Hilton sells Scandic to EQT for $1.1 billion
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Hilton Hotels Corp.  said on  Friday it agreed to sell the Scandic Hotel chain to European  private equity group EQT for about $1.1 billion as it seeks to  reduce debt.
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Business & money: American private equity company Blackstone swoops on the Hilton Hotels empire.
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German industrial conglomerate MAN AG   will offer cash and shares to buy Scania AB (SCVb.ST)  in a bid that values the Swedish truckmaker at 9.6 billion  euros ($12.2 billion) in total, MAN said early on Monday.
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Real estate investment trust   Hospitality Properties Trust HPT.N on Monday said it agreed   to buy TravelCenters of America Inc., which operates food and   gas service stations along highways, for about $1.9 billion.
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Sun Microsystems, the large U.S. seller of open-source software, said it would buy MySQL, the world leader in open-source database software, for $1 billion.
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Argosy Gaming Co., the oldest riverboat-casino operator in the St. Louis market, said Wednesday that it will be bought out for $1.
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InterContinental Hotels Group Plc (IHG.L: Quote, Profile, Research) said on Friday it was selling 13 hotels to Hospitality Properties Trust (HPT.
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PQ Corp., the specialty chemicals business, said on Friday it was being sold to private equity buyout firm Carlyle Group  for $1.5 billion.
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Canadian Pacific Railway Ltd  has agreed to buy the Dakota, Minnesota & Eastern Railroad Corp (DM&E) for at least $1.5 billion in cash to boost its network and provide the deep pockets to fund a project to gain access to the coal-rich Powder River Basin.
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U.S. private equity firm Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion cash, the richest in a series of recent private equity offers for hotel companies.
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Global Hyatt, the hotel company controlled by the Pritzker family of Chicago, said Wednesday that it would sell a minority stake to a group of investors, including Goldman Sachs Capital Partners, for $1 billion. The deal, which is the latest step in the familyâs restructuring of its holdings, seemed to damp speculation that Hyatt is headed [...].
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Blackstone Group's  agreed deal to buy Hilton Hotels Corp.  this week showed that buyout firms will happily layer big premiums on the right target and can still feel confident about debt financing.
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World stock markets rose Wednesday and European indexes were buoyed after Hilton Hotels agreed to be bought by the equity firm the Blackstone Group.
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Hyatt broadened its high-end hotel brand Thursday by purchasing the 143-hotel AmeriSuites chain for $600 million. The acquisition from private equity investor Blackstone Group increases Hyatt&#39;s existing 90,000
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The company said it is selling the unit to Standard Chartered for nearly $1.1 billion so it can focus on its core credit card business.
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Ashford Hospitality Trust Inc., a real-estate investment trust specializing in hotels, on Monday said it agreed to buy a 21-hotel portfolio controlled by affiliates of the Fisher Brothers, the Gordon Getty Trust, and George Soros for $85.3 million plus
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The Blackstone Group sold the majority of its property holdings in Germany to institutional investors for about 1.6 billion euros ($2.1 billion), the company said yesterday. Blackstone said it had sold a majority stake in its Vitus subsidiary to a consortium including Round Hill Capital and Morley Fund Management, the wealth-management unit of the British insurer Aviva. Blackstone bought Vitus, which has more than 31,000 apartments, from a German holding company, WCM, at the end of 2004.