Deutsche Telekom would be buying GTS Central Europe from private equity firms in a EUR 546 million transaction.
Sectors
BCGP seeks more funding for regional trail network
The Bicycle Coalition of Greater Philadelphia requested for USD3 million funding from the Delaware Valley Regional Planning Commission for its regional trail network project.
Nitro Circus merges with touring company
Extreme athletics showcase Nitro Circus announced it would become one with the touring company that helped produce its live programs.
Commonwealth Bank of Australia approves on AUD 2.83 billion Dexus Property Group, CPPIB offer
The AUD 2.83 billion offer from Dexus Property Group and the Canada Pension Plan Investment Board for the Commonwealth Bank of Australia's listed trust was accepted by the lender.
China Investment Corp, Blackstone close to agreement on Chiswick Park- FT report
A report from the Financial Times said China Investment Corporation was nearing a deal to buy Chiswick Park from Blackstone.
Latest News
A Reuters report said a change in the US Federal Reserve's bond-buying program might come out from its officials as several of them, including vice chair Janet Yellen, would have speaking engagements next week.
Data from the US Department of Transportation did not indicate a true picture of airline fares. Although a US Department of Transportation said airline fares in the US had been falling, observers cautioned that this was not the case.
US Department of Transportation found that US Airways Group was guilty of not providing standard disability services to its passengers.
US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.
Consumer web companies had been filling the IPO lull typically experienced during the holiday season, said Reuters.
Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.
The government of France had taken plans to pay debts incurred from the collapse of Credit Lyonnais, said a Reuters report.
Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.
Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
