Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
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Secret Service looking into possible data breach at Texas' Michael Stores
The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
U.S. Bank to replace customers' debit cards after data theft at US retailer Target
The data theft at American retailer Target that happened between November to December last year prompted a bank to replace all customer debit cards involved in the breach, with the new cards to be sent out soon.
Target acknowledges data breach extended to encrypted PIN
US retailer Target said that the data breach involving some 40 million of its credit and debit cards included encrypted personal identification numbers, the Financial Times reported.
Alceon snaps up Mirvac shopping centers in Australia for $100M
Australia-based funds management group Alceon has acquired two shopping centers from Mirvac Group in a deal valued at $100 million as part of the listed group's non-core disposal program.
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Cinven has raised Eur5 billion for at most four acquisitions in Europe this year. Cinven, the renowned private equity firm, has projected that it would make at most four acquisitions in Europe.
