Charter Hall Office REIT, the Australian property company, is seeking offers for a U.S. portfolio that may fetch more than its $ 1.7 billion book value, according to four people with knowledge of the sale.
BusinessWeek.com — Finance
Fifth Third Bancorp, Ohio’s largest lender, said it is selling $ 1.7 billion in stock to finance its exit from the U.S. Treasury Department’s bailout.
BusinessWeek.com — Finance
Hedge funds returned 1.7 percent in December, rebounding from a November loss and ending 2010 at the highest level in more than two years as global equity markets rallied, according to data compiled by Bloomberg.
BusinessWeek.com — Finance
Apax Partners LLP, the London-based private-equity firm, is close to reaching a deal to buy German discount clothing retailer Takko Holding GmbH from Advent International Corp. for about 1.3 billion euros ($ 1.7 billion), said three people with knowledge of the talks.
BusinessWeek.com — Finance