Private Capital

EMC to acquire much of Cisco's stake in joint venture VCE -Bloomberg

Oct 22 - Data storage products maker EMC Corp is buying much of Cisco System Inc's stake in their joint venture VCE, Bloomberg said, citing people with knowledge of the matter.

CORRECTED-UPDATE 2-U.S. regulators adopt new risk rules for securitization

(Corrects year of the Dodd-Frank Act to 2010, not 2011, 2nd paragraph)

21 Oct 2014

Deals of the day- Mergers and acquisitions

(Adds Chiquita, Royal Dutch Shell, Siemens, Amgen, Honeywell and Abraaj Group)

M&A, Regulatory News 21 Oct 2014

UPDATE 1-Abraaj aims to seal purchase soon of Saudi fast-food chain Kudu

DUBAI, Oct 21 - Private equity firm Abraaj Group hopes to conclude a deal soon to buy a majority stake in Saudi fast-food chain Kudu alongside TPG Capital, a senior Abraaj executive told Reuters.

Regulatory News, 21 Oct 2014

UPDATE 1-EQT frontrunner for Siemens hearing-aids business -sources

FRANKFURT/LONDON, Oct 21 - German engineering group Siemens is in advanced talks to sell its hearing-aids business for more than 2 billion euros ($2.5 billion), with private equity firm EQT the frontrunner, two people familiar with the matter said.

21 Oct 2014

Abraaj aims to seal purchase soon of Saudi fast-food chain Kudu

DUBAI, Oct 21 - Private equity firm Abraaj Group hopes to conclude a deal soon to buy a majority stake in Saudi fast-food chain Kudu alongside TPG Capital, a senior Abraaj executive told Reuters.

Regulatory News, 21 Oct 2014

Siemens in advanced talks to sell hearing-aids unit - sources

FRANKFURT, Oct 21 - German engineering group Siemens is in advanced talks to sell its hearing-aids business for more than 2 billion euros ($2.5 billion), two people familiar with the matter said.

21 Oct 2014

U.S. FDIC board adopts final risk retention rule

WASHINGTON, Oct 21 - The U.S. Federal Deposit Insurance Corp on Tuesday adopted a final rule for risk retention in securitization, which would require banks to keep at least 5 percent of the risk on their books when they sell on credit risk to investors.

21 Oct 2014

U.S. FDIC issues final risk retention rule for board vote

WASHINGTON, Oct 21 - U.S. Federal Deposit Insurance Corporation staff released a final rule on Tuesday that would require banks to retain at least 5 percent of the risk on their books when securitizing loans.

21 Oct 2014

India's Aditya Birla bids for Lafarge-Holcim assets-sources

MUMBAI, Oct 21 - India's diversified Aditya Birla Group has submitted a bid for the Brazilian and the Philippine assets of cement industry leaders Lafarge and Holcim , two persons directly involved in the transaction said.

Regulatory News, 21 Oct 2014
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Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

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Laudantium Exercitation Nihil Ipsam Cupidatat

Modi Iure Fugit Ullamco Consequatur Dicta. Fugiat Aute Voluptas Id Ab Nihil Ad. Id Eu Ea Modi.