BAM sells U.S. business, hikes 2007 targets
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Dutch builder Royal BAM Groep  said on Tuesday it is selling its U.S. subsidiary Flatiron Construction Corp for 172 million euros ($242.7 million) to Germany's Hochtief AG  and raised its 2007 sales and profit targets.
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International Management Group, a leading sports and celebrity management and marketing firm that has represented athletes such as Tiger Woods, Joe Montana and Derek Jeter, is being sold to funds assembled by a New York buyout specialist firm for an
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he Rouse Company, the mall developer and manager that has helped reshape the nation&#39;s landscape, agreed yesterday to be acquired by General Growth Properties, the big owner of shopping centers, for $7.
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The M.T.A., in an effort to raise more than $1 billion, wants to sell or lease many of its 14,000 properties.
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Bayer AG, the German drug and chemical company, has agreed to sell its plasma products business for $590 million in cash and stock to the private U.S. investment groups Cerberus Capital Management and Ampersand ...
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When Beacon Capital Properties LLC bought the John Hancock Tower in the Back Bay 3 1/2 years ago for nearly $1 billion, some in the industry thought its highly successful chief executive, Alan Leventhal, had finally paid too much for a property.
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Tyco International Ltd.  aims to  rely on gaining ground in its core markets, including fire and  security systems, and increase core revenue 4 percent to 6  percent annually after it spins off its electronics and  health-care business, company officials said on Tuesday.
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Ahold today announced it has entered into an agreement to sell its US retail subsidiaries BI-LO and Brunoâs to an affiliate of the Lone Star Funds for total cash proceeds of up to $660 million.
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Anheuser-Busch Cos. Inc. , brewer of Budweiser and Bud Light, said on Tuesday it expects revenue per barrel to rise in 2007, with price increases planned for early next year.
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The Dutch retail giant Ahold said Tuesday it had finalised the sale of its US division US Foodservice to private equity funds Clayton, Dubilier, Rice and Kohlberg Kravis Roberts for 7.1 billion dollars (5.2 billion euros).
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Brookfield Properties Corp.   on Monday forecast 2007 funds from operations above analysts' expectations and said it plans to sell 30 million shares.
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Tyco International Ltd.  aims to gain ground in its core markets, including fire and security systems, increasing core revenue 4 percent to 6 percent annually after it spins off its electronics and health-care business, company officials said on Tuesday.
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BERLIN - Bayer AG, the German drug and chemical company, has agreed to sell its plasma products business for $590 million in cash and stock to the private US investment groups Cerberus Capital Management and Ampersand Ventures.
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The amusement park operator has some new deals to bounce back in 2007.
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Another of Greater Baltimore&#39;s marquee companies will soon have out-of-state ownership, as Chicago-based General Growth Properties Inc. announced Friday morning it will buy the Rouse Co. for $7.2 billion.
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A management resignation and light earnings provide a buying opportunity.
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Shorenstein Co. LLC of San Francisco and the State Teachers Retirement System of Ohio this week completed the sale of Bay Colony Corporate Center office park in Waltham to Beacon Capital Partners LLC for $272.5 million. Cushman &amp; Wakefield of Massachusetts represented the sellers in the sale of the 987,923-square-foot, four-building complex on Route 128 overlooking the Cambridge Reservoir. The ...