Mobility gets creditor protection as it prepares for buyout

Canadian wireless telecom company Mobilicity said on Monday that it had obtained approval of a CAD30 million or USD29.2 million debtor-in-possession financing in preparation of its buyout by an anonymous buyer.


Adveq closes Secondaries II fund with USD 175 million

Adveq closed its Adveq Secondaries II fund at its hard cap of USD 175 million. Adveq announced the close of its Adveq Secondaries II fund with USD 175 million.

Tribeca to acquire GBP 130 million worth of Mayfair real estate- sources

Sources told Bloomberg that Tribeca Holdings would be buying prime real estate in London's Mayfair district valued at GBP 130 million.

Sacyr eyes sale of Vallehermoso property unit

Spanish property builder Sacyr announced the possible sale of its Vallehermoso unit. Spain-based builder Sacyr SA would be selling its property development unit in Vallehermoso.


Latest News

NBA 2K14, the latest update of the popular video basketball game, would be launched on October 1. The new version of the video game NBA 2K14 would be launched on October 1, according to CBSSports.
Grand Theft Auto Online would be launching on October 1, Rockstar confirmed. Rockstar Games has confirmed to video and entertainment site IGN. com that Grand Theft Auto Online would go live on October 1 at 4am PacificStandard Time.
On Tuesday, Power group EDF confirmed an early press report that it has started talking to Dalkia France to acquire public lighting and urban electrical equipment company Citelum.
Rockstar North warned enthusiasts of possible problems with the online version of GTA 5 set to go live today.
Telecoms group SoftBank Corp founder Masayoshi Son was said to have purchased Tiffany Building for USD326 million, according to people who were familiar with the transaction.
Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.
Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.
Mercator had appointed BMO Capital Markets to lead a potential sale of the company after sales slumped, said a Bloomberg report.
According to a Bloomberg report, Brookfield Property intends to acquire the stake it doesn't own in Brookfield Office to consolidate both firms as one.