FRANKFURT - Private equity investor Round Hill Capital and other co-owners of Vitus Immobilien have entered advanced talks to sell the German property group to Deutsche Annington , two sources familiar with the transaction said on Thursday.
FRANKFURT/ZURICH - Private equity fund CVC is preparing to divest Sunrise, Switzerland's second-biggest mobile operator, after failing to merge it with a peer in 2010, four people familiar with the matter said.
- American Airlines Group Inc said on Thursday it ordered 90 regional jets from Embraer SA and Bombardier Inc in deals worth about $4 billion at list prices as it upgrades to a more efficient fleet to lower operating costs.
TORONTO/WINNIPEG - The Canada Pension Plan Investment Board (CPPIB) said on Thursday it had agreed to acquire the assets of Assiniboia Farmland, a fund that owns and manages a large portfolio of farmland in Saskatchewan, for about C$128 million.
- Nord Anglia Education, a Hong Kong-based school operator, has hired banks for an initial public offering that could come next year, according to sources familiar with the matter.
LONDON - Bankers are preparing leveraged debt financing of up to 700 million euros ($962.7 million) for the planned sale of a minority stake in veterinary pharmaceutical firm Ceva Santé Animale next year, banking sources said on Thursday.
BARCELONA - Barcelona have agreed a sponsorship deal with Intel under which the chipmaker's logo will be printed on the inside of players' shirts, the Spanish champions announced on Thursday.
PARIS - China Telecom has picked Alcatel-Lucent to supply its next-generation 4G technology for a nationwide trial of high-speed mobile broadband, the French telecom gear maker said on Thursday.
TORONTO/WINNIPEG - The Canada Pension Plan Investment Board said on Thursday it has agreed to acquire the assets of Assiniboia Farmland, a fund that owns and manages a large portfolio of farmland in Saskatchewan, for about C$128 million.
FRANKFURT/BRUSSELS - EU antitrust regulators will open an in-depth probe into Telefonica's proposed 8.6 billion euro ($11.9 billion) takeover of KPN's German unit next week, three people familiar with the matter said on Thursday.
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.