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Bill would limit aggressive repossession by Buy Here Pay Here dealers
2015-04-20 05:59:06| Auto Dealers - Topix.net
Buy Here Pay Now auto dealers target low-income customers with poor credit. Their loans, with interest rates of 30% or more, contribute to defaults for about 1 in 4 purchasers.
UPDATE 1-Prologis to buy KTR Capital for $5.9 billion
2015-04-20 05:20:52| Real Estate - Topix.net
Prologis Inc, which owns warehouses and retail-distribution centers, said on Sunday it would acquire the real estate assets and operating platform of closely held KTR Capital Partners and its affiliates for $5.9 billion. The assets consist of KTR's three co-investment funds and will be part of Prologis U.S. Logistics Venture, a joint partnership with Norges Bank Investment Management, according to a press statement.
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Altice gets EU OK for Portugal Telecom buy, must sell existing ops
2015-04-20 02:00:00| Total Telecom industry news
European Commission rules that allowing merger of Caboviso and ONI with Portugal Telecom could impact on competition.
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Sika offers to buy founders' controlling stake
2015-04-19 19:22:28| Chemicals - Topix.net
Swiss chemicals company Sika AG has offered 2.25 billion Swiss francs to buy its founding family's controlling stake, Swiss media reported Sunday, a move designed to scupper a hostile takeover by France's Saint-Gobain SA. The management of Baar-based Sika has made the offer to encourage the Burkard family to cancel their agreement to sell their holding to Saint-Gobain for 2.75 billion francs.
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The big auto sales question: Buy, lease or cash?
2015-04-19 06:30:15| Auto Dealers - Topix.net
Those interested in purchasing a new vehicle have many options to consider when visiting an auto dealer, such as paying with cash or financing and buying to own or leasing. Auto dealers and local bankers said it comes down to what suits the car purchaser best, but they also said right now is probably the best time to purchase a new vehicle.
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