Financial Services & Real Estate Headlines

Dell confidentially files for IPO of cybersecurity unit: WSJ

- Dell Inc, the third-largest personal computer maker, has filed confidentially for an initial public offering of its cybersecurity unit, the Wall Street Journal reported.

1:31pm EDT

Italy post office valued at up to 9.8 billion euros in IPO

MILAN - Italy's post office has set a price range for its initial public offering that values the state-owned behemoth at up to 9.8 billion euros ($11 billion) in what will be the country's biggest state sale in a decade.

1:17pm EDT

NY approves M&T's acquisition of Hudson City Bancorp


- New York's banking regulator on Friday said he had approved M&T Bank Corp's acquisition of Hudson City Bancorp Inc, paving the way for the merger to be completed on Nov. 1.

12:08pm EDT

Ladbrokes signs $2.1 billion facility to fund Coral deal

- Bookmaker Ladbrokes Plc said it had signed a 1.35 billion pound ($2.07 billion) facility with banks to fund its proposed merger with Gala Coral.

3:01am EDT

Thu, Oct 8 2015

China's Fosun on the prowl for European takeovers

FRANKFURT - Chinese investor Fosun International is looking for more acquisitions in Europe and particularly Germany to give it a range of businesses with strong links to China’s rising consumer classes, Fosun's chief executive said.

Deals, China, Germany 08 Oct 2015

Barclays, BoA Merrill to lead Israel's Zim NY IPO: sources

JERUSALEM - Bank of America Merrill Lynch and Barclays Plc will lead an initial public offering of Israeli shipping firm Zim on Wall Street next year, two sources familiar with the matter said on Thursday.

08 Oct 2015

Blackstone to buy BioMed Realty in $8 billion deal

- Blackstone Group LP agreed to buy BioMed Realty Trust Inc, a supplier of office space to healthcare companies, in a deal valued at $8 billion, adding to the private equity firm's huge real estate portfolio.

08 Oct 2015

China's Meituan, Dianping merging to form dominant O2O player

BEIJING/HONG KONG - China's two biggest online-to-offline (O2O) service providers, backed separately by rivals Alibaba Group Holding and Tencent Holdings, announced a merger, as Internet firms join forces to prosper in a highly competitive market.

Deals, Tech, China 08 Oct 2015

Wed, Oct 7 2015

Australia's Macquarie Group on trading halt amid acquisition rumors


SYDNEY - Macquarie Group's shares were placed on a trading halt on Thursday amid market rumors Australia's top investment bank will buy ANZ Banking Group's vehicle finance unit in a deal worth A$1.5 billion ($1.08 billion).

07 Oct 2015

Radio frequency equipment maker API Technologies in new sale talks: sources

- API Technologies Corp, a U.S. manufacturer of one of the world's largest selections of radio frequency equipment for defense sector applications, has revived efforts to sell itself, according to people familiar with the matter.

07 Oct 2015