Equity firms bid $15.1b for Harrah's
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Harrah's Entertainment Inc. , the world's largest gambling company , is the target of a $15.1 billion offer by two private equity firms.
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American International Group , the world's largest insurer, said on Sunday it will offer its first insurance coverage complying with Islamic law, tapping a market that could be worth $15 billion by 2015.
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Harrah's Entertainment, the world's biggest casino operator, gets a $15bn (Â£8bn) takeover offer from two private equity firms.
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Vornado raised its bid to $56 a share in cash and stock, or $41 billion, topping a bid of $54 a share from the private equity giant Blackstone Group.
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Representatives of the Qatari Investment Authority have indicated a willingness to pay as much as 15 pounds a share for Nasdaq's  31 percent stake in the London Stock Exchange  the Sunday Times newspaper said.
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Harrahâs, the worldâs largest casino company, was near a deal last night to be sold to Apollo Group and Texas Pacific Group.
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NEW YORK, November 16  - Hollinger Inc (HL1R.BER) has proposed to buy the shares owned by minority shareholders at a price of C$7.
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BlackRock Inc., the largest publicly traded US mutual-fund company, agreed to buy the investment unit of Quellos Group LLC for as much as $1.7 billion, more than doubling its hedge-fund assets.
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Private equity firms Apollo Management  and Texas Pacific Group  were near reaching a deal to  buy Harrah's Entertainment Inc.  on Sunday, with an  announcement possible on Monday, sources familiar with the  situation said.
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Harrah's Entertainment Inc. said on Tuesday it agreed to be bought by private equity firms Apollo Management and Texas Pacific Group for $17.1 billion in cash.
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Nasdaq and Borse Dubai said Wednesday they raised their bid for Sweden's OMX exchange by 15 percent to $4.9 billion and entered agreements with key shareholders to secure nearly half of OMX shares.
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LAS VEGAS -- Private equity bidders extended their shopping spree for casino companies yesterday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC.
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LAS VEGAS -- Harrah's Entertainment Inc., the world's largest casino operator, said Monday it has received a $15.05 billion offer for the company from private-equity firms Apollo Management and Texas Pacific Group.
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The firm immortalized in âBarbarians at the Gateâ filed documents for an offering that would raise $1.25 billion.
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Nasdaq and Borse Dubai raised their bid for the Swedish exchange by 15 percent to $4.9 billion and entered agreements with key shareholders to secure nearly half of OMX shares.
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Kohlberg Kravis Roberts, one of the kings of the buyout world, filed for a $1.25 billion initial public offering yesterday, following the precedent set two weeks ago by its long-standing rival, Blackstone Group.
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No decision was expected on Thursday by the Harrah's Entertainment Inc.  board on offers worth $15.5 billion or more for the world's largest casino company, a person familiar with the matter said.