a sign of growing tensions between the two countries.
Investors and analysts would be closely watching how many units Apple's new iPhones would sell on opening weekend.
Users take to social media to air their frustration when they failed to successfully download Apple's newest operating system, the iOS 7.
Joy Covey, Amazon's former CFO, has passed away. The former Chief Financial Officer of Amazon was killed while riding her bicycle on Wednesday afternoon.
Venture capitalists mourned the death of colleague Joy Covey, first CFO of Amazon. Venture capitalists remember Joy Covey as woman who steered Amazon through its toddler years.
The Indian telecom department is nearing the completion of the new policy guidelines to govern the mergers and acquisitions in the industry.
