India: Flipkart signs term sheet to acquire beleaguered rival Snapdeal- Report


The term-sheet nominally values Snapdeal at around $1 billion

Private Equity revels in a gravity-defying fee bonanza

One corner of the investing world is surprisingly immune to the widespread trend of shrinking management fees: private equity. Despite lower fees at firms from BlackRock Inc. to Brevan Howard Asset Management LLP and across most types of funds, many private equity managers are charging investors roughly the same amount as they… Read more »

Singapore: CapitaLand, BlackRock in talks for Asia Square Tower 2

Singapore’s largest developer CapitaLand is in exclusive talks to acquire the Asia Square Tower 2 in Singapore’s Marina Bay from top global asset manager BlackRock Real Estate Fund III, the Mingtiandi reported. Pegged at $2.34 billion, the 46-storey tower stands on 1,220,000 square foot (113,350 square metre). It is on… Read more »