Alkotas Point purchased by German fund
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U.S.-owned property developer AIG/Lincoln Hungary has sold Alkotas Point, a 24,000 square-meter office building in Budapest's District 12, to German investment fund operator SachsenFonds GmbH, the BBJ learned ...
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TORONTO (CP) - Shares in car-parts maker ThyssenKrupp Budd Canada Inc. gained as much as 80 per cent Monday after its German-controlled parent presented an offer to buy out minority shareholders.
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Swedish-Dutch chemicals and paints group Akzo Nobel's announced Wednesday that it had completed the purchase of peer ICI.
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Argosy Gaming Co., the owner of Sioux City&#39;s riverboat casino, has been sold to Penn National Gaming Inc. in a $1.4 billion deal that would create the nation&#39;s third-largest operator of casinos.
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Real estate investment trust Archstone-Smith  will be acquired by real estate company Tishman Speyer and investment bank Lehman Brothers Holdings  for $22.2 billion, including debt, the companies said on Tuesday.
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LAS VEGAS -- Station Casinos Inc.'s board of directors has accepted a revised buyout offer from its founding family and a unit of the real estate firm Colony Capital LLC for about $5.5 billion, people familiar with the matter said yesterday.
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Food-service and facilities  management company Aramark Corp.  on Tuesday accepted a  higher $6.3 billion offer to be bought out by a group led by  its current chief executive and several investment funds.
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This fund combines the Pacific Rim and Europe.
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Steel company ThyssenKrupp AG said Wednesday it has sold some 48,000 residential housing units in western Germany for &#36;2.8 billion to a consortium of real estate funds of U.S. bank Morgan Stanley and Germany's Corpus-Immobiliengruppe.
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Meggitt, a British engineering and manufacturing company, agreed to buy K&F Industries Holdings of White Plains, N.Y., for $1.1 billion. Meggitt, which specializes in aerospace, military and electronics products, will pay $27 a share of K&F, or 10 percent above the stockâs closing price on Monday. K&F makes aircraft wheels, brake systems and other parts.
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PITTSBURGH Alcoa says it plans to transfer development rights at a Brazilian bauxite reserve, which will translate to a boost of about 37 (m) million dollars in fourth-quarter earnings.
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LONDON (CBS.MW) -- Deutsche Bank (DB) Tuesday said it bought German asset manager Wilhelm von Finck AG to expand its Private Wealth Management franchise in Germany.
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New Boston Fund Inc., a growing real estate investment and development firm founded in 1993, bought the 116 Huntington Ave. office building for $68 million in December 2002, selling it for $77 million late last year. Jerry Rappaport Jr., president, spoke recently with Globe reporter Thomas C. Palmer Jr.
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By Mike Archbold, The News Tribune, Tacoma, Wash.  Jun. 18--Pierce County is closing in on the last two properties that would put the South Prairie-to-Buckley segment of the Foothills Trail into public ownership.
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Germany&#39;s troubled state-run bank SachsenLB was bought out by the Landesbank Baden-Wuerttemberg (LBBW) on Sunday to save it from bankruptcy after it was badly hit by the US subprime crisis.
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Swedish-Dutch chemicals and paints group Akzo Nobel's announced Wednesday that it had completed the purchase of British peer ICI.
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By Alyson Crean, Florida Keys Keynoter, Marathon  Dec. 16--Negotiations moved along more quickly than Monroe County Administrator Tom Willi had anticipated earlier this month; now a proposal to purchase the Lower Keys Geiger Key Marina is up for approval Wednesday.