Archive for January 7th, 2013

Bank of America

Nationstar to acquire $215bn worth of mortgage assets from BofA

Nationstar Mortgage LLC has struck a final deal to buy USD215bn (EUR164.9bn) of residential mortgage servicing rights (MSRs) and certain other assets from Bank of America Corp (NYSE:BAC), the buyer’s parent, US residential mortgage servicer Nationstar Mortgage Holdings Inc (NYSE:NSM), […]

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Downtown Tokyo at night

Ceberus to cut stake in Japanese Aozora Bank

US buyout firm Cerberus Capital Management LP intends to shed up to 632.5m shares in Japan's Aozora Bank Ltd (TYO:8304), a move that would lower its voting stake

Daimler reports an increase in profit on back of Mercedes sales

China’s sovereign wealth fund considers Daimler investment

Chinese sovereign wealth fund China Investment Corporation (CIC) is pondering the acquisition of an interest in German premium motor vehicles manufacturer Daimler AG (ETR:DAI), Chinese media reported. The online

gambling

Betting firm Ladbrokes reveals talks to acquire Irish partner Betdaq

UK online betting and gaming company Ladbrokes plc (LON:LAD) confirmed on Monday it was in talks to potentially take over Irish online sports betting exchange Betdaq. While the parties,

Music

Sony and BMG interested in EMI’s Parlophone

Japan's Sony Corporation (TYO:6758) and Germany's BMG Rights Management GmbH plan to make a joint bid for Parlophone and other labels of UK music group EMI Music, the

cinema

Terra Firma revisits plans to sell UK cinema operator Odeon & UCI

UK private equity group Terra Firma Capital Partners Ltd plans to shed cinemas operator Odeon & UCI group this year after it put sale talks on ice two

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