Ivanhoé Cambridge announced it would buy a 50% stake in Place Ville Marie for more than USD 400 million.
Sectors
Hilton Worldwide prepares USD 12 billion debt refinancing package: sources
Sources said Hilton Worldwide was preparing for a debt refinancing package worth USD 12 billion before its IPO next year.
Soros adds 2 million shares to JC Penney portfolio, others exit
George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
Aboitiz Power looks into acquisition of state-owned power assets
Aboitiz Power expressed its interest to acquire some of the country's state-owned power assets.
Chile's BCI seeks approval from investors for capital hike
Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Latest News
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Cisco Systems announced it would be whittling down its workforce by 5%. Cisco Systems Inc announced it would be reducing its workforce by 5%. The move would affect 4,000 jobs.
Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.
Chad indefinitely suspended China's CNPC oil operations in the country. All drilling activities by China National Petroleum Corporation's subsidiary in the Republic of Chad were indefinitely suspended.
The New York Times' website was down for about 2 hours earlier today. New York Times readers were unable to access its website for about 2 hours earlier today.
The EU approves the joint venture to create a new mobile commerce venture in Spain. A new venture that focuses on the future of mobile commerce in Spain has been approved by the European Commission.
Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.
American Capital Energy & Infrastructure appointed Abhay Pande as its new Managing Director to help the firm build its Asian platform.
Carey Watermark Investors bought Raleigh Marriott City Center from Interstate Hotels & Resorts for USD 89 million.
