Financial Services & Real Estate Headlines

American Realty Capital Properties to buy trust for $3.1 billion

- American Realty Capital Properties Inc (ARCP) said it would buy American Realty Capital Trust IV (ARCT) for $3.1 billion in cash and stock to expand in the net-lease sector, where tenants pay most of the operating costs.

Japan's MUFG says agrees to buy $5.61 billion stake in Bank of Ayudhya

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TOKYO - Mitsubishi UFJ Financial Group (MUFG) said on Tuesday it had agreed to buy up to 75 percent of Bank of Ayudhya Pcl , Thailand's fifth-largest lender, in a deal worth 560 billion yen ($5.61 billion).

Mon, Jul 1 2013

Japan, Canada investors to buy U.S. power plant for $2 billion: Nikkei

TOKYO - A consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.

Conergy nears deal with Asian investor: sources

FRANKFURT - Germany's Conergy is close to striking deal that would see an Asian investor take a substantial stake in the company, once Europe's top solar group, two people familiar with the matter told Reuters.

Exclusive: U.S. drug firms vie to take stake in Celesio - sources

FRANKFURT - Two U.S. drugs distribution groups McKesson Corp and Cardinal Health Inc are both in talks to possibly take a stake in German drugs company Celesio , two industry sources familiar with the situation said.

France to sell ADP stakes to Vinci, Credit Agricole

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PARIS - France will sell stakes in Paris airport operator ADP of 4.69 percent to construction group Vinci and 4.81 percent to Credit Agricole Assurances , Finance Minister Pierre Moscovici said.

Sun, Jun 30 2013

France to sell ADP stakes to Vinci, Credit Agricole

PARIS - France will sell stakes in Paris airport operator ADP of 4.69 percent to construction group Vinci and 4.81 percent to Credit Agricole Assurances , Finance Minister Pierre Moscovici said.

Fund firms' boycott threat could hurt Lloyds stock sale

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LONDON - Just as Britain's government is trying to clear a path for the politically sensitive sale of its 39 percent stake in Lloyds bank, resentment is brewing among the investors who would be expected to buy the stock.

Saudi Mobily in $650 million financing deal with Ericsson, NSN

DUBAI - Saudi Arabia's Mobily has signed memorandum of understandings with Nokia Siemens Networks and Ericsson to fund the purchase of $650 million of equipment from the firms, the telecom operator said on Sunday.

Fri, Jun 28 2013

Itaú Unibanco agrees to buy Citi Uruguay's retail bank unit

SAO PAULO - Itaú Unibanco , Brazil's largest bank by market value, said on Friday its Uruguayan unit had signed a deal to buy Citi Uruguay's retail banking operations, assuming more than 15,000 clients with more than $265 million in deposits.

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McCain, Biden coming together for Sedona, Arizona forum

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.