Three US investment companies reportedly placed bids for the Irish properties of Lloyds Bank. Sources told Bloomberg that Lone Star Funds, Apollo Global Management and Goldman Sachs Group Inc had placed bids for the Irish properties that were put up for sale by Lloyds Banking Group.
Sectors
US team leads by one at close of Day One of Presidents Cup
Tiger Woods and the rest of the members of the US team led by one point over the International team on the first day of the Presidents Cup.
Etihad Airways- Jet Airways deal goes to anti-regulatory authorities
The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
MongoDB secures USD 50 million in financing
MongoDB announced that it was able to score USD 150 million in financing from various investors. Data management firm MongoDB said it was able to raise USD 150 million in capital commitments from its latest financing round.
Gannett raises USD1.25 billion for Belo acquisition
The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
Latest News
Strathspey Crown acquired Evolus, giving its subsidiary Alphaeon Corporation the exclusive license to market the neurotoxin developed by Daewoon Pharmaceutical.
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.
Rosneft deputy chairman Andrey Kostin said that even if the buyout of the minority share of TNK-BP Holding garnered criticism, the deal had followed good governance and legal practices.
Although Samsung Electronics Co released its projected operating profits for the third quarter, investors were becoming anxious about the company's ability to return cash to its shareholders.
US buyout firm TPG had opened discussions with Manappuram Finance for a possible minority shareholdings.
Confie Seguros bought three insurance brokerages located in New York and Texas for an undisclosed amount.
Solera Holdings said it would be buying USD 289 million worth of equity interest in Service Repair Solutions Inc from Welsh Carson Anderson & Stowe via a joint venture agreement.
