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Douglas Emmett Agrees to Buy Four W. Los Angeles Office Towers for $1.34 Billion

2016-02-10 11:01:00| National Real Estate Investor

Randyl Drummer <news@costar.com> Douglas Emmett on Tuesday revealed for the first time publicly that it will acquire a four-tower, 1.72 million-sq.-ft. office portfolio in the Westwood district of Los Angeles for $1.34 billion, or $779 per sq. ft. read more

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Opera agrees takeover by Kunlun, Qihoo for USD 1.2 bln

2016-02-10 08:15:00| Telecompaper Headlines

(Telecompaper) Opera Software has agreed a takeover offer worth USD 1.2 billion from a consortium of Chinese investments. The bidders are led by Golden Brick Silk Road Equity Investment Fund with the partners Beijing Kunlun Tech, Qihoo 360 Software and Yonglian (Yinchuan) Investment. The cash offer of NOK 71 per share is a 56 percent premium on Opera's average share price in the past 30 days and is the result of a strategic review started by the Norwegian company last August. Opera's board has recommended the offer to shareholders, and a number of large shareholders and management holding in total 33 percent of shares have already agreed to accept the takeover offer. 

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Apollo Education Agrees to go Private, Loews Net Swings to Loss

2016-02-09 09:50:51| Toys - Topix.net

Cognizant net and revenues surged but lowered on weak forecast. CTS fell despite net swung to profit.

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ADM agrees to buy Morocco-based corn wet mill

2016-02-09 01:00:00| Food Processing Technology

US-based agribusiness group Archer Daniels Midland (ADM) has agreed to acquire Tate & Lyle's corn wet mill in Morocco.

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U.N. group agrees to aircraft CO2 standards

2016-02-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global aviation experts agreed on Monday to the first emissions-reduction standards for aircraft in a deal that will take effect with new models in four years, but environmental groups said the carbon dioxide cuts did not go far enough. The standards are aimed at makers of small and large planes alike and will apply to all new aircraft models launched after 2020, the Montreal-based United Nations aviation agency said. They will also be phased in for existing aircraft built from 2023, with a...

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