Acquisition

GE Capital Real Estate acquires USD2.3 billion in real estate loans from Deutsche Postbank

The real estate loan portfolio GE Capital Real Estate acquired from Deutsche Postbank contained commercial property loans that had been backed against prime real estate located in central London, France and Germany.

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Lone Star Funds acquires 23 buildings from State Farm Mutual Automobile Insurance Co

John Grayken's private equity company Lone Star Funds had bought 23 buildings from State Farm Mutual Automobile Insurance Co. Lone Star would be leasing the properties back to the insurer.

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CEPSA takes over Coastal Energy Co. For CAD2.3 billion

Spanish multinational oil firm CEPSA bought Canadian Coastal Energy Co. for CAD2.3 billion (USD2.21 million) including debt. CEPSA will pay CAD19 per Coastal Energy share in cash.

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Newcastle Investment Corp agrees on USD 1.01 billion purchase of 52 senior housing properties

Forstress Investment Group unit Newcastle Investment Corp said it will be purchasing a portfolio of 52 senior housing properties from Holiday Acquisition Holdings for USD 1.01 billion.

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CareFusion Corp enters agreement to purchase Vital Signs from General Electric unit for USD500 million

CareFusion Corp's acquisition of Vital Signs from GE Healthcare was considered strategic as the former aimed to expand its anesthesiology and respiratory care business while saving up to USD15 million in annual costs.

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Majority shareholder seen as hurdle to yeo Hipa Seng's takeover - analysts

Potential investors would be having difficulty acquiring a majority ownership stake in beverage company Yeo Hiap Seng Ltd due to the Ng family, who had a controlling interest in Yeo's via Far East Organization.

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Oracle acquires Bitzer Mobile for bring-your-own-device business

Oracle Corp made an announcement on its website via a redirect from Bitzer Mobile's site link that it had acquired the startup at an undisclosed amount to expand its business in the bring your own device (BYOD) market.

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Frutarom enters agreement to acquire 75% of PTI for USD50.3 million

Terms of Frutarom Industries' definitive agreement to acquire Protein Technologies Ingredients (PTI) included an option to acquire the remaining 25% interest from minority shareholders in the next three years.

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Israeli newspaper reports Apple acquisition of chip maker PrimeSense for USD 345 million price tag

According to financial newspaper Calcalist, Apple had bought Israeli chip maker PrimeSense for a USD 345 million. However, PrimeSense said it did not relate to rumors made about its customers and partners.

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Aberdeen Asset Management nears acquisition of SWIP from Lloyds Banking Group- report

A report from The Sunday Times said Aberdeen Asset Management was close to reaching a deal to acquire Scottish Widows Investment Partnership from Lloyds Banking Group.

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Apple purchases Tel Aviv-based PrimeSense for USD345 million - report

According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.

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Cooper seeks Supreme Court ruling forcing Apollo to close USD2.3 billion merger

American tire company Cooper Tires & Rubber Co. seeks to obtain a Supreme Court ruling forcing India's Apollo Tyres to complete the merger. The USD2.3 billion deal would make Apollo the seventh-biggest tire maker in the world.

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Ryan Corporation UK pays GBP 100 million to build tallest residential building in Europe

Ryan Corporation UK acquired a site in Canary Wharf, a business district in London, for GBP 100 million. The property company owned by Tom Ryan aimed to build a residential building that will tower over the highest building on the site.

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Deutsche Telekom acquires landline based GTS Central Europe

GTS Central Europe would provide expanded services through landline infrastructure to its purchaser Deutsche Telekom.

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Essilor International acquires sunglass maker Costa

Essilor International paid USD21.50 per share for Costa purchase.

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