Archive for July 12, 2010
General Growth Properties, Jones Lang LaSalle Ink Deal For 18 US Malls : WSJ
Troubled mall owner General Growth Properties Inc. (GGP, GGWPQ.PK) entered into an agreement with Jones Lang Lasalle Inc. (JLL) to take over its third-party management business that operates 18 U.S. malls not owned by General Growth, the Wall street Journal or WSJ reported Monday. The financial aspects of the deal, which closed on Friday, were [...]
Standard Chartered Agrees To Acquire GE Commercial Financing, Singapore – Update
Standard Chartered plc (STAN.L) said Monday that its subsidiary Standard Chartered Bank entered an agreement to acquire GE Commercial Financing (Singapore) Ltd., a unit of General Electric Co. (GE). The transaction is expected to be completed by month end.
FT: Banco Santander Eyes Acquisitions In Colombia, Peru – Update
Banco Santander S.A. (BNC.L, STD) is on the lookout for acquisitions across Latin America, particularly in Colombia and Peru, the Financial Times reported Sunday. The Spanish bank has stepped up its expansion in the Latin American region to offset weakness at home and in other troubled markets across Europe and in the U.S.