French retailer Carrefour agreed to acquire a total of 27 shopping malls in Europe worth €2 billion or $2.75 billion from Klepierre, a Bloomberg report said.
leveraged buyout
Italian life and non-life insurance company Generali bought a 40% stake in Generali Asia for EUR40 million. Generali Asia is a joint venture of Generali and Banca della Svizzera Italiana in Switzerland.
Herbalife Ltd fourth largest shareholder Bill Stiritz said he would most likely take part in a leveraged buyout of the company, as the nutrition company is in the middle of pyramid scheme accusations by hedge fund manager Bill Ackman.
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
The financing aspect of the leveraged buyout of Dell Inc by CEO Michael Dell and Silver Lake Partners was discussed for finalization.
BlackBerry could go private to help improve market value.
The Eratome group received an investment worth Eur15 million from Omnes Capital.
Vue Entertainment sells bonds for LBO funding
Dell buyout will not push through at US$24.4 billion.
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