Australia's Westfield offloads five US mallsAustralian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.
Ablyazov's hidden assets to be revealedLondon’s High Court has granted the motion of Kazakhstan's BTA Bank and ordered Mukhtar Ablyazov's lawyers to disclose information about the billionaire's assets.
11 August 2014
Australia's Treasury Wines rejects $2.85 bn takeover offerAustralia's Treasury Wine Estates on Tuesday revealed it received a Aus$3.05 billion (US$2.85 billion) takeover bid from US private equity firm Kohlberg Kravis Roberts (KKR) and rejected it as too low.
21 May 2014
DBS buys Societe Generale's Asian private banking businessSingapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.
Li's Power Assets to spin off HK unitLi Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.
13 January 2014
US urges Supreme Court to review Argentina debt caseThe US government has urged the Supreme Court to intervene in Argentina's fight over paying up on its defaulted debt, saying a lower court ruling against the country was wrong.
Obama extends economic sanctions linked to Hezbollah President Barack Obama announced Monday he had extended for at least a year the US freeze on financial assets of entities linked to Hezbollah, citing a threat to Lebanon's stability.
30 July 2013
Egypt freezes assets of 14 top Islamists Egypt's public prosecutor ordered the freezing of assets belonging to 14 top Islamists, as the US dispatched its first senior official to Cairo since president Mohamed Morsi's ouster.