UAE firm acquires US retail chain for 300 million dollars
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A Dubai government-controlled investment firm has announced its 300-million-dollar acquisition of New York-based retail chain Loehmann&#039;s, which had gone bankrupt seven years ago.
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The Japanese retailer eyes acquisitions to spur U.S. growth.
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Kmart Holding Corp and Sears, Roebuck and Co said Wednesday that they are merging to form a new retail company called Sears Holdings Corp that will be the US&#39; third-largest retailer with about US$55 billion in annual revenues.
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Fast Retailing's  surprise $900 million bid for Jones Apparel Group's  Barneys New York underscores the Japanese clothing retailer's dream to become a global player and find growth outside its mature home market.
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Department store group Sears and discount retailer Kmart say they are to merge in a $11bn deal, becoming the US's third largest retailer.
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UnitedHealth Group Inc. (UNH.N: Quote, Profile, Research) on Monday said it would buy Definity Health Corp. for $300 million, as the No.
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Global Tower Partners, a U.S. wireless  tower operator, is to be bought by a consortium of  infrastructure funds managed by members of Australia&#39;s  Macquarie Group.
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Kmart, which emerged from bankruptcy just last year, announced yesterday it would buy Sears for $11 billion to create the country&#39;s third-largest retailer.
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Children's Place Retail Stores Inc.  PLCE.O on Wednesday said it will buy Walt Disney Co.'s  DIS.N chain of North American retail stores and pledged to  invest $100 million in them.
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Kmart is acquiring Sears, Roebuck &amp; Company for $11 billion with the combined estimated earnings of the two making it the third-largest retailer in the United States.
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The company struck a deal to acquire BlueLithium, the fifth-largest online advertising network, for $300 million.
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Dubai Ports World, the Arab-owned firm whose purchase of American port facilities caused a U.S. political uproar, will join a program aimed at stopping nuclear weapons being smuggled into the United States, sources familiar with the agreement said on Thursday.
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Home Depot, America&#39;s biggest home products retailer, reached a deal to sell its wholesale supply arm for over 10 billion dollars to three private equity firms, US media reports said Tuesday.
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Jones Apparel Group Inc.  said on Thursday it received an unsolicited bid from Fast Retailing Co. Ltd.  to acquire Barneys New York Inc. for $900 million, which tops Jones' existing pact to sell the upscale clothing chain for $825 million.
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Dubai Ports World agrees to sell its six US ports to an American firm after politicians voiced fears over security.
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The Internet retailer announces its plan to acquire Audible.com in a deal valued at $300 million.
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J Sainsbury, the country&#39;s third biggest supermarket, said Wednesday it had received a takeover approach from a Qatari investment group.