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PRESS RELEASE: USAA Real Estate Co. and Cencor Realty Services JV Acquire Stake in San Antonio Retail Center
2013-10-23 21:01:00| National Real Estate Investor
Jason F. An affiliate of USAA Real Estate Company and a Cencor Realty Services joint venture have acquired an investment stake in the H-E-B-anchored Culebra Market, a 232,126-sq.-ft. grocery-anchored retail center in San Antonio, Texas. read more
Tags: services
real
center
estate
Pace to acquire Aurora Networks for USD 310 million
2013-10-23 13:24:00| Telecompaper Headlines
(Telecompaper) Set-top box maker Pace is expanding into the network equipment market with an agreement to buy Aurora Networks for USD 310 million cash. California-based Aurora develops and manufactures optical transport and access network equipment for delivery of video, data and voice services over fibre-based networks. In the year to 31 March, it generated revenues of USD 217 million and EBITDA of USD 30 million. The company counts over 200 customers in 50 countries, including all of the top 10 cable operators in the US. Pace said the deal will add significantly to earnings and support its current margin and leverage targets. It will maintain the Aurora brand and management and operate the company as a separate unit. Pace secured a five-year loan to finance the takeover, and also refinanced its existing credit facilities with a new USD 150 million revolver. Pending regulatory and shareholder approval, the deal is expected to close around year-end.
Tags: million
networks
usd
pace
NRG Energy Enters Into Agreement To Acquire Edison Mission Energy
2013-10-21 06:18:24| pollutiononline News Articles
NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME’s subsidiaries, the unsecured creditors committee, certain of EME’s unsecured noteholders, and the parties to the Powerton and Joliet sale leaseback transaction to acquire substantially all of the assets of EME, including its equity interests in certain of its subsidiaries, for an aggregate purchase price of $2,635M (or $1,572M net of $1,063M retainedcash within EME)
Tags: agreement
energy
mission
acquire
Marlin Equity to acquire Tellabs for $891 million
2013-10-21 02:00:00| Total Telecom industry news
Tender offer will begin by November with deal expected to close by year-end.
Tags: million
equity
acquire
marlin
TPG agrees to acquire stake in Phoenix TV from 21st Century Fox
2013-10-18 21:10:41| Trucking - Topix.net
TPG said Friday that it has inked an agreement to buy 21st Century Fox 's stake in Phoenix Satellite Television Holdings Limited .
Tags: century
fox
phoenix
21st
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