Aug 26, 2013 | MENA, News, North America
Bloomberg 22 Aug 2013 White Mountains Insurance Group Ltd. (WTM) offered to pay 1.1 billion shekels ($308 million) for IDB Development Corp.’s 55 percent interest in Clal Insurance Enterprises Holdings Ltd. (CLIS) The offer will expire unless accepted by 5 p.m. today...
Aug 26, 2013 | News, Western Europe
Reuters Deutsche Wohnen (DWNG.DE) offered to buy rival residential landlord GSW Immobilien (GIBG.DE) for 1.8 billion euros ($2.3 billion) to expand in Berlin’s booming rental market and tap nascent interest from international investors. The all-share deal would...
Aug 26, 2013 | News, North America, Southeast Asia, Western Europe
Reuters GIC Pte., the Singapore sovereign-wealth fund, is the buyer of Blackstone Group LP (BX)’s stake in London’s Broadgate office complex, according to two people with knowledge of the transaction. GIC is buying 50 percent of Broadgate, a cluster of 16 office...
Aug 26, 2013 | Central & Eastern Europe, News, North America, Russia
The Moscow Times WASHINGTON — Russian-American venture capital firm Almaz Capital has expanded its Silicon Valley team, adding a new managing director and a new investment chief, the firm has announced. Ross Hangebrauck, a former Navy SEAL, financial adviser and...
Aug 26, 2013 | China, East Asia, News, Oceania
Reuters A private Chinese coal company said it plans to launch a $160 million offer for Inova Resources Ltd, offering a 29 percent premium for the Australian copper and gold miner controlled by Rio Tinto’s Turquoise Hill Resources. Shanxi Donghui Coal Coking...
Aug 26, 2013 | Africa, China, East Asia, News, South Africa
Bloomberg Sibanye Gold Ltd. (SGL), the South African miner spun off from Gold Fields Ltd. this year, will acquire a majority stake in Gold One International Ltd. (GDO)’s Cooke Operations west of Johannesburg in an all-share transaction. Sibanye will issue new shares...
