BlackBerry resources could appeal investment

Analysts disclosed that BlackBerry's assets could attract investors.

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Mattel profit declines as Barbie struggles to remain relevant

The profit of Mattel Inc, the world's biggest toymaker, plunged again as Barbie's appeal fades.

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Nautic acquires Applied Consultants

Nautic Partners LLC said that it partnered with the management of Applied Consultants Inc to purchase Applied Consultants, Inc.

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Centerbridge to invest US$216 million in Focus Financial

Focus Financial Partners stated that Centerbridge Partners agreed to invest US$216 million in a deal that was expected to close in third quarter.

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Sources: GEA to target sale of private equity unit worth Eur1.3 billion

GEA would target private equity groups with its heat exchanger unit sale worth more than Eur1.3 billion.

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Discovery Minerals finalizes merger and acquisition of Deer Park Development Corporation

Discovery Minerals, Ltd. completed its merger and acquisition deal with Deer Park Development Corporation on an all-stock deal.

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AXA Private Equity purchases 40% stake in HISI, now owns 80%

AXA Private Equity acquired Unicredit's 40% stake in HISI which allowed it to own 80% of the company.

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CIT GAP Funds invests in Virginia's CirrusWorks

CIT GAP Funds invested in CirrusWorks with the hope to control networks used by managers easier, faster and more efficient.

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Deutsche Annington renews IPO, with lower goal

Deutsche Annington revived its initial public offering from Eur1.2 billion to just Eur575 million to Eur592 million.

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Heliae Newest Funding Round Raises US$28.4 Million

Heliae raise US$28.4 million from current and new investors to promote algae-based specialty merchandises.

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BlueCrest's BlueTrend hedge fund suffers 16.9% fall

BlueCrest Capital Management's BlueTrend hedge fund slumped by 16.9% that was expected to reflect a US$2.7 billion loss in the main fund.

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Pimco Total Return recorded US$9.9 billion withdrawals in June

Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.

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Rosneft acquires Itera Stake for US$2.9 Billion

Rosneft gained full control of Itera by buying its 49% shares worth US$2.9 billion so it could expand the oil business.

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US drug fims vying for Celesio's stakes

McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said.

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News Corp and 21st Century Fox starts trading

News Corp and 21st Century Fox started trading off their assets which gave investors the crucial choice between two different firms.

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