Billionaire activist investor Carl Icahn swapped his entire equity stake in eBay Inc for the same number of shares in PayPal Holdings Inc in the third quarter, Reuters News reported.
2 min read · 17 November 2015
Blackstone Group (BX.N), the world's largest alternative asset manager, is considering adjusting its investment strategy in the wake of last week's deadly attacks in Paris, Reuters News reported.
2 min read · 17 November 2015
Alternative asset management firm Audax Group has successfully raised its fifth private equity fund, amassing $2.25 billion and exceeding its $1.75 billion fundraising target, Reuters News reported.
1 min read · 17 November 2015
2 min read · 16 November 2015
2 min read · 16 November 2015
ICICI Bank, India's biggest private sector lender by assets, will sell a 6 percent stake in its life insurance joint venture in two separate deals worth a combined $296 million to billionaire Azim Premji and Singapore state investor Temasek, Reuters reported.
1 min read · 16 November 2015
China's CITIC Capital Holdings, a private equity firm, plans to list a subsidiary on the country's most active over-the-counter (OTC) equity exchange, the company said Monday.
2 min read · 16 November 2015
Two bidders remain in the race to purchase General Electric Co.'s (GE.N) Japanese commercial lending business, the Wall Street Journal reported on Sunday, Reuters News reported.
1 min read · 16 November 2015
Marriott International Inc (MAR.O) will buy Starwood Hotels & Resorts Worldwide Inc (HOT.N) in a cash and stock deal valued at $12.2 billion to create the world's largest hotel chain, Reuters News.
1 min read · 16 November 2015
Dutch pension fund manager APG Asset Management and Canada Pension Plan Investment Board (CPPIB) signed an agreement to own and develop logistics real estate in South Korea with warehousing developer e-Shang, with planned initial investments of $500 million, Reuters News reported.
1 min read · 16 November 2015
