Economic turmoil is bad for private equity firms - report

A Bloomberg report said that private equity firms should be wary about purchasing assets during an economic downturn.

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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.

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Polish Central Bank Governor says do business "in a smart and intelligent way"

Marek Belka, Poland's Central Bank Governor, had urged local banks to find opportunities through purchase of local rivals that are owned by foreign banks.

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Aegis seeking 'tuck-ins' as acquisitions

Aegis is looking at Asia, Europe and South America for possible acquisitions called 'tuck-ins'.

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Poplar Partners starts searching for potential acquisitions

Poplar Partners announced today that it had started its search for possible acquisitions in companies that have annual cash flows between USD1.5 and USD7 million.

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BBC Worldwide, Ragdoll Productions sell "Teletubbies" to DHX Media

BBC Worldwide and Ragdoll Productions sold "Teletubbies" to DHX Media.

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Lockheed Martin sees more acquisitions after Amor Group

US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.

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American Surgical Assistants acquires ProAssist Surgical Associates

Great Point Partners announced the acquisition of ProAssist Surgical Associates by its subsidiary firm American Surgical Assistants.

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Acquisitions drive value of hearing-aid makers- Nordea

Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.

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Groupon Getaways acquires Blink

Blink, the online travel app was purchased by Groupon for an undisclosed amount.

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Microsoft's record of deals patchy at best- Factbox

Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.

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Otsuka Holdings agrees on about USD 900 million Astex Pharma purchase

Japanese drug manufacturer Otsuka Holdings said it would be acquiring Astex Pharmaceuticals for close to USD 900 million.

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CIBC seeks CAD1 billion wealth management acquisitions

The Canadian Imperial Bank of Commerce said that it had been seeking CAD1 billion wealth management acquisitions as it tried to boost profit.

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Investment One Financial Services buys NIGFUND from Fidelity Bank

Investment One Financial Services Ltd purchased the Nigeria International Growth Fund for an undisclosed amount.

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Pentagon says foreign investment still encouraged in the US

Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.

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