Purchase

RE/MAX LLC OKs 3 Independent Regions Purchase

RE/MAX, LLC has signed an agreement to purchase franchise of Georgia, Kentucky/Tennessee and Southern Ohio Regions. The acquisition is expeced to close before the end of the year.

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ChemChina plans to take over Syngenta

Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.

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Brentwood Associates affiliate acquires Allen Edmonds Corp.

The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.

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China Construction Bank Corp purchases majority shareholdings in Banco Industrial & Comercial SA

BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion.

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Graphite Capital purchases AMS for GBP260 million

Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.

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Allegations of raclal profiling hound Macy's and Barneys

Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.

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LinnCo's bid for Berry Petroleum under SEC review

The bid made by LinnCo for Berry Petroleum is but one of the transactions that the US SEC is reviewing.

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Blackstone becomes largest owner of rental properties

As it bought out properties post recession at 35% below market value, Blackstone had accumulated assets for rent to grow into a mature industry.

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Dubai Land to launch website

Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.

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Facebook CEO invests in real estate

Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home.

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Oman Oil Company acquires Oxea from Advent International

Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion.

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Alipay's parent firm purchases controlling stake in financial services company

In a move set to gain further foothold in the Chinese financial services sector, Alipay's parent company purchases asset manager.

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Allied Blenders & Distillers set to purchase Sentini Bioproducts

Allied Blenders & Distillers would pay INR300 crore for the purchase of Sentini Bioproducts.

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Bank Rossiya units seeking purchase of Tele2 from VTB

Applications with the Federal Anti-Monopoly Service was filed by two Bank Rossiya as they bid to purchase shareholdings in Tele2 from state backed bank VTB.

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Acino set to be purchased by Avista and Nordic Capital

The price of CHF398 million or USD439 million was paid by hedge fund firms Avista and Nordic Capital for Acino Holding.

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