DealZone

Deals wrap: Capital One to buy ING’s U.S. online bank

June 17, 2011

Capital One plans to buy ING’s U.S. online bank for $9 billion in cash and stock, freeing the Dutch bank to repay bailout funds and sever its state ties.

Italian fashion house Prada floated at the low end of its target price range on Friday, raising $2.1 billion as investors baulked at its rich valuation while global markets are weak.

Private equity firm Leonard Green & Partners said it has teamed up with CVC Capital Partners to submit a proposal to buy BJ’s Wholesale Club, the third-largest U.S. wholesale club retailer.

The New York Times looks at what is behind the spate of energy deals.

Business Insider provides the “16 meaningless market phrases that will make you sound smart on CNBC.”

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