KKR & Co. has agreed to acquire a Japanese real-estate joint venture between Mitsubishi Corp. and UBS Group AG for $2 billion, it said Thursday. KKR said the acquisition will deepen its presence in Japan and expand...
Quikr acquires real-estate platform India Property
Online classifieds platform Quikr has acquired Chennai-based startup India Property Online Private Limited, a real estate platform, for an undisclosed amount, the company said in a statement on Monday. The acquisition...
Two bidders in talks to buy German retail giant Galeria
The insolvency manager of German department store giant Galeria Karstadt Kaufhof said on Tuesday it will hold talks with two bidders who want to buy the nation’s most prominent retailer that filed for insolvency...
Adam Neumann submits bid to buy back WeWork for more than $500 million
Adam Neumann, the former chief executive and co-founder of WeWork, recently submitted an offer to buy the bankrupt co-working company for more than $500 million, according to people familiar with the matter. It wasn’t...
Macy’s rejects Arkhouse’s $5.8 billion bid, citing financing concerns
Macy’s said it had rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing concerns over deal financing and valuation...
Macy’s investors mount $5.8 billion buyout bid
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private, according to a person familiar with the matter on Sunday...
Proptech firm Blox to buy controlling stake in Justo
The artificial intelligence-powered proptech company Blox is set to acquire a controlling stake in Justo, a mandate brokerage firm with deep presence across Maharashtra, at an enterprise value of ₹350 crore. The...
Blackstone weighing offers for Bellagio casino stake – Bloomberg News
U.S. investment giant Blackstone Inc is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, Bloomberg News reported on Monday. The investment firm is considering its options...
Kushner Cos launches hostile bid for rival Veris Residential
Jared Kushner’s family real-estate firm Kushner Cos said on Thursday it has made a hostile bid for Veris Residential Inc, as the company looks to address strategic and operational issues at the real estate...
China Evergrande’s stake in regional bank sold for $1.05 billion
A consortium of Chinese state-owned and private companies agreed to pay the equivalent of $1.05 billion for a minority stake in a domestic bank held by China Evergrande Group, helping the troubled property developer...
Emami promoters eye sale of realty, hospital assets
The promoters of Emami Ltd expect to reduce their pledged shares in the company to 10-15% of their holding by selling the group’s hospital business and real-estate owned by the promoters and few group companies...
Permira nears $1.3 billion deal to acquire Reorg
Buyout firm Permira is nearing a deal to acquire Reorg Research Inc, a financial data vendor specializing in debt restructuring, for more than $1.3 billion, including debt, according to people familiar with the matter...